The $10m Deal has not been completed and is showing signs of falling through.
The $10M was also for 100% of production.
Gordon Creek produced 629 mmcf in 2013 and have stopped production while the deal is in progress
Marions Best Effort is 210 mmcf in 2009
At the end of the day the Market Cap is under a million, and the shareholders equity is next to nothing....
Gordon Creek provides a good opportunity to work out what Marion is worth...
MAE Price at posting:
0.6¢ Sentiment: Sell Disclosure: Not Held