Monday, July 07, 2014 2:51:29 AM
I'm praying they will have a conscience. If I read the court papers correctly (and I did read them) MGLG owners were paid millions. If we don't hear any communication soon then it may be out to pasture - however, if even one of those owners is glancing over here and wondering, hmm...should I help these shareholders out or let them lose their hard earned money?...Well I hope they answer the call to put out a PR and announce what they intend on doing with Magellan Energy.
I choose to believe that these owners started something they intend to finish and the wells in Tennessee according to my best friend who lives out there he says are very "oil rich." So not only would they be doing us a favor, but to continue drilling will benefit everyone. It'd be easy for them to run right now. Again, I pray they see the benefit of "finishing what they started."
I also disagree that there is no legal owner of record. Let's hope and pray that this comes back from the dust, literally. Lastly, if you were playing back in 2009 like I was - you wouldn't be so negative. I had thousands of dollars in my account daily. Just wasn't experienced enough to know to sell and take some profit. If you're in penny stocks, be brave enough to take some profits. You'll always have enough to "play another day" if you do.
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