Magellan Energy, Ltd. (MGLG)

[StockWatcher]

Wow, you are correct. I had forgotten about that myself. If I remember correctly they had to mix it with a low octane BTU version and they had to pump it to an Alabama Refinery I think it was owned by Koch Industries out of Kansas. (I know what you all are going to say, "We're not in Kansas any more!" From the movie "Wizard of O".) LOLOL So there! I said it for you. LOL

They made money in the long run but had to go the extra mile. Many wells in TN still have that problem even today. But the companies are making money.

I am also playing GLD, SPY and a few Penny Stocks as well. Bought GLD around thanksgiving in 2019 in the $138 area, rode it up to $158 area and sold it, bought it back again in the $138 area and then sold it at $188 area. Getting ready to buy it again, just watching to see if it holds here then rises again or it it will go down to solid support at $164 area. That would be a solid buy there for me. We shall see.