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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

Comment by filefishon Oct 08, 2021 3:53pm
243 Views
Post# 33990296

RE:RE:RE:Frustrating

RE:RE:RE:Frustrating Eigen, its that kind of  game playing that messes with this stock.
Thats because this little gem is not widely known by the investing public ( especially in the US.)
This environment is where MEG management can shine bright. Their 3rd Quarter report will be outstanding , even with the one poor hedge that will expire year end . They just need to make a press release on their intentions going forward. I have no intentions of selling any time soon. 
 

Eigen337 wrote: filefish - (10/8/2021 3:16:34 PM)

RE:Frustrating


I am thinking the same thing. Might be Nuttall closing out his Ninepoint  position?
Who else would be selling with WTI at 79+


**********

Eric Nuttall SOLD OUT ALL of MEG LAST MONTH in September !!!

He CHANGED 6 POSITIONS during the month so you can BE SURE that he BOTH CLEANED OUT (3) and MAXXED OUT (3) !!!

He has to BOOK HIS GAINS and COLLECT COMMISSIONS and FEES on those CLOSED OUT POSITIONS !!!

This is my opinion only.

Eigen337



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