Wow what a day!!
I’m kick myself for not picking up some more.

This board is quite today. Stock down 17% .

Clip from the last press release:


Field operators have identified areas of interest that can be reached in Canadian County, Oklahoma. Magellan Energy Ltd. is constantly and aggressively seeking other areas of interest to further its inventory of wells. The Canadian County has been looked at by Magellan Management as the next primary target for drilling operation.

Here's the spam email sent:

CHSH's 1000 Retail Outlets To Provide Wide Variity of Revenue!

China Shoe Holdings Inc. (CHSH)
$0.58

CHSH's will initially open 100 company satores from now to 2008,
they will than open an additional 900 stores that will be companied owned, franchised, and privately owned. This company is hot to move fast and so will its trading. Watch for more news and get on CHSH firt thing Monday!

PRESS RELEASE

SYSCO to Webcast Fourth Quarter Earnings Conference Call
Monday August 6, 4:01 pm ET


HOUSTON, Aug. 6, 2007 (PRIME NEWSWIRE) -- SYSCO Corporation (NYSE:SYY - News) announced today that it will webcast its fourth quarter fiscal year 2007 earnings conference call on Monday, August 13, 2007 at 10:00 a.m. EDT.
The live webcast can be accessed online at http://www.sysco.com in the Investor Relations section. A webcast replay and downloadable MP3 file of the conference call will be available at approximately 1:00 p.m. EDT that same day. The company also will issue a news release on the morning of August 13, prior to the earnings conference call, which can be accessed online at http://www.sysco.com in the Investor Relations section.

SYSCO is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers that prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. For the calendar year 2006, the company generated $33.9 billion in sales. For more information about SYSCO visit http://www.sysco.com

Some news is long over due.

Already in!! Been holding for a while.

Look’s like it already starting to be a good day.

Definitely this is a stock to watch.

Good time to buy!!

Oil prices are going up… Hopefully soon MGLG will strike some oil at the Canadian County, Oklahoma site. There some big players drill there too.

I found this article that might interest you. I'm not sure if it has been previously posted.



BoonMarket.com: BoonMarket.com Announces Coverage of Magellan Energy Ltd.




SANTA BARBARA, CA., Jun 21, 2007 (M2 PRESSWIRE via COMTEX) -- BoonMarket.com announced today their renewed interest in Magellan Energy Ltd. (OTC: MGLG). MGLG has been mentioned on BoonMarket.com in the past and recent developments within the company have compelled BoonMarket.com to closely follow the company once again.

Don't be crazy enough to ignore the riveting insight we provide. In-depth analysis of this and other companies can be viewed through BoonMarket.com's special email alerts. You can sign up for these alerts for free (limited time only) by visiting http://visitor.constantcontact.com/email.jsp?m=1101186369563.

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MGLG is currently up 25.33% on 1,089,278 shares traded. MGLG news from 6/19/07:

Magellan Energy Ltd. Completes Logging Reports Magellan Energy Ltd. announces update for its current operations on the Pemberton #14 well in Morgan County, Tennessee. Several zones have been identified which appear capable of commercial oil and gas production.

Magellan Energy Ltd. maintains its position on the Pemberton property and continues operations on the #14 well. Previous drilling operations of this well, combined with current electronic logging reports, have established several zones that are capable of producing oil and gas. The studies and reports on the Pemberton well #14 have shown positive results which will lead Magellan Energy Ltd. to expand its research and drilling operations. This well is expected to be put into production for oil and gas in the near future.

"The reassessment of our position on Pemberton #14 is based on the studies completed to date. The Logging reports are a clear indication that we are definitely on the desired path to achieve a positive cash flow for Magellan Energy. We anticipate placing well #14 into full production in the near future thereby securing our place in the oil and gas industry as a revenue producing company," stated Mr. Akrivos.

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About BoonMarket.com

BoonMarket.com has become the premier stop for those investors who wish to experience huge profits via up-and-coming publicly traded companies. For more information, please see our contact information below.

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About Magellan Energy Ltd.

Magellan Energy Ltd. is a growing and experienced energy company focused on acquiring and partnering with existing producing junior properties in North America. Magellan Energy Ltd. is working to establish itself as a world-class oil and natural gas company, capitalizing on smart acquisitions and having great relations through partnerships.