OTCPK:MAUXF - Post by User
Comment by
stockpeekeron Dec 14, 2011 12:44pm
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Post# 19321658
RE: Update Due
RE: Update DueDue, or perhaps overdue? If information were flowing as it should, we wouldn't be hoping to hold at .70.
Um, don't expect anything quickly from MMT ever, such as an operations update or announcement of a pipeline deal or a dividend or announcement of a deal with Shell, or UMU-9 results or updated proven resources. Nothing happens quickly here.
Indications that something is imminent wear thin when delays tend to drag out.
If Mart gets on the ball, they could move the stock much higher in a hurry, but hurry doesn't work here.
IMHO Wade is in no hurry because his existing options are long-term and he wants to be awarded more cheap options in early 2012.
Could be time for some activist shareholder action if Wade doesn't improve communications.
Where's Carl Icahn when we need him?
Yeah, I'm kidding (somewhat, but not totally).
GLTA,
'peeker