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Mira Resources Corp V.MRP



TSXV:MRP - Post by User

Post by stockmysteron Feb 16, 2012 6:58am
227 Views
Post# 19541479

.40 cents

.40 cents

The big question mark over this company's head after the TSB1 news was how were they going to finance TSB3 and put the wells on production. We have now seen the stock rise from .12 cents to 28 cents. We are right back to where we started when everything hinged on getting to .40 cents where there is a large issue of warrants and options. With the rise of the share price and insiders putting up so much of their own cash everyone must think  that the project isn't an if but a when. I still beleive that those options and warrants will be exercised eventhough they don't need that financing. I have seen much weaker projects result in much higher share prices. I will be conservative and say the share price hits the .30 cent range next week.

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