OTCPK:MAUXF - Post by User
Post by
StockBlock1on Jan 13, 2011 8:16pm
523 Views
Post# 17969513
Impressive
ImpressiveI have been researching this stock for a few days now and I am pretty impressed, quite resilient, from near death to positive cash flow, management is determined to make this a success. They are aggressively paying off their debt and will soon be debt free with positive cash flow. This last news release of 14k barrels has me shocked as to why it had little effect on the stock price, the way I see it this is a no brainer and should be north of a buck sometime this year. This company has a lot to look forward to this year so I bought in the last couple days. I believe a revised reserve report is in the works ? this should boost the share price. So many positives for this company I couldn't help but enter.
From what I have read this company sets goals and meets those goals, not only that it appears management never gives up! good quality. Anybody see any downside? other then being in Nigeria I would like to hear it