MGM Energy Corp MGMCF

Is Husky's telling us something about Canol?

[OilEng]

I have no idea about technical analysis, so I would like some help with something that I have noticed about Husky's trading.  Below is a chart for Husky as compared to Suncor which I think has a similar business.  Around November 27th they starting diverging.  This is just about the time that they gave an investor presentation in which they gave a lot of details about their resources plays.  They also gave out some stuff on the Canol (they call it Slater River). 

I have done some back of the envelop calculations and Slater River could be very material to Husky.  I think they could have a lot of oil there and it would really move the needle on their stock price. 

What do you think is going on here? 

[farml1234]

https://www.huskyenergy.com/downloads/InvestorRelations/Presentations/Corporate-Presentation-Jan2013.pdf look at page 10 ,, notice what lands Husky thinks hold the most oil in place

[bouligny]

It, and the map on page 12, show the location of their holdings. On page 30 they show reserves by field - Canol shows naught.  

[farml1234]

Re:::On page 30 they show reserves by field - Canol shows naught Kind of hard to show reserves with no production

[glacierman]

Oileng, you have obviously used your Jedi mind tricks on millions of Husky investors.   There is no other explanation because the Canal a.k.a. Slater River is obviously a hoax.