OTCPK:MAUXF - Post by User
Comment by
CalifDreamingon Feb 25, 2008 8:37pm
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Post# 14541863
RE: Good news. But still not clear.
RE: Good news. But still not clear.It's really not that hard to figure out. Some basic math ought to do it.
Huh? Have you been following these clowns? If they can screw something up, they will. And if Mart produces 7,600 bpd from those wells on a sustainable basis, I will be amazed. I'd be very happy with 5000.
And if it isn't "so hard to figure out", why the H didn't they come out and tell the market and remove all doubt? I'll tell you why. Because they don't want to ever be caught giving specific guidance - they've missed every friggin target they've ever set and rather than ensuring what they do what they say, they simply don't say anything - like the weasels they are.
All I want to know is how much they will produce, when it will occur and what realized prices they expect. Three simply items so we can accurately value the company. It isn't too much to expect is it?
These guys believe in the mushroom treatment. Say, does anyone know what is going on with the two drill rigs? I don't think the second rig has moved off the dock since it arrived. Why? Not enough local demand with $100 bbl oil? (roll eyes here). And why so friggin long to drill the development wells at UMU? They've f'd around for a year - just how long does it take to prepare a drill site? 6 months?
TRMIATWC