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They get real tired of newbie stupidity and their knowledgeable posts being disputed by the under educated and lazy. Heck there was one poster here who even disputed that Rubinstein was hired for IR, even though Rubinstein's name was on the last 3 releases and only a phone call away. lol
Mexico has NO DESIRE to go it alone or ability for that matter. Pemex is a complete disaster. They realize their limitations and need outside help and $$$$$.
Mexico has zero ability to bring these projects forward without a massive supply of nat gas. Ward acquired more than adequate supply contracts before any projects proposals were brought forward. That is crucial having supply and was the first requirement. You guys have questions try phoning him.
pizz on the rumour mill and pay attention to the chart. both daily and weekly flipped to the buy side last week and indicators I follow say higher prices ahead. The weekly chart is really a thing of beauty.
cheers
The last 3 news releases came from Rubinstein....Media Contact:
Brian Hyland, 212-805-3055
Bhyland@rubensteinpr.com
ZERO chance on that one. Pemex will be given revenue sharing in exchange for asset transfers. Private funding, which incidentally HAD to be shown before any negotiations. End of story.
The short version is that Mirage wins as we are the only ones capable of supplying that volume of nat. gas required. The pissin match was over who would fund/own/operate all these new power generation plants. AMLO signing off is lighting the candles on the cake for us and 100% indicates that he is in FULL support of these projects.
The daily chart is great, but the weekly chart looks amazing and really supports this upswing, complete with a golden cross today. [couldn't get it to copy/paste]
Mirage has the only viable option to fix Mexico's on going nat gas deficiencies.
There are no other long term solutions. Ward spent years and millions finding that solution. Even the engineering studies were completed 3 years ago. The outages were severely under reported with many industries forced to shut down including the auto makers. The Mexican gov't is under massive pressure from the public, industry and unions to fix the problem. Interesting that the unions understand the fix.
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
The one indicator on the chart I pay attention to hit the zone showing the bottom either yesterday/today likely. We have hit that level 4 times the last year which was followed by a minimum .20 gain over the next 2 weeks without news. With news who knows.
Your 100% wrong on your weather assumption. Try Aero Mexico info.
line. All flights grounded so far today due to weather.
I don't believe our storage was ever off the table, just not on the top of Mexico's must do list. All we have heard/read about from journalists and Mexican intel is all about our Ithmus project and the benefits for the country. Everything has changed due the nat. gas chaos from outages and dramatic price gouging. All articles now coming from Mexico are focusing on storage. Mirage has the only viable solution and is years ahead of anyone else. I expect to see a lot more media/gov't attention to this crisis and storage will be the forefront.
cheers
An example of nat. gas price increases from a mining company I follow. There will be massive pressure from all user groups on Mexican gov't to fix this ongoing problem asap.
Excellon Resources Inc. advises that the impact of the continuing polar vortex in the American southwest is likely to increase operational costs during the first quarter of 2021. The Company's current energy contract is backed by natural gas. Weather conditions in the southwest United States have affected natural gas production and transport, leading to record high natural gas prices since Friday, February 12th, with unit costs increasing from US$3.00 to over US$300 per mmBtu. These temporarily increased prices impact energy costs at the Platosa Mine.
Completely different story and can't even be compared.
Keystone was IMPORTING dirty oil from Canada's tar sands, crossing many states and of minimal value to the US.
Our pipeline is EXPORTING a clean product from one state, with product in ground and capped. With the largest US trade deficit since 2007 announced a few days ago, exporting is kinda a no brainer for easy and much needed revenue.
Much of Mexico's electricity is from coal powered generation. Our gas will be allowing them to switch to a cleaner option, including the building of new plants already in the planning stage by Mexico's dept of Energy. Environmentalists will be on board.
cheers
more bizarre username..wow.. initials wouldn't be OCM would they.
Sounds like jackpot has it figured out. lol
"I suspect this is just wishful thinking on my part, but can anyone tell me what AMLO means by "light oil"? From a few hours ago: "
Not wishful thinking at all. Another big dot in the Mirage Energy Master plan. Pemex was losing big dollars on these lines. Ward goes to them and says give me a 35 year renewable lease and I can turn this around and make you money with no investment dollars required on Pemex's part. The problem was running heavy oil thru lines that could not handle heavy oil. Also they needed a few more
in line compressor/ pump stations and fix a couple of pinch points were line size was reduced. Fill these lines with light oil and everyone makes money now filling the super tankers on the west coast, who can't make it thru the Panama canal. I believe there is also plans to add additional lines for carrying other fuels in the Mexican gov't Isthmus Master plan.
What is also very encouraging is that we are getting regular developments regarding Mirage's multiple projects coming directly from the Mexican gov't. Share price seems to reflect that.
cheers
You say what are people supposed to think? The answer is that those selling, are selling on emotion, not on thinking.
Parabolic runs with any stock always correct. Traders who trade the chart were the first. Then we had the disappointed sellers that had certain timelines for news as evidenced by 2 end of week selloffs due to no news. BTW we are all frustrated in waiting for news, which I believe will be resolved soon enough.
Selling brings in more selling which brings in those gut wrenching emotions of frustration, doubt, anger and fear.
Making any decision in life based on emotion always is the wrong one.
You could feel the fear on the board this weekend due to a couple of articles posted, both of which had little to do with Mirage.
Infrastructure projects in the energy sector are coming out regularly. Last week our multi billion dollar Ithmus project Master plan along with signing was presented.
On the Mirage Energy map that Andy posted there were 6 NEW projects. Each one of these projects is 100% reliant of our 48" 1500 mile San Fernando Cactus line. 3 of these new projects are from the Mexican Ministry of Energy Sener. This is where the think part should kick in. If Sener is presenting new projects relying on our gas, I'd say things are moving along quickly in the right direction for Mirage.
It appears that 16 millions shares were bought from the thinkers over last few sessions. hmmm.
cheers
Who cares about a infrastructure plan that may include roads, rail ports etc.
Did you guys not see the news last week from Mexico of likely our largest cash cow project. The Isthmus Master plan was announced complete with sign off from all the governors etc.
Huge development..HUGE
For those that got the run Forrest run BS this morning and are questioning these projects I suggest digging into the many articles/publications/interviews that are available documenting MRGE projects.. Here's just one.
Mexico Will Access Natural Gas From Texas at No Additional Cost
By Paloma Duran | Thu, 10/22/2020 - 14:19
Mexico will produce cheaper electricity by bringing natural gas from Texas and the great advantage is that it will not spend any money due to an initiative that seeks to rehabilitate the obsolete PEMEX infrastructure.
Rosanety Barrios, energy expert and independent analyst, explained to the goverment that CFE lost US$2.6 billion last year in savings due to the renegotiation of natural gas agreements. Nevertheless, Mexico has the chance to save tens of billions more between 2021 and 2028 if the new access to Waha gas is used correctly. The country could reduce its power subsidies to CFE and transportation and energy costs by implementing functional infrastructure.
In an interview with El Sol de León, Horacio Zárate, President of National Council for Energy and Petrchemistry, said that an agreement had been reached with Mirage Energy Corporation to import natural gas from Texas. The project will need an initial investment of US$4 billion that neither the Mexican nor the US government will provide.
Mirage Energy Corportation will provide the capital and technical equipment to export to Mexico what is considered to be the cheapest natural gas in the world. Zárate said this gas will be used by CFE for the generation of 65 percent of the electricity destined to transportation and industry use.
The project is expected to bring natural gas from Waha, Texas and will travel through the states of Tamaulipas, Veracruz, San Luis Potosi, Guanajuato, Queretaro and Puebla. In addition, there is the possibility of creating a crude and natural gas market in the new Transisthmic project that will go from Salina Cruz to Coatzacoalcos.
Zárate explained to El Sol de León that this project would benefit industrial states in Mexico like Guanajuato. Natural gas imported from Texas will allow to generate cheaper energy and reduce production costs, which could spur investment and employment.
The project will also include the construction of a storage plant in El Brasil, Taumalipas, where natural gas could be saved for longer periods of time. This infrastructure plan will improve the energy industry by changing storage times from three days to six months. In addition, the project will increase the energy supply, which has been under threat by climate change and the COVID-19 pandemic.
According to Zárate, the natural gas project is supervised by the Mexican government and Alfonso Romo, Head of the Presidential Office.
I fully understand and respect your thoughts but we did GET NEWS.
Read Andy's post below and THINK about it. Yes no release from MRGE, which we assumed would come (myself included)but this agreement is massive. We do not understand or are privy to official release schedules as there are many entities involved who decide on that. All I know is Smart money bought 7.2 million shares over the last 4 sessions. Impatient traders, NOT investors sold.
Also some incorrectly assume nothing can be released over the next 2 weeks due to the Mexican holiday. There are a number of possibilities that don't require AMLO pounding his chest and doing the chicken dance.
ANDY's post.
The scope of the Isthmus Program is indeed MASSIVE. It's no wonder this takes a while. Look at the complexity of this agreement JUST SIGNED... only ours deals with the local level (33 municipalities?), state level (At least 5 Mexican states), and Federal. PLUS agreements between the US and MX + the exports that will occur to Central America and East Asia countries!
I really love the momentum with what the Programa Istmo has accomplished over the last 48 hours. Like Macod said, many agreements have been signed and the Ithmus Master Plan presented. Lets indeed see if news comes from Mirage in response over the next few days.
https://www.gob.mx/programaistmo/documentos/comunicado-conjunto-firman-sedatu-y-gobiernos-de-oaxaca-y-veracruz-convenio-para-ordenamiento-territorial-y-planeacion-urbana-en-el-istmo?state=published S..
10 mil. in shares sold on the way down and less than 500k to bring us back....text book case of oversold/sold out. If it hadn't been for the traitor attack we would of likely stayed in the .60 range. Glad the smart money was there these last few days accumulating.
cheers
I don't need to prove anything. How about you call him regarding AMLO. He is in the office all week.
cheers
Hey I thought I was close to respectful, as close as I can get. But your assumption that were here for the same reason is debatable. Lies from posters saying AMLO has zero to do with these deals is beyond ridiculous. Agreed my egg on face comment was likely pushing the rules though.lol oh ya IMHO
cheers
Yur 100% I believe on the big trader repositioning. It's one thing to no longer be a believer, but to start spouting complete lies as in Ward not in Mexico last week and the "100% AMLO has no say on things" etc etc. Sad very Sad..I hope he has lots of Ketchup in the fridge as I'm feeling there is an enormous facial omelette soon headed that way. as always Karma is a Killa.
cheers
post of the day..deserves a sticky
Pink Sheets Level 2 for MRGE
Bid
10-26 10:58 CDEL 7500 0.399
10-26 10:57 CSTI 4400 0.39
10-26 10:58 NITE 10000 0.39
10-26 10:58 PUMA 2500 0.3805
10-26 10:53 GTSM 20000 0.375
10-26 10:57 ETRF 2500 0.36
10-26 09:46 VERT 5000 0.15
10-26 09:27 INTL 10000 0.0001
10-26 07:45 OTCX U
Ask
0.40 11000 GTSM 10-26 10:53
0.40 3030 NITE 10-26 10:58
0.40 25375 CDEL 10-26 10:58
0.4095 2500 PUMA 10-26 10:58
0.41 25000 CSTI 10-26 10:57
0.55 1000 VERT 10-26 09:46
0.60 1000 ETRF 10-26 10:57
U OTCX 10-26 07:45
U INTL 10-26
Of all your fictional conspiracy theories regarding the old boys from Florida this is about the lamest. They were here long before everyone on this board and to think they would be selling this close to Ward inching over the finish line is beyond foolish.
Volatility has definitely increased but it's a direct correlation to the many new eyes following this. After the big name ihub traders showed with 10,000 followers many of which are full time traders who make a living off the 1 minute chart. It's that simple. Life will always be full of complainers, but seriously we were .04 in May and now .29, what's to complain about.
cheers
The old boy southern group is solid holders. 100% not traders and have zero needs for cash. 8 of them hold 8 mil. plus and will wait for MW's lofty price projections down the road or perhaps future buyout. Nice to see solid support today.
cheers
I believe yur both correct on that. Old note holders over stayed their welcome, sold more than they had and are now completely screwed. Just need a pr to completely bury those guys.
A new group of investors [not traders] I spoke with last week bought large including taking out all offers on Friday and plan on continuing. Those small walls Nite is throwing up will be bought quickly, as these guys want shares.
Pink Sheets Level 2 for MRGE
Bid
08-03 10:18 ETRF 125950 0.24
08-03 10:16 PUMA 2500 0.2215
08-03 10:05 GTSM 2500 0.221
08-03 10:17 CSTI 10000 0.22
08-03 10:16 CDEL 10000 0.195
08-03 09:30 OTCX 300000 0.16
08-03 09:57 NITE 76869 0.13
08-03 06:35 VERT 10000 0.05
08-03 06:33 CFGN 10000 0.01
Ask
0.2495 2500 PUMA 08-03 10:16
0.25 5000 NITE 08-03 09:57
0.25 135000 CDEL 08-03 10:16
0.25 50622 ETRF 08-03 10:18
0.2799 2500 GTSM 08-03 10:05
0.284 12000 CSTI 08-03 10:17
0.30 2500 VERT 08-03 06:35
1.01 100 CFGN 08
Pink Sheets Level 2 for MRGE
Bid
08-03 10:18 ETRF 125950 0.24
08-03 10:16 PUMA 2500 0.2215
08-03 10:05 GTSM 2500 0.221
08-03 10:17 CSTI 10000 0.22
08-03 10:16 CDEL 10000 0.195
08-03 09:30 OTCX 300000 0.16
08-03 09:57 NITE 76869 0.13
08-03 06:35 VERT 10000 0.05
08-03 06:33 CFGN 10000 0.01
Ask
0.2495 2500 PUMA 08-03 10:16
0.25 5000 NITE 08-03 09:57
0.25 135000 CDEL 08-03 10:16
0.25 50622 ETRF 08-03 10:18
0.2799 2500 GTSM 08-03 10:05
0.284 12000 CSTI 08-03 10:17
0.30 2500 VERT 08-03 06:35
1.01 100 CFGN 08
you'd better stock up on necessities just in case... beer, beer
and more beer.
cheers
great wisdom.
cheers
Yes it looks like bid whacking has slowed down. it flippin well should as 21 million shares traded since the notes came free trading on July 1 st.. Some chart indicators are screaming in the buy zone from overbought extremes. I'm thinking when notes finished a million share volume day could add .02/day.
cheers
not sure what your referring too as magic shares, but I don't stay clued to this board.. I did see Macod post something about 500k out of sync on this last filing. If your talking consulting shares or something of that nature from back a ways I got no idea
what MW does. My cert definitely was a one time thing.
Likely more than one lender and MM selling as per latest filing. These guys are nasty. When they know that they will be able to convert, they pre sell millions of shares [thru naked shorting]to get the price as low as they can, so when they call to convert they get maximum number of shares on the cheap. They then cover their short with these shares. That's why you rarely see short covering rallies.
Don't know WTF MW was thinking [perhaps star struck] when paying off a few hundred K in loans wasn't as important to him as sealing 9 figure deals. The only good news regarding notes is when these are done there are no more remaining.
cheers
Pink Sheets Level 2 for MRGE
For the moment OTCX has left the building..hmmm
Bid
07/14 11:24 CDEL 8000 0.151
07/14 11:19 CSTI 5000 0.1499
07/14 10:07 CFGN 5000 0.144
07/14 11:24 ETRF 124250 0.14
07/14 11:20 NITE 5000 0.137
07/14 10:40 GTSM 5000 0.1306
07/14 11:24 PUMA 5000 0.111
07/14 08:07 VERT 5000 0.10
07/14 10:59 OTCX U
Ask
0.1547 100100 CDEL 07/14 11:24
0.1599 5000 CSTI 07/14 11:19
0.171 5000 ETRF 07/14 11:24
0.177 5000 PUMA 07/14 11:24
0.18 5000 CFGN 07/14 10:07
0.20 2500 NITE 07/14 11:20
0.209 2500 GTSM 07/14 10:40
0.30 2500 VERT 07/14 08:07
U OTCX 07/14 10:59
agree and so does the chart. We went from extreme overbought to extreme oversold. The one indicator I watch [slow stochs] went from over 90 and is under 10 today, which is the lowest it's ever been. time to turn back up.
Pink Sheets Level 2 for MRGE
YOU tell them JP..OTCX in retreat..
07-13 10:07 ETRF 10000 0.17
07-13 09:31 CFGN 5000 0.162
07-13 10:07 NITE 113000 0.162
07-13 10:07 GTSM 5700 0.16
07-13 10:07 CDEL 100000 0.16
07-13 08:10 PUMA 5000 0.1517
07-13 09:53 CSTI 30000 0.15
07-13 07:11 VERT 5000 0.10
07-13 10:04 OTCX U
0.18 43500 CDEL 07-13 10:07
0.20 2500 PUMA 07-13 08:10
0.20 15000 OTCX 07-13 10:04
0.209 2500 GTSM 07-13 10:07
0.21 2500 CFGN 07-13 09:31
0.21 50000 ETRF 07-13 10:07
0.2144 40900 CSTI 07-13 09:53
0.28 20408 NITE 07-13 10:07
0.30 2500 VERT 07-13