imo
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It also says "site location", not "proposed site location", that's a big positive IMO. Businessman are literal with their words.
MMEX
Brutal day for MMEX, stay strong longs. It's coming...
plus Texas Pacifico, mentioned in the 8K from 4/4, is a subsidiary of FerroMex, the largest railroad in Mexico.
In Mexico, they just deregulated foreign energy imports, mainly because of the shortage. They currently ship most it from Gulf coast refineries. HUGE market in Mexico.
Over the last several years FerroMex has invested millions in RR upgrades in TX, rail yards, rails, new engines and cars, and is rebuilding the bridge on the boarder near the town Presido, partly paid for by TxDOT. promoted by TX senators, see link. TX Gov helped pay!
btw TxDOT actually owns the rail line to the border, Texas Pacifico(ferromex) leases it from TX.
You see, they know the market will come back, oil market fluctuation is a normal cycle for them, and they're gearing up for the new boom.
Texas Pacifico is currently still in discussions with MMEX for rail transport, I have no doubt they already have a LOI lined up and pending.
http://www.texaspacifico.com/index.html
http://www.ferromex.com.mx/index-eng.jsp
https://hurd.house.gov/media-center/in-the-news/txdot-funds-new-lanes-presidio-ojinaga-bridge
http://www.bizjournals.com/sanantonio/news/2017/01/04/mexicos-gasolinazo-could-be-an-opportunity.html
one big happy family
MMEX is black gold, no matter how you look at it.
I have just under a million shares.
money coming, New York investment banks on board
"Apr. 18, 2017: Meetings with Investment Banks NYC, Engagement Letter pending"
http://www.mmexresources.com/project_milestones.php
explaining what price/quant fair value is,
seems lots seem to think it's pps, did you get that?
yes, yes it is, check out Exxon...
http://quotes.morningstar.com/stock/analysis-report?t=XNYS:XOM®ion=usa&culture=en-US&productcode=MLE&cur=&nav=no
or Ford...
http://quotes.morningstar.com/stock/analysis-report?&t=XMEX:F®ion=mex&culture=en-US&cur=&e=eyJhbGciOiJSU0EtT0FFUCIsImVuYyI6IkExMjhHQ00ifQ.blewb_oIaEv7l6V6vsyhfJtW4wzDxTWuiGanOxv9SUsb28AijuAVa8oa_YRkdkJOAchG200puqOQVN__MLmWQJ3T_SPkM2dcqMTG-ytcNIa8Cj7dda92MRciwmweOEugiu4OIUv2_0tw7oVQsR1iVPn__C8rexVgCqDyFmjA2eM.dUgrS8W4fOCpjib-.YalvTke5l3W_c3gtPd9IYxN6SscCw4pbpjah524u285oHhiUBNU2dxnPkilRsXzdQZN2tZvgn3_-n6dUnc6oI6OlFIKe1wFNh08lSafqYUurwGlkiHlBdSYyXaLri9HSl8jg2Np-SQ1_S2QXjJl2zXkxvlph8OOSR4AzQ0dItVpMQX0xqUm0MiP0ejFL72e-TA3Z0z20BQHZAu0dGCd65g49waGc8iAgBYqhIDw.KT-szEmSUcs0de64C8ChTg
dissappointed, had to recheck many times! lol
but still undervalued MMEX
.83 is not pps, it's a ratio between current price and estimated fair value.
just DD, Hanks is a genius businessman, the location has it all.
nice
check out this pipeline acquisition, and check out the map, Upton county is that oil field.
http://www.bizjournals.com/sanantonio/news/2017/05/04/nustar-energy-closes-on-1-475-billion-permian.html#i1
nustar hiring, lots of technical and analyst job positions, gearing up IMO
https://nustarenergy.wd1.myworkdayjobs.com/nustarcareers
Navigator's pipelines
http://www.navigatorenergyservices.com/our-work/big-spring-gateway-pipeline
feed stock no prob
this message supposed to go behind the other, john_djr
Go MMEX!
haha
check out NE of that, west of Midkiff, insane oil field, must be five hundred drilling sites, at least.
perhaps it didn't show right, it's NE right on the tracks at the small bend in the tracks, pipeline easement crisscrosses...
was also looking for power lines to see exactly where he shot the video that's on the website
good stuff?
going for $2, which will take monumental patience, I have no doubt this could reach it in a year, especially if they break ground early 2018 as they have been planning for.IMO
No giddyness, just facts, they were mentioned in the Mar 10 8K and, confirmed yesterday, are still in discussions with MMEX for the rail transport.
Just more DD stuff and more confirmation longers will be stinking rich. ha
MMEX
Texas Pacifico RR who's in talks with MMEX for product transport:
http://www.texaspacifico.com/index.html
Their building at 106 South Chadbourne Street, San Angelo, Texas 76903
google street level taken nov 2012 has a for lease sign in front
https://www.google.com/maps/@31.4625708,-100.4365546,3a,62.5y,138.32h,86.67t/data=!3m7!1e1!3m5!1spcfxMnoGneKnWD75WAVSiw!2e0!5s20121101T000000!7i13312!8i6656!6m1!1e1
leased sep 2012
http://www.loopnet.com/Property-Record/106-S-Chadbourne-St-San-Angelo-TX-76903/P987R137w/Sale-Lease/
nice building in a nice part of town
Go MMEX$$
emailed through the contact address on their website, she replied from hers.
their website www.texaspacifico.com
lol
someone said a while back, it's gonna be a bumpy ride, yep
still applies.
IMO just the response in 15min is encouraging, she didn't have to do that.
Pretty sure she's a busy lady especially cause their in the middle of the Permian!
here you go....
me:
XXXXXXXXXXXXXXXXX@gmail.com>
10:08 AM (1 hour ago)
to customerservice
As an MMEX stock holder, I was curious as to whether your company is still in talks and/or have intentions with MMEX to transport refined product from their proposed refinery in Pecos County.
Thank you for your time!
her:
Elizabeth Grindstaff <XXXXXXXXXXtxpf.us>
10:29 AM (45 minutes ago)
to me, Customer
Yes...
Sent from my iPhone
If you can tell me how to screen shot with out email addresses...
Otherwise you'll just have to believe me.
I got a little worried after the RR tracks. Simple response but from the VP of sales and marketing. I so now reason to doubt, another large company on board.
I won't post here email address I'm sure she doesn't need the mail traffic.
me:
"As an MMEX stock holder, I was curious as to whether your company is still in talks and/or have intentions with MMEX to transport refined product from their proposed refinery in Pecos County.
Thank you for your time!"
Here response about 20 min later
Elizabeth Miller Grindstaff <<VP of sales and marketing
Yes...
Sent from my iPhone
IMO this is legit
Just got an email confirmation from Texas Pacifico RR is still in talks with MMEX,
still moving forward!
Says he will use them, doesn't address directly any RR DD, or the pipeline.
Railroads will have to be heavily involved, from what I've seen living in a town with a railroad running through it carrying coal, these tracks will never carry tanker cars, IMO. However, also watching the insane railroad maintenance machinery that ran through every so often, it wouldn't be a difficult upgrade.
If he gets the railroad committed, that will be a big deal just like KPE. IMO
I have no doubt this is real but it may be longer than 2018. Longers gotta be committed. Hardest part to hold is right now IMO.
Don't forget, wealth moves from the impatient to the patient.
Always do your own DD!
On that note, can someone show the type of railroad traffic currently running through here??
http://www.mmexresources.com/project_progress.php
MMEX long here. 750k @ .005
I feel for those who bought at .05
Nice DD!, MMEX is not fooling around. MMEX
Ok so April 30 2016 10k is listed on the MMEX web site but is signed Jan 2017.
Does this mean it was completed in Jan? Hanks catching up? huge
Am I reading that right? epic
http://www.mmexresources.com/investor-relations.php
US Rig count continues to rise. now looking into wheelbarrows to haul my cash out of market
$$$MMEX$$$ long
http://www.zerohedge.com/news/2017-04-28/us-rig-count-rise-continues-crude-production-hits-20-month-highs
same industry
MMEX will jump, Pres Trump today will sign an order to allow more drilling.
I'll be buying more...
I would not doubt for a second it has tax implications. Kinda like using the shell company, start up, tax deduction right? Sounds like he knows exactly what he's doing! $MMEX all the way
That's the best part of the 8K for sure. So, financing is being approved albeit slowly, kinda like a young 20yr old buying a car, high risk interest rate company/individual has no credit history, yea this is going down the right road. all there! $MMEX
ahhh IRS of course, OK, but what is the 'exempt organization' that they are referring to? wouldn't that be a charity?
Good point, and if for some reason it does go under(which will not happen), Maple wouldn't go with it.
If Hanks and Maple have cash why does he need a loan? either way 8K seems good to me, shows progress. Long holder here, curious on the financing strategy.
in @.005 waaay ahead, regardless, If you don't buy shares at any price down here you need your head checked
Longest pump n dump in history
Until the market see's the money it's just gonna float along sideways or on the down trend. People getting scared and dumping. If you're long you're good. If you're a flipper you're crushed, if you're short you're planning parties lol. Brutal to watch. No doubt this is a winner stock, to much good verified DD, but it's gonna take a couple years! Ground work is laid but so many things have to come together first! Bashers are just that, they're just jealous haha.
IMHO
Go MMEX!
Then MMEX should get a garage too.