Mapan Energy Ltd. V.MPG

This play looks great.

[Natgasbull1]

Got in today after looking at comparable gas plays. At 7,000 BOED this thing is about as undervalued as you can get.

[TyJac1]

Could u throw some figures of expected revenue based on 7000 BOED.

[Natgasbull1]

Instead of revenue take a look at any other Nat gas plays to get a good comparison. Contact (CEX) has a similar market cap but only produces 500 BOED and Traverse (TVL) is also similar with 700 BOED. We are producing 10 times as much with lots of upside and an infrastructure that can handle 5 times present production. To get a better idea of where we should be valued you have to leave the Venture

[Natgasbull1]

Check out AAV with a $1 billion market cap. They are producing 20,000 BOED.  This stock should not be trading at $1.50 but lucky for me.

[TyJac1]

Judging by the chart, natural gas price is set for an upward trends, but $8 might be too optimistic. What price do you reckon this should be trading at at present?

[Nodlonian]

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[TyJac1]

They been doing this this past week, generating volume.

[Nodlonian]

This post has been removed in accordance with Community Policy

[Natgasbull1]

TVL is trading at $1.07 with the same amount of shares the big difference is we are producing 10 times what they are. If this was traing at $4 it would still seem cheap compared with a lot of other plays out there. MPG is so cheap because the market hasn't digested what we really have here. This play is very new but unlike a lot of other juniors we will be making big money coming right out of

[Nodlonian]

This post has been removed in accordance with Community Policy

[Natgasbull1]

I only say "We" because I own a small piece of this company now. Funny thing is I own it cheaper than any of the insiders or the institutions. Walls bought in the market at $2.22 a couple weeks back. All the insiders own this thing at $2/share.  It's a gift at this price.