Mirage Energy Corp (MRGE)

[MoneyMike1]

Yes sir! I do still have my fingers crossed. I keep going back to how Silva said they have the “technologist.”

https://energiaadebate-com.translate.goog/concluira-tamaulipas-este-ano-estudios-tecnicos-para-almacenamiento-de-gas-en-campo-brasil/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp

When I saw Geostock was involved, that was a bit of a scare at first. But I don’t think the sole technologist would be Geostock since they were brought on in Feb 2024 (https://mexicobusiness.news/energy/news/sedener-tamaulipas-signs-agreement-geostock)
and they intend to be done with the technical aspect and part of the permits by the end of this year.

I’ve looked into it, and from what I see it seems that Geostock’s role tends to be more of a support and assistance type of job. This document lists many projects they’ve been involved in, and they have never been the sole developers on a project - other companies have always been involved.

https://www.geostockgroup.com/wp-content/uploads/2022/07/rapport_annuel_2021.pdf

For example, with their other project in Mexico - the Shalapa LPG storage, they provided assistance for Cydsa.

Look at the bottom paragraph of this article describing the multiple companies involved in this Turkey natural gas storage project.

https://www.hydrocarbons-technology.com/projects/tuz-golu-underground-gas-storage-project/

With a project the size of the Brasil field, I’d imagine there would similarly be enough room for multiple groups, organizations, and companies to be involved.

As of June they were in "the stage of basic engineering development and permit management before federal instances."

https://www-elsoldetampico-com-mx.translate.goog/local/regional/cenagas-impulsa-tres-proyectos-de-gas-en-tamaulipas-con-inversion-de-2-mil-500-millones-de-pesos-12129650.html?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp

I believe they’re just creating some basic diagrams and specs, as well as working with the appropriate Mexican governmental organizations to work toward granting permits. Look at the “basic design” section of the Geostock website https://www.geostockgroup.com/expertises/ingenierie/#les-reconnaissances-complementaires

So I still have hope.

Or maybe it is a big scam. Guess we’ll see 🙂