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Gold/Mining/Energy : Magin Energy-MGY on TSE

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To: Jidamo who wrote (28)4/11/2000 10:30:00 AM
From: TheBare  Read Replies (1) of 92
 
Not trying to disagree, but why will o&g get hot again?

Oil is falling for now. I understand demand for summer will rise and gas is looking good. Maybe all these buyouts? That may pique interest in this sector?

I still don't understand why MGY is reaching 6 months highs now, after oil has spiked higher. Is this just investor lag (ie. gas pump prices rise and then people buy :-)?

I still own MGY but at a higher price. Looking to re-capture my original capital hopefully.
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