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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?


To: Scott Mc who wrote (4727)2/23/1998 9:14:00 PM
From: HAZ  Read Replies (3) | Respond to of 24921
 
Scott / All / Magin Energy

I sold Magin last year around 2.90 or so and it fell back and then tested 3.00 plus for a couple of months.

It has dropped along with most O&G companies and I plan to look at fundamentals again and evaluate stock.

Rayrock Resources owns a major interest in Magin which they got from selling their interest in Discovery West, the predecessor company. I converted my Discovery into Magin and Blackrock Ventures shares and I made a nice profit.

Do you have any production and financial targets on Magin.

Insider buying is a good sign but I don't want to rely on it alone.

Cheers and good investing