OTCPK:MAUXF - Post by User
Comment by
joelouon May 01, 2010 10:24am
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Post# 17051967
RE: The battle of the warrants
RE: The battle of the warrantsnot sure.... RAB capital pretty much imploded with the global meltdown ....personally i don't think so ....and why should they as they destroyed the stock price last year ...Mart and co. are not dumb, and nothing would piss them off more than have these guys profit from their recent success... joelou
ps... i do believe we see continued firmness in the stock price ... slow and steady always wins the race ... the chart on mart is text book .... 2009 financials are history, really didn't say too much too get excited (however nice to see they cut their debt in half), however, 2010 is a totally different story with oil prices firming up ... they got 74.54US in Q409 and sitting on 10MM cash at dec. 31/09... Q1/10 is going to trump the lastest Q4 numbers .... my guess is that the trades payable is pretty much gone and cash reserves up .... also, expect to see a better reserve report this quarter ... Q1 results are due end of May and should further push this stock higher ... like a said before -- this is going to be one of those turn around stories of the year!!!