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Gold/Mining/Energy : Magin Energy-MGY on TSE -- Ignore unavailable to you. Want to Upgrade?


To: Craig C who wrote (83)11/14/2000 10:39:29 PM
From: kingfisher  Read Replies (1) | Respond to of 92
 
Yes stock did not budge at all.
Says it all,should be a great tax loss buy.The honourable strategy would be for management to step aside and put company for sale within 6 months of Copton going on line.
The equity markets have wisely chosen to ignore the small caps .
Any energy company unable to thrive in this pricing environment does not deserve to survive.
Wish they would stick to finding reserves rather than speculating on prices, terrible hedges