Mira Resources Corp V.MRP

Oil went up how much???

[wagrill]

And this stock stayed at .21. I don't like that.

[investpro2]

I think this stock is a "show me" the results then we rise, not before, imo, afterall until MRP proves it, there are other plays to chase. Hope we see news next week as Cavanaugh spent the week with in Nigeria with Board Chairman and London with RPS. I checked Afren website and found that the average regional acquisition priceof other companies is $5.2 per barrel 2P. Afren claims an

[CalifDreaming]

Investpro, you really take the cake with your oh-so careful parsing of the "facts".     The FACTS are Afren bought all their NIGERIAN reserves for LESS than $ 2 bbl.  What others pay in the "region" (ie other countries with different fiscal regimes/taxes/royalties/security/political situations) has zero importance other than to highlight the fact your claims

[investpro2]

CalifDreaming, why do you think you are the expert and come here to tell us what is right or wrong. I have NEVER claimed MRP should be valued at $10 bbl, another poster did. And disagree with any such valuation. Agree with Afren per barrel acquisition claims that you made, HOWEVER, I note that their claim of $2 bbl is an OVERALL AVERAGE of their acquisition per barrel costs for EITHER 2P OR 2C, ie

[photoman]

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[mazinga]

Let's hope for halt tomo

[photoman]

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[investpro2]

https://www.bloomberg.com/news/2012-07-02/heritage-oil-buys-stake-in-nigerian-field-from-shell-total-1-.html 45% stake in OML 30 near MRP Tom Shot May heat things up

[rubicon]

Close? They're 300 kilometers apart...

[investpro2]

great map, tks

[BenRumson]

Heritage Oil: Analysts cautious of Nigeria deal Mon 4:10 pm by Jamie Ashcroft    Heritage Oil is buying a 45 per cent stake in 30 Nigerian oil fieldsHeritage Oil is buying a 45 per cent stake in 30 Nigerian oil fields     Heritage Oil (LON:HOIL) has a reputation for taking a chance where others dare not. It was one of the first oil firms in post-war Iraq and in

[investpro2]

MRP believes they have of 100 MMBL of potential oil in TSB, from MRP TSB info sheet;https://www.miraresourcescorp.com/i/pdf/FactSheet.pdfNetherland Sewell & Associates ("NSAI") has assigned gross contingent (P50) resources of 8.7 MMBL and 75 BcF of gas to the area around the TSB-1 well. Over and above the currently assigned contingent resources, Mira has exposure to over 110 MMBL

[photoman]

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[mazinga]

The report is imminent. Lol~ you should know by now.

[photoman]

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[investpro2]

Jackpot for us is at least under contingent resources that MRP confirms 2C of the 100 mmbbl in the TSB field.  Recall Califdreaming insistence wrt Afren only paying $2 for reseves/resources, well we will get some amount of oil in 2P, some think approx 30 mmbbl 2P, and MRP believes they have >100 mmbbl overall in TSB....so with an extremely conservative $2 bbl for contingent resources

[photoman]

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