OTCPK:MAUXF - Post by User
Comment by
Bejeezuson Apr 26, 2013 11:44am
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Post# 21305901
RE: kinda expensive oil
RE: kinda expensive oil I know their acreage is miniscule at 6 sections but 550 million dollars market cap for 12 million barrels of proved reserves is pretty expensive. Land is what mart needs. That will probably be the key to more $$$ appreciation.>
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I Know and Mira Sits @ 11 million dollar Market Cap with 20 million proved barrels From One hole!!!
And we still have way more to come from the other reservoirs below never mind the other Holes to come
Somethings up @ Mira and Me thinks Marts has to get their own Land (offshore) no land owners to fuss with!!!
How long is that pipeline going to take....all it takes is one Land owner to ruin / block your Pipeline
Then what???