OTCPK:MAUXF - Post by User
Comment by
stockpeekeron Oct 18, 2011 9:54am
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Post# 19158615
RE: RE:Anyone think there will be news this week?
RE: RE:Anyone think there will be news this week?NEWS? What news? I doubt that completion of an AGIP deal will make the stock do anything at this point. The company has been sending out rumors that they will eventually increase production via AGIP pipeline for OVER 3 MONTHS now. Business in Nigeria appears to be riskier than shareholders would have ever believed. All this oil behind the pipe and the company puts out caveats like "... cannot assure that a deal with AGIP will be completed or that Mart can increase production substantially ..." or whatever that last news release included in the fine print.
I'm pretty tired of the waiting. It's time for Wade and his buddies in Nigeria to open the spigots and get things moving down the pipe. I hate seeing this stock manipulated on hints of good news at some indeterminate time in the future.
Yep, I'm having a bad day.
'peeker