InvestorsHub Logo

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Live Updating
profile icon
kaeamrjs Free
03/18/24 5:39 PM
profile icon
kaeamrjs Free
03/18/24 5:36 PM
profile icon
kaeamrjs Free
03/18/24 5:27 PM
profile icon
nacho148 Free
03/18/24 4:06 PM
profile icon
IGUESSHEWONT Free
03/18/24 12:27 PM
profile icon
Macod Free
03/18/24 9:48 AM
profile icon
shajandr Free
03/17/24 3:38 PM
profile icon
Fish finder Free
03/17/24 2:12 PM
profile icon
Macod Free
03/15/24 4:18 PM
profile icon
shajandr Free
03/15/24 1:24 PM
profile icon
Worthwalk Free
03/15/24 12:03 PM
profile icon
Macod Free
03/15/24 7:24 AM
profile icon
kaeamrjs Free
03/13/24 12:17 PM
profile icon
IGUESSHEWONT Free
03/13/24 11:54 AM
profile icon
shajandr Free
03/11/24 7:13 PM
profile icon
shajandr Free
03/09/24 10:45 PM
profile icon
Jetfan190 Free
03/09/24 7:40 PM
profile icon
Macod Free
03/09/24 9:56 AM

Mirage Energy Corp (MRGE) RSS Feed

Followers
201
Posters
354
Posts (Today)
11
Posts (Total)
41160
Created
02/11/10
Type
Free
Moderators Macod pepeoil PennyStockTrader2 MoneyMike1



We’re a natural gas storage & international transportation company based in Texas

OTC: MRGE
http://www.mirageenergycorp.com

 

Announced Projects:

1)  CENOTE ENERGY S. de R. L. de C. V. (Subsidiary of Mirage) - Burgos Hub Storage & Natural Gas Pipeline, a US-Mexico development consisting of cross-border transportation and the first underground natural gas storage facility in the country of Mexico. When fully developed, Mirage’s natural gas storage facility will be the largest natural gas storage facility on the North American continent.

2)  WPF MEXICO PIPELINES S. de R. L. de C. V. (Subsidiary of Mirage) - SAN FERNANDO/CACTUS.  42" diameter pipeline interconnected to proposed storage facility with interconnects to Station #19 and Los Ramones all on Mexico's National Pipeline System. Including interconnecting and rehabilitating a existing 48" pipeline running all the way to the Isthmus Corridor thus bringing abundant supply of natural gas to the southern region of Mexico. Approximately 1000 miles.

3)  NORTHERN HEMISPHERE LOGISTICS, S. A. P. I. de C. V. (Co-Ownership with Mirage) - ISTHMUS CORRIDOR. Includes rehabilitating dock facilities at Coatzacoalcos Veracruz on the Gulf of Mexico side with new monobouys. Rehabilitating 30" & 48" lines running from Coatzacoalcos to Salina Cruz Oaxaca, dock and monobouys in the Pacific side, this including the pumping stations along the track and tankage on both side of the Isthmus.

4) MIRAGE ENERGY CORPORATION - Announces it has signed an agreement with ENERGY AGENCY OF THE STATE OF PUEBLA to develop a pipeline infrastructure project to deliver natural gas to the state and various industrial parks with in the state. This includes the delivery of 500 mmbtupd of natural gas thru this pipeline project. Total estimates cost for development of this project is expected to be s $300 million USD.

 

=========  Projected revenues of all projects have been estimated at $1.5 - $2.5 Billion with Net Income ranging from $500 Million to $1+ Billion  ==========
(See chart at the bottom for potential share price scenarios using these estimates)


https://www.otcmarkets.com/stock/MRGE/security

Authorized Shares
900,000,000

Outstanding Shares

516,844,269
11/10/2023

Restricted
288,335,160
11/10/2023

Unrestricted
228,509,109
11/10/2023

 

LATEST PRESS RELEASE ===>         Mirage Signs Joint Development Agreement         <=== LATEST PRESS RELEASE

June 5, 2023
MIRAGE ENERGY CORPORATION AND ITS SUBSIDARIES, ANNOUNCE THE SIGNING OF A BINDING MOU AGREEMENT FOR THE DEVELOPMENT/TRANSPORTATION WITH GRUPO CONSTRUCTOR HERMED, S.A. DE C.V.

MIRAGE ENERGY CORPORATION (OTC PINK: MRGE) and its subsidaries announces it has signed a binding Joint Venture Development Agreement/ Transportation Agreement and off-take agreement. 

This agreement BETWEEN Mirage and Grupo Constructor Hermed, S.A. de C.V. is for the development of three projects Mirage and its subsidaries have been devoting time and money.


* CAMPO BRAZIL NATURAL GAS STORAGE PROJECT
* REHABILITATION OF SAN FERNANDO CACTUS LINE
* REHABILITATION OF DOCKS PIPELINES ON THE ISTHMUS CORRIDOR ALONG WITH MONOBOUYS ON PACIFIC AND ATLANTIC SIDES         

https://www.issuewire.com/mirage-signs-joint-development-agreement-1767893324671411


Follow Adolfo Voorduin on Facebook for latest pictures of progress between Michael Ward CEO and various Mexican entities

https://www.facebook.com/adolfo.voorduin/photos/  <== personal account
https://www.facebook.com/AdolfoVoorduinFrappe/photos  <== public account


Official Mexico Diary/Registry
https://dof.gob.mx


$4 BILLION Financing With Bluebell International, LLC

June 16, 2020
Mirage Energy Corporation and Northern Hemisphere Logistics, Inc. Sign $4 Billion Debt Financing With Bluebell International, LLC for Development of Three Projects Including Pipelines, Natural Gas Storage and Isthmus Corridor Project

Mirage gets 25% ownership in multi-billion dollar projects WITH ZERO DEBT

https://www.globenewswire.com/news-release/2020/06/17/2049382/0/en/Mirage-Energy-Corporation-and-Northern-Hemisphere-Logistics-Inc-Sign-4-Billion-Debt-Financing-With-Bluebell-International-LLC-for-Development-of-Three-Projects-Including-Pipelines-.html


Mirage Energy Corporation Signs Agreement with Northern Hemisphere Logistics, S. A. P. I. de C. V. To Participate in the Development of the Isthmus Corridor Project

March 16, 2020

https://www.otcmarkets.com/stock/MRGE/news/story?e&id=1553878


June 11, 2020
Mirage Energy Corporation Signs Agreement with the Newly Formed Energy Administration of the State of Puebla for Development of Pipelines

https://www.otcmarkets.com/stock/MRGE/news/story?e&id=1623065

 

May 20, 2020
Mirage Energy Corporation/Northern Hemisphere Logistics, S. A. P. I. de C. V. Signs Agreement with Mexico Labor Union "El Sindicato National De Infraestructura" for the Support and Cooperation on Respective Projects for Each Company

https://www.otcmarkets.com/stock/MRGE/news/story?e&id=1607525


October 8, 2019
Mirage Energy Corporation Wholly Owned Subsidiary, WPF Transmission, Inc., Announces the Signing of an Interconnect Agreement With Whistler Pipeline LLC.
https://www.globenewswire.com/news-release/2019/10/08/1926360/0/en/Mirage-Energy-Corporation-Wholly-Owned-Subsidiary-WPF-Transmission-Inc-Announces-the-Signing-of-an-Interconnect-Agreement-With-Whistler-Pipeline-LLC.html

MOU announced with a billion dollar company, (TrailStone NA Asset Holdings, LLC):
https://finance.yahoo.com/news/mirage-energy-enters-mou-reserved-120000683.html

Trailstone is a subsidiary of Riverstone, "Riverstone is an energy and power-focused private investment firm with $38 billion of capital raised":
https://www.riverstonellc.com


Advantages of Isthmus project = Worldwide implications = HUGE $$$ saved


Potential calculations of PPS:

(from board member: PennyStockTrader2)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156268062


The following table is a reference to how one might come up with PPS for Mirage. There are obviously a lot of variables here, but since PPS is often talked about in terms of PE ratio, I thought I would use that as a guide.

I assumed the outstanding count would climb to around 650 million, where 200 mill preferred shares are held by the CEO and not traded, and so I also did a calculation based on 450 million also.

The worst case scenario in the table is 200 mill net earnings and a P/E ratio = 10, yielding a $3 stock. I say worst case in light of P/E ratio where ratios of other midstream pipeline companies.


 


June 24, 2021
https://mexicobusiness.news/energy/news/natural-gas-storage-remains-do-list

US-based Mirage Energy discussed a 786Bcf storage project with MBN last year. With a capacity as large as this, the project would immediately become the largest single natural gas storage facility in North America. “We are not developing this only as a strategic reserve but as a commercial operation of which industrial players can benefit,” said CEO Michael Ward. As of June 2020, funding for the project has been secured. Now, all Mexico’s government would need to do is give it a green light.
 


October 5, 2021
Mirage Energy Corporation Pays Off Debt To Power Up Lending
https://www.accesswire.com/666888/Mirage-Energy-Corporation-Pays-Off-Debt-To-Power-Up-Lending

SAN ANTONIO, TX / ACCESSWIRE / October 5, 2021 / MIRAGE ENERGY CORPORATION (OTC PINK:MRGE) announces it has paid off its debt to Power Up Lending as of October 2, 2021. This should be a stabilizing factor to our stock. Furthermore, Mirage no longer has any overhanging notes to affect our market.
Mirage continues to move forward on our US/MEXICO projects with great success being made on all fronts. We are looking forward to closing on these in the very near future.

Volume:
Day Range:
Last Trade Time:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
MRGE Latest News
  • No Recent News Available for this company!