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Mira Resources Corp > CIBC Playing Games

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Post by stellar8 on Dec 30, 2011 1:45pm

CIBC Playing Games

Just sold 200,000 at .17 and now buying same at .18.???

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Comment by bladerogers on Dec 30, 2011 1:53pm

Correct me if I am wrong, but CIBC is simply the broker of the trades. could vary well be a completely different trader/investor. Got my eyes on this one, but I need some technical confirmation before I pull the trigger. GLTA!

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Comment by kmilne on Dec 30, 2011 2:34pm

SP is going the right direction on heavy volume, however I expect the daytraders are heavy into the action, scalping a penny here and there. Would be nice to close at 0.20 and then consolidate for a bit.

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Comment by manybear on Dec 30, 2011 2:55pm

18c bottom I take that got to love this OIL company GO MRP GO

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Comment by WarrenMuppet on Dec 30, 2011 3:41pm

But why did you sell at 17c? We have oil, 13.5MMbbls NET to Mira (mimimum), and probably much more. Schlumberger modeled that the oil from TSB1 will flow at 2,500bopd. A market cap of just over $24m is crazy cheap. Look at Mart Resources that are operating in the same region. Mart have less oil than Mira and a market cap of over $300m. The Tom Shot Bank field will prove to be a huge asset ...more

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