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MEG Energy Corp T.MEG

Alternate Symbol(s):  MEGEF

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

Bullboard Posts
Comment by oilconsultanton Mar 02, 2017 3:31pm
62 Views
Post# 25922024

RE:Oil consultant bashing oil stocks

RE:Oil consultant bashing oil stocksyep I bash junk oil stocks..LOL

TBE went under with $300 mill in debt they could not repay... and MEG has a whoppin $5 BILLION in debt... and they are losing money too.... so since they lost a qtr bill last year... and are losing money everyday... how they ever gonna repay $5 BILLION id debt?  they cannot...LOL

no way!  they go thru bankruptcy to restructure.... they have to.... they will... of course thwe shares will be wroth zero then...LOL

but that is why losers are born, to own like MEG and lose their money so smart people like me can make money...LOL

$5 BILLION in debt... and losing money every qtr!  hilarious.... and some people are dumb enough to own the shares?  how stupid can you be?   LOL

shambone is in MEG at $45, still owns those shares, he posts here sometimes.... he too thinks meg is great...LOL  oh he also owns PMT shares, he is down over 98% there... and still loves the stock... just goes to prove the fools that post here...LOL  stupid as a bag of rocks...LOL  rmember... $5 BILLION in debt... now think... how the hell will they repay that when they are still losing more money?  UMMMMM...LOL  dummie...LOL
Bullboard Posts