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Charles Taylor Group Plc V.MQL


Primary Symbol: CHTYF

Marquee Energy Ltd is a Canada-based company. It is engaged in the acquisition, exploration, development, and production of oil and natural gas. The company receives maximum revenue from oil and natural gas sales. The company's core operations are in Michichi area.


GREY:CHTYF - Post by User

Comment by roscoe74on May 16, 2017 11:58am
205 Views
Post# 26250018

RE:Good Michichi assets, management has questionable competence

RE:Good Michichi assets, management has questionable competence
stockfy wrote: As we know, MQX current management (i.e. CEO Bin Vu etc.) is mainly coming from AOS and numerous shareholders had expressed their concerns about their competence and whether they had truly worked for the AOS shareholders. Originally, they didn't do the best things for the AOS shareholders when they were in AOS, we all know this...Also, they don't have skin in the game given that they don't hold many MQX shares. On top of that, MQX is a highly leveraged firm and its future is uncertain because it's highly dependent on its lenders.

However, MQX properties at Michichi are good, so perhaps you want to check Traverse Energy (TVL) that drills at Michichi too.

TVL has high insider ownership and it's debt free too.

glta
 

Perhaps you should check "current management" before pumping your losers. Is this your first day as a junior phone chimp?
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