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Mcf Energy Ltd V.MCF

Alternate Symbol(s):  MCFNF

MCF Energy Ltd. is a Canada-based junior resource company. The Company is engaged in the identification, and the exploration and development, of both proven and unproven reserves via drilling and/or acquisition with a focus on the European oil and gas sector. The Company has secured interests in several significant natural gas exploration projects in Austria and Germany with additional concession applications pending. It is also evaluating additional opportunities throughout Europe. The Company is involved in the development of a natural gas industry as a transition to renewable energy sources.


TSXV:MCF - Post by User

Post by DocPaton Oct 18, 2023 4:51pm
139 Views
Post# 35689838

Started a Position

Started a PositionStarted a Position @ $0.30. I generally stay away from pure exploration plays, but, these guys seem sharp and they are indeed hunting Big Game. If they are correct, it could be really Big.

With that said, I am concerned about the share structure. To many shares outstanding already and I would suggest to the company not to dilute the Company any more. TCF is an excellent example of this. No need to repeat the mistakes of others.

Doc.

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