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Bullboard - Stock Discussion Forum Mapan Energy Ltd. V.MPG

TSXV:MPG - Post Discussion

Mapan Energy Ltd. > under valued
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Post by SigmaKappa on Aug 09, 2014 11:33am

under valued

Institutions price is 2.00 which is 16.7 cents per share 1 for 12 precost. No way do they capitalize 100+ million and not be expecting to at least make 1 or 2 times their money.
Comment by TyJac1 on Aug 09, 2014 1:30pm
The underwriters/investment institutions are the biggest shareholders in the company, so we have the backing from them. Without their funds, this company wouldn't be incorporated in the first place, to purchase the assets. Large millions+ shares in blocks were placed through yesterday in the last hour, so institutions must be accumulating. Once the business propose their business plan going ...more  
Comment by SigmaKappa on Aug 09, 2014 8:33pm
Anyone have maps of where the purachsed shell assets are located. They have the names but would be nice to see on a map where their real estate resides by. For example how close is the bigstone montney asset to Delphi energy bigstone?
Comment by brandonn on Aug 10, 2014 11:28am
I want to say these assets are 20 KM south of Bigstone East. I think somehow these assets involve minority holder Donnybrook Energy(disclosure: I don't own anymore DEI.V) but cannot confirm. Could also be the Delphi Farm in area???? Hard to say until Mapan releases more details. https://cms.spincaster.com/siteFiles/27/files/DEI_H2_2014_Presentation-28JUL2014.pdf Check Page 4
Comment by SigmaKappa on Aug 11, 2014 8:35am
Once the admin stuff is done (name change, share reverse split, website, etc), it sure will be interesting to hear management communicate their business strategy going forward.
Comment by TyJac1 on Aug 11, 2014 9:38am
does anyone know who pan energy got sold to and at what price?
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