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Bullboard - Stock Discussion Forum Mira Resources Corp V.MRP

TSXV:MRP - Post Discussion

Mira Resources Corp > Patience
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Post by jdchen on Jul 27, 2012 10:28am

Patience

Not trying to be negative here, but I don't believe the data room will be open by Monday, From the email JM sent me, they need to first determine the recovery rates before they open the data room. As they are very slow with this stuff ie reserves update, I wouldnt count on them being on time lol....

Johnny

(I posted the email previously in another post)

Comment by investpro2 on Jul 27, 2012 10:49am
I have believed the 2 events can happen together: report finished and data room open simultaneously
Comment by photoman on Jul 27, 2012 11:19am
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Comment by photoman on Jul 27, 2012 1:10pm
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Comment by eunice12 on Jul 30, 2012 11:59pm
jd -  Not trying to be negative here, but I don't believe the data room will be open by Monday, From the email JM sent me, they need to first determine the recovery rates before they open the data room. As they are very slow with this stuff ie reserves update" You are the only one on this board with any brains. The rest of them would sell the property with half the data not realizing ...more  
Comment by wagrill on Jul 31, 2012 12:54am
Eunice if he is the only one with brains I guess that makes you an idiot too!
Comment by eunice12 on Jul 31, 2012 3:54am
Soaring like an eagle miles above your gerbil's intellectual reach makes me wonder why you bother picking a fight with me when I made a very simple point that this board is wrong. Did you actually get it and feel angry?
Comment by investpro2 on Jul 31, 2012 7:35am
Opening of the Data Room INCLUDES the completed 51-101 AND recovery rates, imo
Comment by jdchen on Jul 31, 2012 11:18am
Trust me, I'm no genius or anything, just based off their track record though and tendency to over promise under deliver (in terms of dates) There is no chance data room is open. Regardless, I will be waiting patiently, I am not going to sell at the 22 cents.
Comment by photoman on Jul 31, 2012 11:36am
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Comment by investpro2 on Jul 31, 2012 1:06pm
my understanding we will get News released when the data room is open, to say the 51-101 if finished along with the Data Room sale process to formally begin
Comment by jdchen on Jul 31, 2012 1:11pm
Yup I agree with you investpro2, and the 51-101 will not be complete until they can figure out their recovery rates etc.
Comment by photoman on Jul 31, 2012 3:29pm
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Comment by investpro2 on Jul 31, 2012 4:09pm
For clarity:  "certified recoverable resources" not recovery rates:   The conversion of the Discovered Total Petroleum Initially-In-Place to Independently Certified Recoverable Resources is currently being worked by Schlumberger Nigeria Nodal Analyses Group and will be announced when they have completed the revised Economic Model for the proposed Early Production Facility and ...more  
Comment by photoman on Jul 31, 2012 7:27pm
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