OTCPK:MAUXF - Post by User
Comment by
scramblin8manon Jun 22, 2012 10:32am
304 Views
Post# 20043512
RE: RE: RE: RE: Why does this company always DOWN
RE: RE: RE: RE: Why does this company always DOWN The reason Baytex is down is because the oil and gas it produces sells at a discount to WTI and there is no quick solution to access to the international market and Brent pricing. It has nothing to do with press releases or confidence in management. The only oil production company I own is Mart which sells its oil at a premium to Brent. I am frustrated that the last press release had more questions than answers. I think the folks that do the press releases went to the Ben Bernanke school of press releases. Regardless of the market background when you have an oil field as prolific as Umusadege the share price should be up a lot more than it currently is.