Mart Resources Inc MAUXF

USA Nigerian crude purchases for July and August were

[gibbonsj]

nill, I don't mean almost zero I mean zero. US had been ranked among the top few purchasers of Nigerian crude prior to. Combine this with Saudi under cutting OPEC price to China last week and USA's clearing the path to export oil and one might get the sense that we're entering a prolonged period of soft prices.  This more than any performance factor or unknown about the Company is what's pushing sp down. Hopefully we're not locked into UML18 @ the touted $10/barrel because the landscape is changing.

As we have seen time and time again, to leave a country like Nigeria in financial ruin buy pulling the plug creates a social economic shock that corporations will latch onto and take advantage of to fix whatever its is they deem needs fixing according to their own profit oriented agenda. I suspect this economic shock will be the catalyst, premised on IMF and WB conditional promises of financial assistance, to bring about an earnest effort by the government, specifically the Nigerian Central Bank,  to address the corruption that is robbing Nigerians and corporations of wealth.  How malleable Nigerians are depends on the depth of the shock. The USA knows Nigeria is ripe for greater extremism so its not in their best interest to abandon Nigeria. Having said that then would make you think the timing is not coincidental and that the whole thing is scripted by the corporations who want unimpeeded rights to Nigerian resources.