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Massive! This is turning comical! Whiskey is flowing!
Massive! Lol. Whiskey is running wild now!
2peas in a pod! Nobody cares what you buy, fwiw! Pump pump pump it up! Whiskey flowing and none for anyone of u. Go read more online write ups!
i pump nothing, pal----so instead of crapping on me so, why not post your own contrary opinion with specifics and data and insider info you might possess. I welcome contrary opinion in all penny stocks i play. No need to include your drinking preference details- i doubt those lend much to your credibility regarding this penny stock.------------------Getting out of the penny arena, cwei with its tiny float should easily make 100- and gpor i bought back when it was 8.00 pps- and i'm still holding. fwiw
Pumping of old articles. Where's the proof? The stock price tells the whole story.
ah ok. that gem.
please do let me know if you see mes discussed and I'll come over.
cheers
here's one that got me interested: Way Bigger than Bakken
Bob Moriarty
President: 321gold
Archives
September 3rd, 2013
Back in April I wrote about Tag Oil drilling a new well on their North Island East Coast Basin project in New Zealand named the Ngapaeuru-1 well. In May, Tag released the results from the hole showing a 155-meter intercept. In early July the COO of Tag, Drew Cadenhead made some comments in a conference call that were quite interesting.
Drew on the East Coast Basin...
"The results of this first well were encouraging, to say the least. In order to keep that over pressuring in check, we took no chances and used extremely heavy mud weights while drilling. Despite that, we went from over 1,000 meters of zero oil and gas shows through the over burden to instantaneous strong shows once we entered our target zone. Those shows continued unabated for 155 meters before they instantly disappeared to absolutely no shows again until TD, and that tells us a couple of things.
Number one, the seal looks to be working as no shows were seen above the zone. The zone itself definitely has hydrocarbons in it, but of course that was expected. We knew these source rocks were working from the quality and quantity of oil and gas seeps in this basin, but probably most important is that there seems to be permeability associated with the zone. That's the only way we would see the shows we did even given the high mud weights we were using.
What I can tell you is, we would definitely be completing this well, probably not for at least three to four months until we get all the data back from the labs and it's all interpreted, but Ngapaeruru-1 was not a red light, it was not an orange light, it is definitely a green light from what we have seen so far."
In 2008, TransOrient (now Tag Oil) completed a report based on eight samples from the Whangai shale on their ground. One of the eight samples showed a porosity of 16.3% but the report concludes it was anomalous. If you take the seven similar samples and average them, they show an average porosity of 26.44. The report was submitted to the NZ government and was kept confidential for a period of five years. It was released to the public only last month.
Porosity is a measure of capacity of rock to absorb oil. The more porous a rock is, the more oil it has potential for. In comparison, the Bakken is between 8% and 12%. The well-known Barnett shale in Texas is a mere 4-5%. While the New Zealand East Coast Basin is far thicker than the Bakken or Barnett, it is deeper and will cost more to drill. The Bakken is 10-50 meters thick, the Barnett 1-40 meters thick and the Whangai 300-600 meters thick.
Marauder sent me a copy of their internal figures. They are not yet 51-101 but they are working on that. Marauder did just finish reprocessing 275 square km of 2D seismic. Their internal numbers indicate an average shale thickness of 125 meters over 57,000 acres. Using a figure of 25% porosity, Marauder's OOIP should be about 13 billion barrels of oil.
AJM Petroleum Consultants did a resource calculation for Tag and they concluded Tag had 12.65 billion barrels OOIP based on only 10% of Tag's holdings in the East Coast Basin so Marauder's numbers are in line with that of Tag.
Based on the purchase by PetroChina paid for EnCana in Western Alberta in December 2012, PetroChina paid $2.2 billion for 50% of the 9 billion barrels OOIP EnCana shows on their website. The EnCana numbers are based on a proven play. The New Zealand East Coast Basin is still unproven. Tag's analyst, Casimir Capital states that the exploratory value for $/bbl OOIP can be multiplied by 5.6 once proved.
In simple terms, that means Marauder's 13 billion barrels OOIP "COULD" be worth $1.15 billion in the exploration phase and $6.5 billion unrisked once proved.
At today's market prices, Tag is worth some $267 million but it has production and there is no obvious value given to their North Island East Coast basin projects. They have $10 billion dollar potential should the East Coast Basin shale become popular. Marauder has a tiny $4.3 million dollar market cap and great potential for higher values as Tag advances their projects.
I own Marauder and they are an advertiser. I am biased. I encourage readers to do their own due diligence. Pay attention to what Tag reports. Marauder's ground in right in between that of Tag in the East Coast Basin. A hit by Tag is a hit for Marauder.
Marauder Resources East Coast
MES-V $.05 (Aug 30, 2013)
MESNF-OTCBB
97.1 million shares
Marauder Resources website
hi MrDec,
I was able to find many posts on mesnf. let me know when it is next discussed and i'll come in for a look.
mcb
bry board on iv (investor village)- a board dedicated strictly to oil and gas information, data and oil field geologists and workers and stock owners. Some fairly famous folks frequent it- the info is so real- and riff-raff is not allowed. I read it daily for the robry model regarding demand and supply. Robry is right more often than our own govt is with his stats- he's also many-times more accurate than cnbc and bloomberg with his projections. If you are serious about the oil/gas sector, it's a must read- a learning experience surely worthwhile. I'm not plugging investorvillage- just THAT board. IV is too rabidly political on most of its other boards. BRY has no politics whatsoever. "Pedriven" was one poster there i think mentioned MESNF first- but i'm not sure. Others chimes in with what they knew. FWIW
sorry which board mate?
MESNF has enjoyed some posts on one of the most "expert-driven" message boards for oil and gas a week or so ago- and for ANY oil/gassy penny stock to be discussed there is noteworthy. Apparently, mesnf is indeed in a sweet spot assets-wise and a few folks over at the bry iv board shared what they knew and what they were speculating about mesnf. I may add if it breaks .10- and again if it breaks .15. FWIW-------and GLTA
Proof is coming. Watch! The stock price tells you all that u need to know!
yup so you say.
Proof is coming. Watch! The stock price tells you all that u need to know!
yup so you say.
I hear you, and take it in stride. Thanks.
bigone - part this game is know who is worth listening to and know just spouts rubbish. enough said.
Richard,
I sincerely hope that you are wrong, and that the stock price doubles, triples, goes off to the moon on future good news.
Yes, I am an optimist. I have lost money before. The small amount that I have read about this company has me still interested and hopeful.
Your comments, if based on fact, or qualified as your opinion, are appreciated by me , and I am sure others.
I am not much for whiskey, but is there any beer available?
Bigone
I think that all of us would like to know, as probably most of us here are investors with skin in the game.
Proof is coming. Watch! The stock price tells you all that u need to know! Massive. Whiskey flowing!
lol, this should be good. let's see what he knows.
R S,
Your constant references to sludge is disturbing? Do you have valid proof?
Thanks for your candor.
Bigone
There will be more! Watch and see, sludge isn't to great! Massive. You want some whiskey big one,eh?
We will gladly take some of those, if so.
congrats. one seller today sold off 200k. let's see if there is more to sell tomorrow.
Finally got a few shares today. Still interested in more.
That would be a very good buy. Drinks all around....
Good to know. Thank you.
2 cents. And that's being nice! Whiskey time.
from what i can see on the tsx there's
104k at 7 cents
166k at 6.5 cents.
might happen. we'll see.
I just put in a bid for a few shares at a price lower than Monday's close. We shall see.
Thanks McBeanburger.
I think that we will be purchasing a few shares in the next couple of weeks.
if you go to stockhouse i posed a chart there. one could say anywhere under the blue support line which is now resistance.
however I would put my bids at 7 and 7.5. or wait for the break of 8.5.
depends how long you want to hold. if my chart view is correct then there is a cup and handle in play - a break of 8.5 (or maybe 8) would validate the formation and should rise quickly to new yearly highs. meanwhile it can hold under 8 for some time and maybe never break.
at least the above is what i'm telling the people i know.
At what price do you think would be an appropriate entry point?
I have done that, and will continue to do so. Thanks again.
that whiskey is rotting your brain.
NZ gov took from it tag and gave it to mes. tag didn't want to release it.
Why give away a concession,if it's so good? Look at Tag big one, if you like them then buy them! TAG hasn't done much either. Sludge is risky. Whiskey is flowing and I like it!
rather then listen to us i suggest you look at TAG Oil resource estimates and see how much comes from the NZ East coast.
mes got their concession from TAG.
enough said.
I hear you Richard. I would like to learn more. No hurry on my part.
Big one. Ask this. If this were so massive, why is the stock at 7 cents,eh? Why do u need an online write up to pump and spew nonsense? Sludge it is, and time will prove me right again! Whiskey is flowing!
welcome bigone.
no drilling yet, mes need to sort out their finances and set out a plan.
no point asking richard he doesn't own this stock he post here because I do.
you need follow TAG as they are in the lead position regarding East Coast drilling and analysis.
as for moriarty - yes the potential is there but much to be proven and this is why this stock is at 8 cents. good time to buy imo as the chart suggest a cup and handle breakout might come (break over 8 cents will do it)
I am new here. Not much for alcohol, but would like to know if this stock has anything close to the potential that I have read about from Bob Moriarty?
Have they been getting drill results of sludge?
More keeps coming out,eh! I wonder why? Whiskey time
More of the same here. More stock comes out, the pumpers come out and pump it up. Pump pump pump.. Whiskey is flowing. Who wants some oban?
Pump pump pump it up! Whiskey time
you're the joke here rs - a sad alcoholic one.
Beanbag pump more on all the boards. Up a massive amount on volume as well. What a joke. Tell bubby hi for us all,eh! Whiskey time!
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