Mira Resources Corp V.MRP

Encouraging finish here today.

[nwoboy]

Anonymous pulled the SP back to .31c  from .34c, with 25 seconds to go.  Very tough markets conditions for a NR.  I am hoping the NR's come under better market conditions than these!

[Mlachake]

I am with you on that nwoboy, if they got the news ready, i hope they can hold to atleast a time when the market is on the up, lets say better economic news in US or rising oil price ( falling reserves in US). I never thought I could ever say this kind of a thing so if they let the cat out of the bag today or anytime for that matter, I will still do a happy dance.

[BlindBat_1]

I am with you on that nwoboy, if they got the news ready, i hope they can hold to atleast a time when the market is on the up, lets say better economic news in US or rising oil price ( falling reserves in US). I never thought I could ever say this kind of a thing so if they let the cat out of the bag today or anytime for that matter, I will still do a happy dance. ================ I suggest you

[Mlachake]

I know you mean good, but your advice here is not accurate. As long as they do nothing with the information, remember is handed to them on a sealed envelope and not over the phone, they essentially do not have the information untill they open it, timing of the release day is all up to them and that has been done repeatedly. They cannot however trade in stocks or advice while they do their release.

[investpro2]

MRP corporate presentation page 18 pasted here shows expected 300% increase net to MRP from approx 8M barrels 2C to expected, imo, 32 Million barrels net to MRP. Reserve Update should be very well received by shareholders when confirmed. Question comes to valuation of those 2C reserves: if valuation is $7 per barrel net to MRP of 32M is $224M valuation with approx 210M shares outstanding FD, gives

[stockmyster]

It doesn't make a difference what the market is doing. If they have the reserve report and a buyer at a certain price whatever the market is doing the price will trade around the bid price for the stock. It's what we have all been patiently waiting for.

[BlindBat_1]

I know you mean good, but your advice here is not accurate. As long as they do nothing with the information, remember is handed to them on a sealed envelope and not over the phone, they essentially do not have the information untill they open it, timing of the release day is all up to them and that has been done repeatedly. They cannot however trade in stocks or advice while they do their release.