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Mart Resources Inc MAUXF



OTCPK:MAUXF - Post by User

Comment by themangokidon Aug 29, 2012 11:30am
281 Views
Post# 20274201

RE: RE: RE: RE: RE: RE: RE: The one thing that is

RE: RE: RE: RE: RE: RE: RE: The one thing that is

well, like you said, if management went to the pipeline operator and said "I want reports on a weekly basis" and they said "no" what would the next step be?  Mart, now, is not operating from a position of strength.  This is just a matter of fact. 

 

if management did know about the losses then yes, I agree, they should have informed the markets.  However, even if the pipeline operator was telling mart all Q, "yes, no problems with the oil in the pipeline" would it surprise anyone if on the last day they said with a sly smile "18% losses. sorry".

 

anything you and me can think of to mitigate working in nigeria, management has already thought of and considered the risk/rewards. 

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