Replies to post #30403 on Mirage Energy Corp (MRGE)

[kaeamrjs]

I agree

[Livefree1776]

Good post Stink, you are not missing anything imo, not much to go on at the moment!

[Worthwalk]

Is it possible that the plan is to only communicate through appointed stooges so that he has plausible deniability? That’s what I think is going on. Let them be the fall guys and he can walk away stating he never promised anyone anything.

[CelNav]

Thanks for sharing, Stink. The other attribute about Brasil that I felt was meaningful is the ability for MX to create their own arbitrage market for Nat Gas. For example, they'd be in a sweet spot right now if they had filled Brasil up a year ago. 2X, 3X, or 4X their asset value in a year - just like Bitcoin! That leverage would also change the negotiation dynamic going forward, whereas the VeraCruz cavern will still leave them in a very vulnerable position. I'm not from the industry so this could be way off-base, but it was part of the thesis for my investment.

[PennyStockTrader2]

defintely good points in there

and with regards to

Also there was something about the ownership of the Brasil feild? Perhaps mexico would not allow a private company operate the facility?

That could be a major concern, but I believe that it has been addressed, it may be related to the energy reforms of 2014, and its details like this that may take time to get all the necessary approvals into place, as Mirage has to cover themselves just like the government has to cover themselves. But I dont think they would be moving forward as announced if these things were not addressed or in the process of being addressed.