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Bullboard - Stock Discussion Forum MITRA ENERGY INC V.MTE

"Mitra Energy Inc is engaged in the exploration and development of oil and gas resources in Southeast Asia. The Company has a portfolio of exploration assets and discoveries within the Philippines, Vietnam and Indonesia."

TSXV:MTE - Post Discussion

MITRA ENERGY INC > Be confident
View:
Post by hector65 on Jul 23, 2016 5:17pm

Be confident

The natural gas is going to replace the coal for the electricity production, and the demand should increase especially in asia. The changes in energy take time, be patient.

https://www.energyandcapital.com/articles/natural-gas-price-forecast-2017/5533

Good investment.
Comment by calypsocrime on Jul 23, 2016 6:45pm
This post has been removed in accordance with Community Policy
Comment by cochrane29 on Jul 23, 2016 7:16pm
 Is there a rule in the market on a time frame a public company can be halted pending news?
Comment by Empire82 on Jul 24, 2016 12:48am
Apparantly these guys were halted for a week when they did the merger of PTL to create MTE. I just figure the longer this is halted for the more significant the news will be.
Comment by calypsocrime on Jul 24, 2016 3:08am
This post has been removed in accordance with Community Policy
Comment by hector65 on Jul 24, 2016 4:00am
I bought shares in february with an investment term at 5 years, so I don't expect to sell anything before 2020. I may be wrong, but I feel that share price is going skyrocked during second half 2017 (balancing of the supply and demand for oil) Furthermore, the institutionals, who own share as wel (~ 70 %), would not be placed if they guessed they could lost their money. Nevertheless, I ...more  
Comment by mike49 on Jul 24, 2016 12:53pm
I started about the same time as you but added more after the management change,albeit with a different horizon (3 years).these plays can be as much political as monentary and an extended halt may mean that mngt/backers want no leaks or rumours. I made good coin in vle over a 3 year period but missed the last 40 cent bump to the high but then again,didn't get hit with the crash there now. With ...more  
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