Ellixor Financial Investments

Ellixor - investment picks for microcap stocks.

Thursday, August 23, 2007

Mogul Energy International, Inc (MGUY:OTC BB)

Mogul Energy International, Inc symbol MGUY on the Over The Counter Bulliten Board is on the verge of completion of thier first exploration well on their East Wadi Araba Concession located in The Gulf of Suez, Egypt. Should the well be successful the payoff for investors willing to get in now could be huge. The stock is presently at about $0.20 a share. A successful well could spell a very, very large gain. If unseccessful, further exploration of the concession could still reward the buy and hold investor.