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Mart Resources Inc MAUXF

Energy Oil & Gas E&P


OTCPK:MAUXF - Post by User

Mart Resources Inc > UMU10
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Comment by OT0911on May 28, 2013 11:38am
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Post# 21450076

RE: RE: RE: UMU10

RE: RE: RE: UMU10

After Wade's reluctancy to answer the dividend question on the conference call you'd have to bet that there is going to be something significant coming... IMO, he announces that the dividend will be suspended for one or two quarters while we catch up on our pipeline deliveries and invest in building the pipeline. I don't think the market is going to react very well but IMO, long term, it is in the best interests of MMT. As a shareholder, I think it might hurt for the next 6 months however once the tie-in is complete and we are delivering 30K boe/d with $17.5- $35 million less debt all the longs will be smiling.

Pumpers, roast me away...

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