Madalena Ventures

MVN-X

Analysis and Opinions about MVN-X

Signal
Opinion
Expert
SPECULATIVE BUY
SPECULATIVE BUY
February 10, 2016

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.

Madalena Ventures (MVN-X)
February 10, 2016

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.

Swanzy Quarshie
Portfolio Manager, Sentry Investments
Price
$0.270
Owned
No
BUY
BUY
October 7, 2015

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.

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.

Bill Bonner
President & Portfolio Manager, Brickburn Asset Management Inc
Price
$0.335
Owned
Yes
HOLD
HOLD
May 27, 2015

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.

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.

Bill Bonner
President & Portfolio Manager, Brickburn Asset Management Inc
Price
$0.415
Owned
Yes
PAST TOP PICK
PAST TOP PICK
January 7, 2015

(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.

(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.

Bill Bonner
President & Portfolio Manager, Brickburn Asset Management Inc
Price
$0.250
Owned
Yes
COMMENT
COMMENT
June 25, 2014

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.

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.

Martin Davies
Portfolio Manager, Brickburn Asset Management
Price
$0.500
Owned
Yes
TOP PICK
TOP PICK
February 12, 2014

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.

Madalena Ventures (MVN-X)
February 12, 2014

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.

Bill Bonner
President & Portfolio Manager, Brickburn Asset Management Inc
Price
$0.660
Owned
Yes
PAST TOP PICK
PAST TOP PICK
February 3, 2014

(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.

Madalena Ventures (MVN-X)
February 3, 2014

(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.

Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
Price
$0.620
Owned
Yes
BUY
BUY
October 23, 2013

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.

Madalena Ventures (MVN-X)
October 23, 2013

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.

Bill Bonner
President & Portfolio Manager, Brickburn Asset Management Inc
Price
$0.550
Owned
No
COMMENT
COMMENT
December 27, 2012

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.

Madalena Ventures (MVN-X)
December 27, 2012

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.

Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$0.360
Owned
No
TOP PICK
TOP PICK
December 21, 2012

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

Madalena Ventures (MVN-X)
December 21, 2012

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

Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
Price
$0.325
Owned
Yes
TOP PICK
TOP PICK
January 26, 2012
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.
Madalena Ventures (MVN-X)
January 26, 2012
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.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
Price
$1.130
Owned
Yes
COMMENT
COMMENT
December 29, 2011
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.
Madalena Ventures (MVN-X)
December 29, 2011
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.
Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$0.910
Owned
No
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