Mart Resources Inc MAUXF

RE: From the other board by Crucible401

[joelou]

Curcible401 has always made smart, well thought out posts in the past and Mike2 thank you for posting his comments here ... however, let me add my 2cents to the equation:

1... if we are talking about future shareprice, one has to consider the Marginal Field Asset Allocation which no one has mentioned ... thus, throw this into the mix and this should further add value to mart.   Mart has always had strong ties to the Nigerian Gov't and from what i hear they are going to be rewarded with a couple of excellent assests...time will tell. 

2..  As for the deeper zones.... there are 4 zones that are going to be looked at via umu6 ... remember these zones have been looked at back in 1974  but never produced as they (shell) decided to produce from zone 12ab at which the have been tested to flow at 6700 bpd ... ok... now mart lays down a drill pad, puts all this money in building a full time operational camp on site, CPF facilities (up to 25 bpd), and pretty much laid down piping to accept oil from all three drill sites ... so, with all this being said, i feel that management is pretty confident in rampping up production....bottom line =  i think people are underestimating what these lower zones are going to produce... Mart can very easily increase production 3-4 fold and in a very short time!!

cheers....joelou