I just bought shares in MPO today because of the insanity that hit the canadian exchanges this morning regarding a huge gas find by FOREST OIL right next door to MPO's Quebec lowland gas properties (1.2 million acres). FST a 5 billion US oil company announced they hit so much gas they are selling a third of their present assets in order to develop it.
Neighbors and jv partners were screaming: ATI up 460% 8 million shares volume GMR up 123% 16 million shares volume JNX up 58% 3 million shares volume QEC up 38% 13 million shares volume
I expect mpo to make an announcement regarding this new massive play soon
MPO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held