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Madalena Energy Inc. MDLNF

"Madalena Energy Inc a Canadian-based international upstream oil and gas company. The core business activities include exploration, development, and production of crude oil, natural gas liquids, and natural gas. The company holds several exploration blocks such as Santa Victoria Block, El Chivil Block, El Vinalar Block and others. It derives revenue from the sales of Crude oil and Natural gas, of which key revenue is derived from Crude oil sales."


OTCQX:MDLNF - Post by User

Comment by PappyGalloon Jul 28, 2021 7:38pm
501 Views
Post# 33618653

RE:Movement

RE:MovementYou might consider writing to the CEO Mr. David Tawil;  david@maglan.com  

About 6 months I did write to him and I called him and during our conversation he mentioned that they were working hard to resolve some of the issues.    Remember Maglan has about 300 million shares so between Mr. Tawil, Mr. Azarbad and Maglan they are hurting considerably.   They should be motivated to try and get things going as much as possible.   Conservatively, I figure they have spent at least 100 million dollars on CTA.   

Food for thought. 
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