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Bullboard - Stock Discussion Forum MGM Energy Corp MGMCF

GREY:MGMCF - Post Discussion

MGM Energy Corp > Canol exposure
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Post by glacierman on Feb 03, 2013 1:23pm

Canol exposure

Folks, we all have friends and colleagues that are a little uncomfortable investing in a MGX type investment due to their age or family circumstance.     I completely understand that people need to sleep at night.   If people still want exposure to the Canol with less downside risk then HSE or POU might be the route for them.    Paramount has 54 million shares of MGX on the books and they have always considered them a valuable strategic investment in all their investor presentations.     POU had quite the pop on Friday so maybe it’s another of those Canol effects.
Comment by shambano1 on Feb 04, 2013 8:50am
I doubt very much that POU moved up because of their MGX shares, but you enver know.  i agree that Huskty and POU or other seniors that are exploring in central mackensie are safer bets, but MGM has much more upside on a percventage basis. I don't have any problems with warning investors that MGM is a speculation play, it is, but I think most investors that are buying already know that it ...more  
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