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Madalena Energy Is Very Promising, But Needs Financing

August 23rd, 2016 · No Comments

  • Madalena (MVN.V) sits on prime acreage in the middle of Argentinean shale, one of the most promising shale resources in the world.
  • Yet despite a new, more business friendly government in Argentina and energy prices well above world market prices, the shares have declined significantly.
  • The problem is, in one word, financing. But when that gets sorted out the shares have significant upside longer-term.

Madalena Energy Is Very Promising, But Needs Financing

Tags: MVN