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Mart Resources Inc MAUXF



OTCPK:MAUXF - Post by User

Comment by bakken13on Jan 30, 2013 2:49pm
489 Views
Post# 20913236

RE: Finished talking to Investor Relations!

RE: Finished talking to Investor Relations!

If they have already started building the pipeline, they must have signed a deal with Heritage and Shell to export through their facilities. But as the pipeline is fairly short, it should be completed a lot sooner than the end of the year.

With the increased production and cash flow, Mart will be able to increase the dividend from 20 cents per year to 20 cents per quarter. And that would propel the share price into the $6-7 range.

They have more than enough production behind pipe to fill the new pipeline, and there is more than enough room on the Heritage/Shell pipelines, so we are good to go.

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