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1st update from Adolfo:
"Following up on our projects!!! We keep moving forward."
https://scontent-ord5-2.xx.fbcdn.net/v/t39.30808-6/352719332_10159463930048366_4719561911529965499_n.jpg?stp=cp6_dst-jpg&_nc_cat=110&ccb=1-7&_nc_sid=8bfeb9&_nc_ohc=l8_yuKW3qMUAX_yKBhK&_nc_ht=scontent-ord5-2.xx&oh=00_AfAYZPey6g46QR9Jf5h0Y2ZTokR3wAP2Qyj7VPC5BnzgMg&oe=648800A4
I really doubt MW drives that POS car, but amusing Photoshop job nonetheless...
Good day here today...
Next stop: Pink current and hopefully more news on MX progress.
GLTA shareholders!
$MRGE
I have seen so many pictures of Ward in different venues I cannot even keep track of them anymore. Send anyone along to me lacking confidence and I will take care of it.
He's spoken at various venues and I know we've posted pics, its just too long ago to spend so much time trying to find them. I should have downloaded any pics locally and organized them, but often they reside on the internet.
There is proof/pic of him on the podium. There is also proof at the conference where Mirage Energy is on the list of companies attending and speaking. Guys, keep posting proof.
oh man please send it over to me I requested it X times and never got it and I paid for that conference!
I have the actual PowerPoint presentation from that conference
I didnt take any pics unfortunately, he gave a presentation about the research of the Brasil Storage field. Also it was in Houston and not San Antonio, my memory is so darned bad its terrible. He took me to The Palm also, its coming back to me. It was the S&P Global Platts 18th Annual Gas Storage Outlook Conference first week of Jan 2020, wow 3.5 years ago. I do have a pic of me and Ward I can send you offline. I pulled in Andyman as well, it was a hoot!
years ago at the nat gas storage conference in san antonio, wow have the years passed.
How did you come to see it?
curtains can be closed for many reasons (appears to be a hotel room), I find that to be irrelevant.
*pokes Charlie Schwab*
Hmm. Old farts still asleep.
Maybe Monday.
Sounds good,
thanks Wil!
Ignore the insignificant..focus on developments in Mexico..Cenagas has now spoken about storage...here's a quote. Something is brewing
During the inauguration of the Consultative Forum of the CENAGAS 2023 Public Consultation, the General Director of the Center highlighted the objectives for prospecting for the supply and storage of natural gas, highlighting the offer for the industrial development of the Interoceanic Corridor.
Because I have seen it. I would expect nothing less from him.
"He drives a really big gas guzzling truck"
How do you know this?
talk to your congressman and senators to change da law then? Become a lobbyist?
Less goooo. He never had the muny he screwed the hard working folks out if. He admitted it. That is a scam, 100%. Yes, he has moral issues. He is 100% pos deadbeat
So you want to get into the morality of bankruptcy law?
come on man
So it was ok to not pay millions and millions to the vendors? Just hoodwink em right?
He has had bankruptcy as you have indeed researched, but he is not a scammer, far far far far far from that.
Michael the bankrupt scammer?
He drives a really big gas guzzling truck that I dont think he would give up for what you have posted. So if he drives, we're going to have a large fuel bill, one that might match the otherwise outrageous last minute flight bills that have amassed over the years. When Mexico calls, you do what they tell you, and, you don't charge them, you amass expenses for years that you pass onto shareholders in the form of private placement, toxic notes, and the like, but eventually they give you the deal. It's called relationships.
Theres many many many sources of information. Your posts seem to indicate similar.
I dont know about the crabs, but there was a volcano eruption 40 mil from Mexico City that jeopardized flights to CDMX due to visibility, luckily Michael was able to make it.
So you get inside info?
I heard the crabs were a problem in Mexico
On a positive point, I am hearing things are going very well for us in Mexico this week. Should we expect less? Sometimes a lot less actually. So take that as a positive, and knock on wood or whatever hard substance worth knocking on.
You couldnt be more correct on that point.
And there is nobody that I know or don't know that will defend that, nobody. Many investors have gotten themselves to get past that or will do so once trading is fully open to all brokerages, and it's maybe even possible that some never get past that regardless of any successes that might come in the future (especially if they managed to sell out of their position before Mirage takes off). I've heard stories of people losing relationships with loved ones over this stock, it seems a bit much, but that's what I have heard, and maybe that is just part of life I don't know.
People can be very emotional about investments. My wife wanted nothing to do with my even mentioning Mirage the last year. Now she asks about the price every couple days. It drives me crazy. No concept of long term investment in penny stock, meanwhile its ok to put all your money in index fund and that its going to make you money in long run - true - but you can lose a huge amount in a couple years which I anticipate is going to happen with this market (my opinion of course)
Being unable to trade this chit is not shareholder friendly. He stiffed lots of shareholders
He sure is not vendor friendly, he stiffed people for millions in Dimmit County and took Bankruptcy
Yes,definitely back in Mexico.. a very shareholder friendly CEO
Cenagas is speaking a lot today about future nat gas projects they are going to be working on..It maybe worth following their feed.. Something is brewing..IMO
Good time to sell while it is up. This chit will tank as it always does
I was hoping for some cheap shares at the open like yesterday but looks like bid is moving up.
Could be days away...
More straight gold bullshit. Mexican media misCONstruction.Joins the endless list of useless Mexican media articles posted here over the years that cumulatively meant nuffin.
Good for chuckles only.
My issue with this is that my understanding is they dont have a much of a source of gas from the southeast, and the whole point of the San Fernando-Cactus line was to reverse direction from south ->north to north->south to bring gas southward. I feel like its a typo.
It kills me, in one hour with Ward we could all get the answers to all of these questions and more without necessarily giving us inside information meanwhile we're stuck reverse engineering everything we read, it's exhausting but if using our mind analytically is preventative for dementia, then we're doing ourselves good
More straight gold bullshit.
Good for chuckles only.
Distribution of natural gas should increase more than 120% through Corredor del Istmo
https://www.eleconomista.com.mx/empresas/Distribucion-de-gas-natural-debera-incrementar-mas-de-120-por-Corredor-del-Istmo-20230607-0140.html
Great interpretation, that makes sense ...natural gas guaranteed by Mirage's project ...WOW
So,it gets there via the cactus line?
Yes, Macod and I were just talking about this. Now that I look at it again, one possible interpretation of it is that it should be split up into two separate sentences as such:
"The natural gas that will supply this project will not be imported, but national, it would come from the southeast of the country."
"Mainly from the Burgos field in Tamaulipas and other fields, the supply will be guaranteed."
This lines up with this quote from an article Macod just posted - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172085014
“Now with the increase in production in the southeast and with the demand, which is part of this exercise that we are doing, well, we have to start looking at other schemes, because it would no longer be enough to store in the pipeline, they will already be required, other support systems to be able to continue guaranteeing the gas supply”, he pointed out.
I think it's saying that the natural gas will be produced in the southeast, but the storage in Tamaulipas will guarantee the supply. "Storage systems are required, because in colloquial terms it is like having a road and not having parking." We would provide the "parking." (I love that quote as well.)
Ward is 67 but I don't see how that matters. We all know he will very likely sell the projects anyway
Can you clarify this quote
"We also cannot invest a lot of money in storage infrastructure, since it would be reflected in a higher tariff, we must do it gradually, otherwise, it would generate a problem," he said
Is the Brasil field not a 2 billion dollar project..Is He inferring Mexico cant invest in it, but an outside entity can? WARD IS IN HIS SEVENTIES .how much time and energy does he have left.. That line left me a bit confused..thanks MM
Wow if that article doesn't say it ALL!
"The natural gas that will supply this project will not be imported, but national, it would come from the southeast of the country, mainly from the Burgos field in Tamaulipas and other fields, the supply will be guaranteed," he said.
From Mirage 10Q:
The Projects which will be initially developed include:
Mirage 1 - Burgos Hub Storage & amp; Gas Pipeline
I think the following is a typo "It would come from the southeast of the country, mainly from the Burgos field in Tamaulipas and other fields," since Tamaulipas is in the Northeast not Southeast
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Moderators Macod pepeoil PennyStockTrader2 MoneyMike1 |
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)
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.
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
(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.
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