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https://en.wikipedia.org/wiki/Stockholm_syndrome
https://en.wikipedia.org/wiki/Battered_woman_syndrome
https://www.mindbodygreen.com/articles/signs-you-might-be-a-masochist
https://simple.wikipedia.org/wiki/Masochism
https://www.psychologytoday.com/us/blog/personality-quotient/202006/masochism-explained-the-self-sabotaging-personality
You gott prollems, Skeezix.
Wards not answering you, and I'll put it in layman's terms for you ,is duck you.. As for helping CMW do filings,let the scum bag who pocketed a million dollars in salary( a bunch of it yours) pay for it out of his own pocket...Ward is basically saying DUCK YOU to all shareholders and previous supporters...
When there is no source of income, as there is with most OTC companies, yes, we need to fund it through loans/stock private placements.
Right now I am "trading" meaning I would buy in the half penny range and sell at higher prices a penny and above, it also helps keep volume. I believe that we will ultimately do something in Mexico, and hopefully something in the US with oil wells. What else is there to say, right now its somewhat dead. We need to make sure the stock is tradable so we need filings with OTC and theyre very cheap, so we should band together to help the cause.
I guess I fail to see what "stepping up to the plate" means exactly?
It's on shareholders to fund filing reports? And you're still buying this thing?
I have not, but I am willing to do so if my cash position supported it. But many many others have stepped up to the plate, unfortunately that list is probably down to zero. At the same time, not getting a return call is pretty bad, I'm a bit puzzled.
At this point & time leaking & pumping BS would be welcome..
Then perhaps some of us could make a dime back off of the Pennyscammer
Have you paid for filings in the past?
Would answer a lot of questions that we all assume are true...
So let me get this straight...CMW can get a 4 billion dollar loan for a storage project in Mexico and can't secure a loan($875k) for a preexisting and revenue producing oil well.He no longer answers the last dumba$$es who gave him money and we don't know what is going on...HMMMMMM..I'll take the bowl of clam chowder along with a shovel full of bull$hit..Unreal..
You don’t know what’s going on?
Some of us have been trying to tell you but you fail to listen
As soon as old Ward is out of beer money, he will start leaking fake chit to ihub posters. 99% of ihub posters know inside chit. Lol
BTW the only way CW could have published the bullshit 'financial" ad on OTCM last summer was to pay for a one year subscription. After that, all MRGE financial ads are free for a year. No charge. It is still less that a year so CMW could upload the bullshit Qs, which are nott audited, FOR FREE.
You stated in December that CMW said the Q was all done. Since it costs NOTHING to post it on OTCM until the one-year anniversary of the fins posted last May/June, what is CMW's new bullshit excuse, waterboy??
I dont know what the hell is going on. I have tried to contact Ward many many times with no answer. In the meantime focusing on other things, but also some trading of Mirage between .006 and .01 but only getting fills over multiple days. With regards to the oil wells, again, I have no idea why we cant get or dont have the funding as of yet. If anyone is able to get through it would be great to report back here if possible. I think we only needed a few million to get off the ground, and the seller of the wells is friendly, so while maybe we dont have a time crunch, as far as shareholders waiting as long as we have, I call it a crunch. If I can make enough with my other stocks I will be happy to pay for these crappy filings, and others can hopefully chip in as well. Keep the faith !
What does anything have to do with Mirage? I found it very interesting that Mexico can't approve a storage project in their own country which is needed for national security and so are now going to build a storage project project in Texas???
does this have to do with mrge? or just in general?
does this have to do with mrge? or just in general?
Texas Natural Gas Storage Project Part of CFE Push to Solidify Mexico Energy Security — Column
BY EDUARDO PRUD'HOMME
March 5, 2024
https://www.naturalgasintel.com/texas-natural-gas-storage-project-part-of-cfe-push-to-solidify-mexico-energy-security-column/
I am definitely not talking pesos
I see him using neosporin, taking aleive and advil and changing the dressings. The cartels send messages in various ways. They may even have a say in how Mother Nature sends its limbs to people who have done wrong to shareholders..
I hate waiting for the next administration unless it's somehow tied to Reubenstein.
I see CMW pursing more sucker PPer munny ... and of course gin and tequila.
The only thing I see him pursuing is not filing anymore and get delisted again.
Beep beep,honk honk.. You never know with CMW..you never know with Mexico.. we are currently pursuing oil wells in Carizzo springs Texas.. to quote Ward,he is short 850k to get it done..until the change in administration in Mexico,only pennycocktrader knows where we are headed.
any hope on this stock? Used to be fun looking at it move for 500% than back down and up. but now it’s not doing anything
Yea, you’d have to be out of your mind to believe him when he posts that
I am a buyer at these levels.. Never a bigger lie spoken
Or you could do like most here. Hope and pray and listen to a wind bag from Boston
Hey Ibow, who is Mr.Mike? Do you mean CMW? We are now evolving into an oil producer..After all its his blood, his true specialty ..This tid bit is gospel from the largest shareholder..If you have any validity questions follow him... There is one common denominator in all his posts...BUY, and price targets..If you need the symbols let me know..Pump while you dump....PS. You were correct in your prognostications..
Plan your trade, trade your plan.
wow....how old is mr. mike?....thank u mike for 60 cents yrs ago....
Did you see lord Jacob Rothschild passed away? OMD is definitely out of consideration for next round of CMW builds a storage facility..
Mirage doesn’t have any projects.
You could be spot on. But I do believe that Mirage's projects could get some interest from the new administration. The global demand for natural gas is only growing and the Ukraine war will last for years.
U.S. Gas Producers Are Racing to Sell to Asia. And Mexico Is Key.
https://www.nytimes.com/2024/02/13/climate/mexico-natural-gas-biden.html
Interesting, I see nothing positive about these articles for MRGE..Maybe for storage but not Mrge.. What did I miss..thanks
Well well well I guess Pepe Le Pew is up to something. Maybe little mike is gonna fire up the ez bake oven and crank out some baguettes to go with the sizzling steak
French company will create a project to store natural gas in Tamaulipas
It should be noted that Tamaulipas has various plans on the horizon with public and private resources in terms of energy, whose investment until 2024 reaches 20 billion dollars, from oil extraction, management and storage of natural gas, as well as electrification and renewables.
https://www.msn.com/es-mx/noticias/mexico/empresa-de-francia-crear%C3%A1-un-proyecto-para-almacenar-gas-natural-en-tamaulipas/ar-BB1izzYw
Mexico without planning to supply natural gas; 37 pending projects
https://elceo.com/negocios/mexico-sin-planeacion-para-abastecer-de-gas-natural-37-proyectos-pendientes/
Thanks MM. patience will certainly be needed here.. Hopefully Wards dexterity doesn't hold us up.. The cartels seem to be getting their hands in everything in Mexico...
Yea, ATCO could be involved. Silva said “We are working on a plan that will include a public-private association between the CFE, a Canadian company that we can’t name at this time for compliance reasons, a Mexican group known as Grupo Fox, and the government of Tamaulipas.”
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171999531
And yes, waiting is all we can do. We should all be experts in that by now.
ATCO a Canadian company deals with nat gas.. Anyway, I will be standing bye for the new administration
CYDSA also mentioned at the bottom here:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173257601
"The problem is that in Mexico there is no consolidated market in the matter in Mexico. Although some companies have raised their hands for this type of project, Rosanety Barrios points out that they do not have any experience in the matter, so they would have to turn to international companies.
For example, Cydsa, a company from Monterrey, has shown interest in entering the natural gas storage market. Until now the company has developed some projects with Pemex, but for LP gas."
I don't think they would be competition for the Brasil field. They seem to be operating in a different sphere, that being liquefied petroleum gas. Check out this article from earlier this month.
Cydsa Sees Opportunity for Mexican Mont Belvieu
BY ADAM WILLIAMS
February 9, 2024
A glaring weak spot in the Mexico natural gas industry is the country’s lack of storage capacity. The issue is repeatedly discussed and considered a risk to national energy security, as Mexico has less than two days’ worth of storage capacity and is vulnerable to unforeseen weather or geopolitical events.
According to Raul Puente, the Managing Director of Underground Storage for Grupo Cydsa, the Monterrey-based company has identified an opportunity to dramatically increase Mexico’s storage capacity and create the country’s own version of Mont Belvieu, the most important hub for natural gas liquids such as liquefied petroleum gas (LPG) in the United States.
“In the plot of land that we have, where we have the cavern where we store LPG for Pemex TRI since November 2017, we have three caverns that are ready for storage that are developed and have a total of capacity for 8.8 million bbl or, in natural gas terms, 10 Bcf of capacity,” Puente told NGI’s Mexico GPI. “On this same plot of land, we have the possibility to develop up to 10 additional caverns, which would mean 14 total caverns that could store hydrocarbons.”
He added, “The long-term vision we have is to develop a Mont Belvieu, similar to the one outside of Houston.”
Puente has worked as a director at Cydsa since 2015, where he has led the Underground Storage of Hydrocarbons business unit and actively participated in starting the LPG storage commercial operation. He is also a member of the Energy Commission of CAINTRA, which represents industrialists in Nuevo León state, and Vice President of Natural Gas in the National Energy Commission of Mexican employers confederation COPARMEX.
Previously, Puente worked as a director at Aon México and as a risk manager at building materials conglomerate Cemex. He holds a Master’s degree in business administration from the Tecnológico de Monterrey, where he also earned his bachelor’s degree in chemical engineering, and an MBA from the University of Texas in Austin.
Editor’s Note: NGI’s Mexico Gas Price Index, a leading tracker of Mexico’s natural gas market reform, offers the following Q&A column as part of a series of periodic interviews with market experts of natural gas in Mexico. Puente is the 120th expert to participate in the series.
NGI: In a recent energy conference in Monterrey, you spoke about Grupo Cydsa’s role in the energy sector and the company’s natural gas and hydrocarbons storage projects. Can you tell us some about the company and the current projects in the energy industry?
Puente: Grupo Cydsa has five distinct business lines. We have three businesses that are specialized in chemical operations. The first is salt, which is extracted from the earth and where we conduct what is known as solution mining. And that’s what creates the space beneath the ground and the cavity which we later use as a cavern that provides an option for hydrocarbons storage. So, salt — for industrial and consumption purposes — is a main area of our business. Our brand, La Fina, is very visible and well known in Mexico and can be found just about anywhere in the country.
We also have IQUISA, which stands for Industria Quimica del Istmo. In IQUISA, we take the salt and separate the sodium — the Na— from the chlorine — the Cl. We use the sodium to make caustic soda and chlorine, which has multiple applications. IQUISA has five plants throughout the country, three that make the caustic soda and chlorine, and two more that make specialty products that are derived from the caustic soda and chlorine.
In Monterrey, we also have Quimobasicos, a plant of refrigerant gasses for the automotive industry and the residential industry. We produce some of the gasses and source the rest from our partner Honeywell.
In the energy sector, Cydsa has two cogeneration plants, and we generate electricity that is used by IQUISA to do the electrolysis to separate the sodium from the chlorine. The steam that is produced by the cogeneration plants is used in the salt business to evaporate and separate the salt from the water to create the final product. We have a very interesting vertical integration there.
The newest business Grupo Cydsa has in the energy sector is the business of underground storage. The business started with the storage of LPG with a contract that we signed with Pemex and started commercial operation in 2017. The cogeneration plants began in 2014 and 2016, while the other Grupo Cydsa business lines have been around and existed for 79 years.
Our hydrocarbons underground storage business began commercial operation with Pemex TRI in November 2017. We currently have a cavern that stores LP Gas with a total capacity of 1.8 million bbl, which is completely reserved by Pemex TRI. We provide storage of this critical hydrocarbon, and we are a very strategic and relevant link in the logistic value chain that Pemex TRI has, given the company’s issues with fuel theft and other potential operational problems that they might face. The storage cavern is the buffer that allows Pemex TRI to guarantee continuity in the supply of LPG.
NGI: In the Monterrey conference, you mentioned that Grupo Cydsa has long-term hydrocarbon storage plans. Can you tell us about the plans the company has?
Puente: The LPG cavern is located between two municipalities that are located about 10 kilometers south of Coatzacoalcos in the state of Veracruz. On that plot of land, the long-term vision we have is to develop a Mont Belvieu, like the one outside of Houston, TX. This would be done in proportion to the land available and would obviously include the realities of the Mexican market, which is distinct from the U.S.
Mont Belvieu has more than 150 caverns and can store…600 million bbl. It’s a monster of an industrial park for storage of liquids. As previously mentioned, we have three caverns that are ready for storage that are developed and have a total capacity of 8.8 million bbl for liquids or, in natural gas terms, 10 Bcf of capacity. So, that’s more than a day’s worth of storage capacity for the country and could be the first steps Mexico takes towards building operational and strategic underground storage.
We made these three caverns on the heels of the momentum that we had after signing the first contract with Pemex TR,I and we saw an opportunity in the medium term to continue to provide opportunities for storage capacity for hydrocarbons. Given our salt business, we are going to permanently continue to extract salt from the earth and create caverns that would be available for underground storage development.
And, on this same plot of land, we have the possibility to develop up to 10 additional caverns, which would mean 14 total caverns that could store hydrocarbons. We anticipate and are hopeful that there will be continued demand for hydrocarbons storage from the energy sector in the area in the near future.
So, in our vision, we see a significant growth opportunity for the development of hydrocarbon storage in our caverns.
NGI: And of the three available caverns you mentioned that Cydsa has for hydrocarbon storage, how are they being utilized currently?
Puente: You could say they are on standby. They are currently full of brine, and we are maintaining them so that they are active and in adequate conditions to receive hydrocarbons in the near future.
NGI: And is Cydsa looking for a partner or an offer to utilize this storage?
Puente: In simple forms, we’re looking to replicate the first storage project we did with Pemex TRI. The first project is a long-term one, anchored by a government entity. This is the only way that someone is going to be willing to invest in a long-term project. This would be through a take-or-pay contract, regulated, with acceptable profit margins, and that is financed.
So, what are we looking for? We are looking for a potential customer that is willing to anchor a long-term project with a 20- to 30-year contract. With this deal, the contract is the source of the repayment and financing is required because it’s a significant investment. The contract provides the certainty required to repay the financing costs, given that it generates a profit that is acceptable, regulated, and that is approved by the regulator and the client.
We’ve had talks with private companies, but the conditions are different. Let’s take Mont Belvieu for example. In Mont Belvieu, that capacity was developed more than 50 years ago. There’s a waiting list for companies that want to enter and reserve capacity in a cavern to store the hydrocarbon of their choice. There are constantly companies entering and leaving, and one company substitutes for another and assumes the capacity space they had reserved. It’s a very active and very liquid market. But in most cases, a single company almost never occupies the entire space available with their capacity alone, and therefore there are multiple players that occupy a cavern to account for the entire capacity available.
So, the only way for a large-scale hydrocarbons storage project to be developed well is for the anchor customer to be a government related entity, such as CENAGAS, Pemex or CFE. This would be a similar model to how all the natural gas transport infrastructure is being done through anchored contracts currently in Mexico.
https://www.naturalgasintel.com/cydsa-sees-opportunity-for-mexican-mont-belvieu-%EF%BF%BC/
You think these guys are in the mix for nat gas storage..Or does Ward have the competitive edge
https://www.lpgasmagazine.com/new-salt-cavern-storage-in-mexico/
I've taken some ipsi bitsy steps around the message boards.....And as every equity is in its death spiral one trader is always there with a buy recommendation..Its a really sad trend..Attempting to lead traders into a giant puddle of hypochloric acid(aka pool water)...Was that trucking company doing business in NY?
I always knew you were bad at stock picking. But wow! Looks like you lost it all in a trucking company.
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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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