Interesting Lundin CommentsAs I do more DD on this stock I find it more and more interesting.
Brien Lundin, in the July, 2011, edition of the Gold Newsletter, says buyMira Resources Corp., recently 30 cents. This is the first time he hasrecommended the stock. Earlier this year, Mira acquired 54 per cent of the TomShot Bank oil project in Nigeria. Tom Shot Bank has a proven reserve of 8.7million barrels of oil, and it has the potential to be holding more than 100million barrels. Once the company starts production at Tom Shot Bank, it expectsto receive more than $200-million from the project over six years. CurrentlyMira is encouraging its warrantholders to soon exercise their 66.7 millionwarrants at 40 cents, so it can raise money for developing the project. As well,the company plans to acquire more projects in Nigeria. Mr. Lundin acknowledgesMira is different from his usual stock recommendations. For one thing, the TomShot Bank project is in the advanced stages of development. As well, Mira hasnearly $100-million in working capital. The newsletter editor explains$100-million is not too high for a company with Mira's prospects. He recommendsbuying the stock, which he calls a "slam dunk," and being one of the earlyshareholders who will profit from potentially "explosiveresults."