MEG Energy Corp T.MEG

Alternate Symbol(s): MEGEF

Energy Oil & Gas Refining & Marketing

MEG Energy Corp. is a Canada-based energy company focused on in-situ thermal oil production in the southern Athabasca oil region of Alberta, Canada. The Company is engaged in the development of enhanced oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the economic recovery of oil. It transports and sells thermal oil (AWB) to customers throughout North America and internationally. The Company owns a 100% interest in over 410 square miles of mineral leases in the southern Athabasca oil region of Alberta, Canada and is primarily engaged in sustainable in situ thermal oil production at its Christina Lake Project. Christina Lake Project is a multi-phased project, located 150 kilometers south of Fort McMurray in northeast Alberta. It comprised of approximately 200 square kilometers of leases.

TSX:MEG - Post by User

MEG Energy Corp

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Comment by quintessenceon Jul 05, 2016 5:15pm

68 Views

Post# 25024893

RE:RE:Stfu

Not worried about the next few days of trading or the next weeks or months.
Eventually we'll break out of the $7 range again.
Higher lows which following the trend line would be about $6.10.
If you're playing the long game this is an opportunity.
If you're playing the trading game this is an opportunity.
The drop in price is a win win for everybody.

Brexit is positive not negative.
Was listening to European news. One European bureaucrat suggested that with the multitude of discontent in the Eurozone it will more than likely lead to a reworking of the existing framework. Euro needs Britain also.

All IMO.

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