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Mart Resources Inc MAUXF



OTCPK:MAUXF - Post by User

Comment by paljoeyon Sep 05, 2012 7:29am
349 Views
Post# 20318334

RE: Risk/DD

RE: Risk/DD

Most dont do hard DD.

The dividend made them too confident.

 

Did they not know that Mart has 26.5 million options at an average of
.55.

This is a tremendous overhang on the share price.

Also, Mart over promoted the timing of the Shell pipeline .

Its unlikley that this will be finalzied until late 2012 which means that it wont be completed until mid-2014.

 

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