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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

Comment by practicalguyon Sep 04, 2024 12:09pm
51 Views
Post# 36208119

RE:RE:Mcf down 14 cents in 6 months

RE:RE:Mcf down 14 cents in 6 months

Dutch TTF, a major European natural gas trading hub, is trading at $12 USD per mmbtu (roughly an mcf). This is UP 60% in the last 6 months. 


Intelligent investors understand the natural gas market MCF Energy is in and that it is independent of natural gas prices in the US or world oil prices. If ill informed investors sell MCF at bargain basement prices due to low natural gas price in the US, they deserve to lose money. 

The European gas prices may increase even more if the Russian gas contract for transportation through the Ukraine is not renewed in December. 

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