OTCPK:MAUXF - Post by User
Post by
Obeahmanon Aug 18, 2015 1:38pm
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Post# 24028389
The Reality of........
The Reality of........Folks, the reality of everything taking place is the price of oil. You can pump and produce more oil but that is not going to get you antwhere.
The basic law of economics tells you about supply and demand. I keep saying, the world is producing more oil than the market needs. This is why the price of oil is at what is today. You can dance all you want but the price of oil is here to stay until there is a demand for oil.
Money financiers are not going to finance anything that has to do with oil unless they are looking for profits down the road, however, which financer is going to do that when there are other alternatives for him/her to make money.
Mart is in trouble, if there are any other reasonable offers on the table, they better have a good look at it. Wade is still there as a consultant, maybe he can pull a rabbit out from his hat.(:-)
All the buying and selling now are people who are scared and people wanting to make money.
The last thing to note is that there is oil in the fields there and it is goingto make some people rich.