Bullboard - Stock Discussion Forum LNG Energy Group Corp. V.LNGE

Alternate Symbol(s): LNGNF | V.LNGE.WT

Energy Oil & Gas E&P

LNG Energy Group Corp is a Canada-based company, which is focused on the acquisition and development of natural gas production and exploration assets in Latin America. The Company’s assets include Sinu-San Jacinto-1(SSJN-1), Valle Inferior del Magdelana-41 (VIM-41), Valle Inferior del Magdalena-42 (VIM-42) and Sinu-San Jacinto 3-1(SSJN 3-1). The Company has a 50% working interest in SSJN-1, VIM... see more

TSXV:LNGE - Post Discussion

LNG Energy Group Corp. > Coming Into Buying Range?

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Post by Digger0144 on Mar 18, 2021 2:50pm

Coming Into Buying Range?

The attached chart...says it all!
The stock has been on a down trend since hitting $.90 in December, 2020.
....the stock now sitting around $.43.
The flyer in the Psychedelic space is MMED which has also been cut down about half recently...perhaps the market is taking a break in the sector...opportunity...maybe.
I have spent many hours on research namely reading articles about the Psychedelic Drugs available and their possible benefits...combined with administering the drugs the support resources that are being developed to enhance their benefits and treatment of mental health disorders.
The digital space of support via Psychiatrists...Psychotherapists and such has been available for such a long time but not really utilized...that is changing.
For me some time in the future as was the case with the "Weed" stocks the sector is going to consolidate...the team and game plan with this company seems solid.
I have not taken a position as of yet...I am going to let the stock bottom.
A very speculative stock...but...hey...we have to have some of them in our portfolio...invest according to your risk tolerance.
MMED has the high profile "people" backing them and getting the spot light in the media...that will help this company as the movement pushes forward.

I will post when I take my first position...hope the chart works.

MCUR.CA | SharpChart | StockCharts.com

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Comment by gainwidpatience on Mar 18, 2021 4:16pm

Closed lower on chart. Looks to me downtrend is going to continue. I am too waiting for the good entry point. This is a solid company in psychedelic space.

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Comment by Copperrun on Mar 23, 2021 1:41am

I don't get this. Mcur should pass MMED we have better management, we actually have products and technology, We have a way better share count. WE HAVE MORE CASH THAN MARKET CAP. my chart I will post after shows them mcur with only 5.36 mill that number is closer to 25ish now. cost of operation from us is around 500000 that means we can cover our selves for a while mean while in 1 year mmed ...more

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Comment by Digger0144 on Mar 31, 2021 1:27pm

I just bought in....10,000 shares @ $.42 The stock seems to be basing...last couple of weeks. I believe as the NASDAQ goes...this will go. The flyer in the sector namely MMED looks like it tested resistance and wants to go higher....as it goes...this one will go accordingly. Let's Go! All the Best! Digger0144

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