It amazes me that MGX can strike a great deal and farm-out agreement with Shell, one of the worlds biggest and respected oil giants and not get a penny or 2 of recognition for it. Shell is planning on drilling 1 well for sure this coming winter and targeting the Canol and Bluefish shale oil and they are also planning on fracing it to test oil flow.
drilling is only months away and I guess in this current stock market environment that means lots of time to get in before the actual results will have any bearing on the SP, but the way I see it, if this well is successful and if Husky also has similar success with their testing this winter, it will set the stage for a very large development of the Canol, which will mean 1000's of jobs for locals and lots of prosperity as well.
I continue to add to my position and just got some the other day for 0.215 which amazes me to no end, oh well, I guess I shouldn't look a gift horse in the mouth.
DYODD and if youm don't share my opinions my buy orders are GTC and waiting for your sell orders.\
GLL