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CVE:MVN

0.08
0.01 (5.88%) 1d
0
Showing 1 to 12 of 12 entries
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RISKY BUY

A player in Argentinian shale. A really interesting company, and if you have a little bit of money where you want to play some significant torque, this is an interesting one. Argentina for her is a “no go zone” because of their historical issues of taking assets away. However, the country is improving politically.

oil / gas
BUY

He likes what is happening in Argentina. It is a net importer of oil. They are getting an absolute premium price inside the country. He would not be surprised to see it become a takeout target. They have no debt. They have some shut in Canadian assets which could start producing if oil prices improve.

oil / gas
HOLD

Has owned this because of their Argentinian play. Thinks the bottom line for Argentina is that they need to have the elections in the fall happen. You just have to be patient with the story.

oil / gas
PAST TOP PICK

(A Top Pick Feb 12/14. Down 64.62%.) Thinks the fundamentals have got better. The big play here is their Argentinean asset base. What they have in Canada is good bread-and-butter assets. Argentina has a regulated oil price which was $80 a barrel, and was just readjusted to $77 a barrel. 90% of their cash flow comes from Argentina, and their budget is basically “drill the cash flow”. It is a very prolific shale oil play and Argentina needs the energy. There are big companies all around them and it is just a question of time until someone takes them out.

oil / gas
COMMENT

An Argentinean resource play with a small amount of Canadian Montney assets that seems to be doing fairly well. Lots of risks involved. They are doing things extraordinarily well. One of the more interesting oil analysts left the research business, and became president of this company. Plays his cards very, very well.

oil / gas
TOP PICK

Acquired a Canadian asset base with the acquisition of Online, which is turning out to be a pretty good venture with 5 for 5 and there is a 6th well they are still puzzling over. The real sweet spot for this company is what is going on in Argentina. There are some very large companies drilling a play called Aqua Morta all around their 38,000 acres and paying huge prices for land. However, this company is having drilling success in its own right and he feels they are de-risking the play. They intend to develop this to a point and have one of the big companies take them out.

oil / gas
PAST TOP PICK

(A Top Pick Dec 21/12. Up 90.77%.) Doesn’t look like it is going to go much higher. Had a really strong rally that is just petering out.

oil / gas
BUY

Acquired Online Explorations, which gave them some Canadian assets. Their genesis however was in Argentina. As the Argentinean government changed the rules the stock got clobbered. Their asset in Argentina is pretty good, but what is missing is capital to really chase it hard. Have developed an interesting play in Canada. Good management. He is seriously taking a look at this one.

oil / gas
COMMENT

Usually this company’s targets are quite large, which interested a lot of people, but they didn’t hit those targets. What typically happens is that when they are about to drill, the stock moves up in anticipation of good results. Most of their landholdings are in political sensitive areas. Very much an exploration story. More of a lottery ticket. Difficult to analyze.

oil / gas
TOP PICK

Very risky but nice bold formation. Pick up in volume with price. If it goes back to $0.25 level then drop it.

oil / gas
TOP PICK
Had a fade back to below the $1 level. Huge rally and then a new high. This is the sort of thing you want to see. H would take profits around a $1.50 or get our below $1.
oil / gas
COMMENT
This is a stock that you can trade fairly well because the targets they are drilling are fairly large and every time they are about to announce the results of their drilling, the stock has a tendency to move up. They haven't hit any other targets and that is why the stock has moved down a few times.
oil / gas
Showing 1 to 12 of 12 entries
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Madalena Ventures(MVN-X) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Madalena Ventures is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Madalena Ventures(MVN-X) Frequently Asked Questions

What is Madalena Ventures stock symbol?

Madalena Ventures is a Canadian stock, trading under the symbol MVN-X on the TSX Venture Exchange (MVN-CV). It is usually referred to as TSXV:MVN or MVN-X

Is Madalena Ventures a buy or a sell?

In the last year, there was no coverage of Madalena Ventures published on Stockchase.

Is Madalena Ventures a good investment or a top pick?

Madalena Ventures was recommended as a Top Pick by on . Read the latest stock experts ratings for Madalena Ventures.

Why is Madalena Ventures stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Madalena Ventures worth watching?

In the last year, there was no coverage of Madalena Ventures published on Stockchase.

What is Madalena Ventures stock price?

On 2019-10-29, Madalena Ventures (MVN-X) stock closed at a price of $0.08.