I do not currently own any TGS shares but do have beaucoup shares in MWE. Past MWE management spent a lot of money and made little progress. The replacement management, whom I have met, in my opinion have got the development and production activites back on track and with a tighter reign on expenditures. The new MD does have a good record of success.
There are many similarities between TGS and MWE besides the locations of their operations. Both are undervalued and when the market returns to normal operations when stocks are valued on fundamentals rather than emotions both will be significantly revalued - MWE will be north of $2. Which of the two offers better value I can not say but I think any difference would be marginal.
Given time both stocks will contribute to your well being.
Cheer
R1
TGS Price at posting:
27.0¢ Sentiment: None Disclosure: Not Held
