OTCPK:MAUXF - Post by User
Comment by
mugs19on Jun 24, 2012 12:22am
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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