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Bullboard - Stock Discussion Forum Mcf Energy Ltd V.MCF

Alternate Symbol(s):  MCFNF

MCF Energy Ltd. is a Canada-based junior resource company. The Company is engaged in the identification, and the exploration and development, of both proven and unproven reserves via drilling and/or acquisition with a focus on the European oil and gas sector. The Company has secured interests in several significant natural gas exploration projects in Austria and Germany with additional... see more

TSXV:MCF - Post Discussion

Mcf Energy Ltd > Permitting issues and no production will kill this company
View:
Post by LordNitro777 on Jun 13, 2024 2:22am

Permitting issues and no production will kill this company

The last well they could not even test because the permit ran out? and they are not operator to apply for a permit? and they have no revenue? 

In the rush for the richy riches behind this deal to pump a stock during the European gas crisis, they forgot to get an asset with merit.


STRONG SELL
Comment by Singoa58 on Jun 13, 2024 10:08am
Pump and dump     Heavily promoted  saw it coming a mile away  
Comment by brnbrueck on Jun 13, 2024 10:55am
The terms of the environmental permit only allows activity in fall and winter because it is a scenic hiking area.  Revenue is a near certainty from their Czech Republic assets which should be producing by year-end. If something goes wrong in Austria, then this might be a strong sell.  I'm holding until the end of the year at least...
Comment by BrickmantoStock on Jun 13, 2024 11:57am
Yes.Yes. Maybe. Me too !
Comment by Singoa58 on Jun 13, 2024 12:16pm
Sell it at 14 if you can get it...? I know the area well as its a popular tourist area for hiking... protesters will never allow that atea to get scared imo
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