Glenn MacNeill, P.Eng.
MGM Energy Corp.
MGX-T
BUY
May 09, 2007
Owns assets in the Mackenzie Valley, Delta area, which he thinks are very long-term oriented. If Colville properties are proven up, it could get to market very quickly. This is where the value is. Probably at the bottom now.
If you are a gas bull, this is a nice play. These are the Mackenzie Delta assets that were spun out of Paramount (POU-T). No cash flow, but they are in an area where the Mackenzie pipeline will come to.
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