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Mart Resources Inc MAUXF



OTCPK:MAUXF - Post by User

Comment by mugs19on Jun 24, 2012 12:22am
388 Views
Post# 20048325

RE: RE: Divvy JFF7

RE: RE: Divvy JFF7

I'll admit I didn't read the full funding breakdown of the pipeline costs. If Martt's portion is such a small portion of total costs (which I don't see why) I see your point.

Knowing the directors, it wouldn't take much  to delay or cancel a divvy on top of their current activities - possible partnering / bidding on future parcels & current drilling program etc. Pipeline costs are just another factor, (elastic) to be stretched.

Jaded on Mart mnmt? yes

Can they move the SP up (or down)? yes - when they want to

Will they deliver on the divvy? I'll believe it when I see it.

When was the last time Mnmt made a definitive comment on it? I've only seen it once ~5/6 months ago. I think the rest has been speculation. I've been in for a loooong time and still in for the ride at a very low cost/share.

 

mugs

 

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