Topic: How To Invest

Hi Pat: Thanks for all the great advice over the years. What do you think of Madalena Ventures?

Article Excerpt

Madalena Ventures, $0.76, symbol MVN on Toronto (Shares outstanding: 189.0 million; Market cap: $143.7 million, www.madalena-ventures.com), is an oil and gas exploration company that is mainly focused on South America, especially Argentina. The company recently raised $26.5 million in a share issue at $0.65 each. Madalena has lots of drilling prospects, and the funds to pursue them. The company’s early drilling has been successful, and it should soon begin production. The stock is okay for highly aggressive investors to hold hold …