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Mira Resources Corp V.MRP



TSXV:MRP - Post by User

Comment by dowdon Dec 05, 2011 10:27am
428 Views
Post# 19291812

RE: RE: RE: News... completion/revenue

RE: RE: RE: News... completion/revenue Public_Heel: I don't see how they can raise $50 million or the money just to complete it. The test results looked very iffy to my untrained eye. Dis the production start out at 500 bbls/d and enup at 70 thus averaging 280 bbls/d? And issuing 500 million more shares (plus 250 million warrants too?) seems a bit crazy. Don't forgt management would get 50 million new shares too. There would be like 700 million shares out. Sounds silly. Just sell the company makes sense to me.
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