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Bullboard - Stock Discussion Forum MGM Energy Corp MGMCF

GREY:MGMCF - Post Discussion

MGM Energy Corp > Why don't they sell piece by piece
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Post by MasterTiger on Mar 12, 2014 11:51pm

Why don't they sell piece by piece

like the remaining 80% o fthe nat gas play to KOGAS for a 80mil. The remaining land rights for 50mil. The Canol play for 100 mil.


So collect about 230 mil?
Comment by SmallBet on Mar 13, 2014 12:06pm
here's a thought of lack of constructive management or shareholder value; if POU can afford to buy them out, why did they not just work on a Joint Venture for a drilling program? a; would have been cheaper, b; provides shareholder value