Pat: I am an Inner Circle member and am wondering about the “Canadian” junior oil company Madalena Energy. I put quotes around Canadian because Madalena seems to be active in Argentina only. However, its holdings there look very interesting. I’m looking forward to your evaluation and have profited from your advice for several years. Thanks.

Madalena Energy, $0.32, symbol MVN on Toronto (Shares outstanding: 542.1 million; Market cap: $176.2 million;, is a Canadian oil and gas producer that mainly operates in Argentina, though it also has a presence in Alberta.

Prior to June 2014, the company’s Argentine operations consisted… Read More