OTCPK:MAUXF - Post by User
Comment by
jmcoilon Jun 04, 2012 12:08pm
382 Views
Post# 19977666
RE: RE: .90 now
RE: RE: .90 now I hope these people selling are desperate for money.
We had working capital 70 million at March 31 and probably added about 30 million since so if you take away 30 cents cash we are trading in the 50s!
Oil price about 103 US forBrass River which makes it about 108 Canadian so we are probably tading at .5 forward cash flow. Seems like people are pricing in 50 dollar oil.....don't think so.
Feel free to correct me if these numbers are wrong but this seems beyond rediculous.