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I only count 4 fingers since news and Ward is restricted from releasing until any partners/funders give him a thumbs up. Nice buying again today.
Level 2 cleaning UP
Bid
Time
MMid
Size
Price
02-27 09:30 NITE 10000 0.031
02-27 09:30 CFGN 10000 0.031
02-27 09:51 ETRF 10000 0.0302
02-27 09:30 CDEL 116033 0.03
02-27 09:30 CSTI 30000 0.028
02-27 06:17 PAUL 10000 0.01
02-27 08:27 BMIC 10000 0.01
02-27 08:54 ALPS 10000 0.01
02-27 09:30 CANT 200000 0.01
02-27 08:15 OTCX U
02-27 07:35 MAXM U
02-27 09:30 DBOX U
Ask
Price
Size
MMid
Time
0.0325 80000 CDEL 02-27 09:30
0.04 52570 CSTI 02-27 09:30
0.0425 10000 CFGN 02-27 09:30
0.0434 10000 PAUL 02-27 06:17
0.0444 36000 NITE 02-27 09:30
0.058 10500 ETRF 02-27 09:51
0.08 10000 ALPS 02-27 08:54
0.283 2500 BMIC 02-27 08:27
0.2965 2500 CANT 02-27 09:30
200.00 1
JSJ had some left from Jan.2018 as articulated from previous posts from Penny .With strong support and volume this too shall pass.
True words Mr. Macod. Sure is good support coming thru. I firmly believe [IMHO of course] that we will never see another note hit the tape after this ones finished.
cheers
a 500k plus order comes and goes, or perhaps gets hidden when trumped.
cheers
sorry squid don't have ihub private message.
It's all a function of their conversion rate which is as clear
as mud when the word average gets deciphered. I'm thnking at the very most it could be 5 mil BUT could be 1 mil. Also will they chose to keep a few for later. Big news and a few 20 mil share days and it won't matter.
Convertible debenture, unsecured, interest bearing at 12% per annum, issued August 6, 2018 in the amount of $35,000 with fees of $3,000, cash proceeds of $32,000, convertible at February 2, 2019 with conversion price at a discount rate of 49% of market price which is the AVERAGE of the lowest trading price during the twenty trading day period ending on the latest complete trading day prior to the conversion date, maturity date of May 30, 2019. As of October 31, 2018, there was a principal balance of $35,000. This note becomes convertible on February 2, 2019
too much info..lol
It definitely has been a note, we are on day 6 for that and hopefully close to done on that. I was referring to todays sellers
as there was retail in the mix and that 149K order you were referring to was retail.
cheers
no those aren't note shares..There has been some retail selling today as evidenced thru ETRADE and CSTI.. CDEL is the note holder who did some selling earlier..That BMIC showing up today is the big question with a hidden order. They haven't shown there face at all over this last year. At one time they were "rumoured" as a short. any thoughts on BMIC
cheers
The one very big variable that no one can determine is whether or not they chose to sell all their shares. It's plausible they keep some for larger profits down the road. News could/would certainly change all perspectives. I'm feeling were Daze away.
cheers
Yes and that last print of 751 ttrade was also theirs. Notice it happened before end of day which is typical for Fridays as I mentioned in an earlier post. They are done for the day. It's TGIF day.
Correct on yur going to make a bunch of money, but incorrect on no notes today.
They have just backed off and are content so far with filling bids..I know a few friends where hitting the ask and immediately filled lower. Must have some sell program in place cause nobody can type that fast. lol
cheers
They were hitting a few bids earlier. Watching different notes hit over this last year has shown that after going hard for a few days they seem to back off. Even disappear for a day or two. Fridays they always leave early and that after hour print we have seen the last 2 days generally shows before end of day. We shall see.
cheers
I was watching close to see how many CFGN has for a support bid at .04 earlier and it wasn't much, not sure that theory is working so well.
cheers
IMHO I would say it's a very likely scenario that I've been considering for awhile. In todays selling I think these guy were trying to take it lower as a lot of shares hit in a short period of time but it was met with some strong buying. Not saying the low is in but.... We are close to 2 mil for the day and likely we will see a sizeable after hours print.. could be a 3 mil vol. day when all said and done.
cheers
The "jerk offs" were likely the lenders wanting a low print which will increase the numbers of shares they get. These guys are pros, it's what they do. The determining factor on the low for these notes will be directly related to how much support comes in. This to shall pass.
Time
X
Price
Chg
Vol
16:01:54 Q 0.0422 -0.0108 465,945
15:58:56 Q 0.0416 -0.0114 45,000
15:46:55 Q 0.045 -0.008 1,200
15:46:54 Q 0.045 -0.008 25,000
15:46:51 Q 0.045 -0.008 18,800
15:46:51 Q 0.045 -0.008 10,000
15:46:51 Q 0.045 -0.008 25,000
15:38:49 Q 0.041 -0.012 22,000
14:55:17 Q 0.045 -0.008 15,000
14:55:17 Q 0.045 -0.008 40,000
Sounds like Mirage is in the perfect market at the perfect time in the perfect place...
Mirage shareholders are in the perfect market at the perfect time
in the perfect place.
cheers
continued..
Adopting natural gas could also benefit Mexico’s future development in another way, by reducing its notoriously high energy costs. Electricity rates in the country are an average of 25 percent higher than those in the United States (or 73 percent if subsidies are discounted). The relatively lower cost of combined cycle natural gas power plants could help bring down energy prices, giving a boost to the Mexican economy.
A 2016 study by the International Monetary Fund predicted that, based on plausible reduction in energy prices brought on by the substitution of fuel oil for natural gas, Mexico’s manufacturing output could increase by up to 3.6 percent, or more if Mexican electricity prices converge to those seen in the U.S.
The impact of natural gas power on Mexican energy prices could already be taking effect. Between 2013 and 2015, the price of electricity fell by approximately 13 percent, from $80 per megawatt-hour to $70. The IEA attribute this change largely to the switch to natural gas for fuel generation.
Curbing an addiction
Opening up Mexico’s natural gas reserves to outside investors could also benefit the economy in a different way.
Mexico’s natural gas production has been decline since 2010, and in that time, the county has become highly dependent on gas imports from the southern United States. Much of this has been substituted for imported natural gas from the southern United States, which now supplies more than 50 percent of Mexico’s gas demand (Bloomberg even went as far as to call Mexico’s dependence on U.S. gas an “addiction”).
These imports are vital to the Mexican economy, and have allowed the country to displace some of its fuel oil power generation for natural gas in recent years. But Mexico’s increasing dependence on U.S. imports is also making the country more vulnerable to supply shortages from across the border. For example, a 2017 study in the journal Energy Economics found that in 2013, natural gas shortages in Mexico caused by disruptions to imports from the U.S. caused an appreciable reduction in the growth of Mexico’s GDP.
By helping Mexico to better tap its own natural gas reserves, the new energy reform has the potential to protect the country from supply intermittencies from the United States — which, given the current diplomatic relations between the two countries at the moment, are far from predictable.
Interesting read ...before the game
Mexico is in the midst of an unprecedented upheaval of its energy sector…
After decades of government monopoly, the country has opened up its energy reserves to private investors, in an attempt to meet its rising power demands, while also advancing an ambitious goal of carbon reduction. Natural gas is at the forefront of both of these aims.
In August 2014, Mexican president Enrique Pena Nieto ratified a sweeping energy reform, which put an end to almost 80 years of government monopoly over the country’s energy market, while also mandating greater energy efficiency and lower emissions. Practically overnight, Mexico’s sizeable hydrocarbon and renewable energy reserves were opened up to private and foreign investors.
In fact, given their scale, Mexico’s energy reforms might more accurately be called a revolution.
Cleaner and leaner
Generating power using natural gas is cheaper, more efficient and less polluting than other fossil-fuel alternatives such as coal or oil, which has historically been the main fuel used in Mexico for power generation.
Mexico has estimated conventional natural gas reserves of around 3 trillion cubic meters, and by offering these up to outside developers, the government hopes to help meet the rising energy needs of its developing economy in an efficient, more environmentally friendly way.
Mexico’s energy reforms include a plan to increase its power generation capacity by 60 percent in fifteen years, from around 68,000 megawatts (where it stood in 2015), to around 109,000 megawatts in 2030. These extra 41,000 megawatts will be met almost entirely by a combination of natural gas combined cycle power plants, and renewable sources. (Alongside the energy reforms, Mexico is also pursuing its 2012 commitment to obtain 35 percent of its energy from non-fossil source by 2024).
The growth of natural gas for power generation will likely come at the expense of oil. In a 2016 report, the International Energy Agency (IEA) predicts that by 2040, the share of oil will fall from 51 percent to 42 percent, while that of natural gas will rise from 32 percent to 38 percent.
This displacement of dirtier oil power generation by natural gas, coupled with the spread of renewables, would allow Mexico to increase its energy output while simultaneously cutting carbon emissions. In the same report, the IEA forecast that by 2040, the joint adoption of natural gas and renewables could allow a 52 percent reduction in the carbon intensity of the Mexican power sector relative to 2014 levels, while also allowing electricity generation to increase by 70 percent.
With Mexico’s ambitious energy reforms in place, the tapping of its gas reserves is already underway. As Eniday reported, auction of Mexican offshore oil and gas parcels — largely located in the Gulf of Mexico — have attracted large investments, with 2016 seeing high bids of $156.4 million, and 2017 top bids of nearly $275 million.
I like this part on Whitehall's home page.....
The professionals at Whitehall have advised clients on and arranged over $125 billion of transaction volume.
excellent post and I love this part..
b/c when it does, it will be just the beginning and not the end.
very true.
looking very strong with sellers holding their shares very tight.
chart looking simply JUICY.
cheers
have you been here awhile or just watchin.
cheers
all buys today and noticeable lack of paper dumpers. chart is unbelievably sweeeeeeet.
yes I think you nailed it. Very likely they have their $$$ back.
Looks like JS just did his thing.
hidden sell order at .045 question is how many?
Looking at the chart, most all indicators now show extremely oversold ( RSI below 30 and slow stochs 8), compared to a month ago when they were extremely over bought with RSI near 90 and slow stochs 80.
Strange sell order hit. Why would anyone in their right mind sell a market order for 300K plus, right down to .0252 when there's lots of buyers in the .035-.040 range. Looks like shorts trying to defend or fat finger move. lol
cheers
You can't see the hidden bids. There's lots above .02 including 1 for 700K... This selling the last 5 days was from a left over note from last year for 30K. Looking at the numbers I'd say they are about done. Nice support boyz.
cheers
Yur dreaming on the short squeeze buddy. You can bet they started covering when this hit the .57 low. After hours when news was released on buy back the was a million volume. Yesterday 10 mil plus. The small short position of 1.2 is long gone.
More important for all shippers is for the trumpster to settle these friggin tariff BS, then watch this move. Price is crazy as the have close to $2 share in cash.
cheers
only 1.2 million short ..likely gone last night and on the open.
there will be no converting on Jan. 6, Q has to be filed first.
It's the rules
NOT NOTE or the .06 bid would of been whacked within the first minute.
What's strange is that it disappeared for a few days and wasn't there yesterday as I bought some .068. Temper mental prik.
Just see a paint down to .06 AGAIN. only one reason for that imho.
I was wondering how long it would take before some one tested the waters to see if the invisible order was still there at .065
thanks to whoevers curiosity took care of things.lol
Last month around Nov. 21-22 it was the same deal for 2-3 sessions where there was an invisible order at .08. It disappeared with about 700K volume.
Only guessing game as to who and why.
Highlights of project.
Attractive up to 1.2 Bcf/day alternative for South Texas-to-Mexico gas transportation
• Reserved capacity being offered only to private commercial shippers
• No need to request capacity releases from CFE, Mex Gas or PMI
• Reliable solution for suppliers seeking to connect US and Mexico operations
• Project connects to major basins, intrastate pipelines and processing facilities
• Eagle Ford and Permian basins via NET Eagle Ford and Gulf Coast Express pipelines
• HPL, Enterprise Texas, Enterprise Intrastate, Kinder Morgan Tejas, Transco, NGPL,
Tennessee and TETCO pipelines
• Gulf Plains, King Ranch, La Gloria, Delmita and Lobo processing facilities
• Favorable US and Mexico macro trends
• Permian Basin production projected to double by 2023
• Scheduled 4Q2019 COD for Gulf Coast Express line connecting Waha and Agua Dulce
• Declining production in Mexico while demand is increasing from power and industrial usage
• Late Stage Development
• NTP targeted in 4-6 months
• Routine intrastate Texas permitting, Presidential Permit and CRE approvals
Mirage Energy Corporation is a US public corporation developing the Concho-Progresso Pipeline.
• The Project is a 250 mile (400 kilometer) cross-border US-Mexico pipeline consisting of:
• US pipeline that will tie into the Agua Dulce Hub and Banquete Header in South Texas
• International US-Mexico crossing under the Rio Grande near Progreso, TX
• Mexico pipeline tying into SISTRANGAS at Station 19 and Los Ramones
• Project provides commercial shippers with significant connectivity and optionality
• Eagle Ford and Permian basins via NET Eagle Ford and Gulf Coast Express pipelines
• HPL, Enterprise Texas, Enterprise Intrastate, Kinder Morgan Tejas, Transco, NGPL,
Tennessee and TETCO pipelines
• Gulf Plains, King Ranch, La Gloria, Delmita and Lobo processing facilities
• Project will provide significant, reliable capacity
• Reserved capacity currently offered exclusively to private commercial shippers
• Private shippers avoid needing capacity releases from Mexico state-owned enterprises
• Planned capacity of 1.2 Bcf/day from a 42-inch diameter bi-directional pipeline before
compression