OTCPK:MAUXF - Post by User
Comment by
turks1on Nov 04, 2008 2:38pm
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RE: UMU-5 and Qua Ibo?
RE: UMU-5 and Qua Ibo?Anyone invested in MMT is probably as ready for good news as you are. I know I am! I really believe that when the selling pressure from the hedge funds lets up and good results from the wells come in the share price will do well. In the meantime I have been scooping up 8 & 9 cent shares.
David sent me an email and mentioned that hedge funds were driving down the stock price and that: Hope this helps a little.
Operations at both the UMU-5 and Qua Ibo well are moving forward. The H2O problem does not seem to have gotten any worse, and remains more a logistical hassle than anything else.
David Halpin