LNG Energy Group Corp. V.LNGE

Alternate Symbol(s): LNGNF | V.LNGE.WT

Energy Oil & Gas E&P

LNG Energy Group Corp is a Canada-based company, which is focused on the acquisition and development of natural gas production and exploration assets in Latin America. The Company’s assets include Sinu-San Jacinto-1(SSJN-1), Valle Inferior del Magdelana-41 (VIM-41), Valle Inferior del Magdalena-42 (VIM-42) and Sinu-San Jacinto 3-1(SSJN 3-1). The Company has a 50% working interest in SSJN-1, VIM -42 and SSJN 3-1. The Company has a 100% working interest in VIM-41. SSJN-1 covers approximately 226,000 acres. SSJN 3-1 covers approximately 83,000 acres. VIM-41 includes 93 billion cubic feet equivalent (BCFE) of net 3P reserves. It covers approximately 172,000 acres. VIM-42 includes 405 billion cubic feet (BCF) of prospective resource and covers approximately 228,000 acres.

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LNG Energy Group Corp. > Slowly going to 0

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Comment by Investmentwinon Mar 15, 2022 5:35pm

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Post# 34516639

RE:Slowly going to 0

MCUR must cut their burn rate immediately

MCUR has zero Revenue

The extremely overpaid management need
to get at least a 50% pay cut now

This is standard practice when a penny stock
gets itself in a very tough situation
We will see if MCUR team care at all about their company and shareholders soon
Must do cut backs now or forced to in a few months