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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
Post by moncton4on May 28, 2019 10:28pm
96 Views
Post# 29780420

re:E.Nuttall

re:E.Nuttall
look at his fund and you will find a dismal performance.  Now even worse than in 2008/2009 financial crisis.


what have these fundmanagers done all those years besides getting their cut from the investor.

Make those funds performance dependent.  If the fund has a positive return managers should get their cut but if the fund has a negative performance not a cent should go to the manager.

That is why I never put money into the hands of managers.

jmo

According to J.Schachter  the outlook should change in late June.

If we get a recession soon you can forget the stockmarkets all together.

djodd




https://www.ninepoint.com/funds/ninepoint-energy-fund/
Bullboard Posts