Mart Resources Inc MAUXF

food for thought

[naga00]

this horrible price is non binding and much can happen during the next 100 days. I personally doubt that the institutions will be happy , but we do have a floor if al else fails. Again the suitor can bale if he cannot raise the needed funds. We are based on Brent I believe, production should increase dramatically during the next few months and I believe that an oil bottom is at hand. You never know what can happen in the Middle East so oil could spike any day because of some military event. We could receive a better bid, but for now we have an .80 cdn a nice but small gain considering most of us are all buried in this stock like most oils. The suitor could also raise the bid if shareholders pull back on this low ball price. We just built a new pipeline with increasing barrels/day and much oil behind the pipe. Wade maybe many things but he might just be very sly. It is a steal @ .80 and we all know it but we may have a cash crunch that is forcing us to swallow. Sure Wade sold some paper in Dec , but I am sure that he is as greedy as the rest of us. I am also sure that when consider all the work that has been done during the past 1 1/2 year vs management they cannot be happy about this situation either. Most likely down at these levels there is a short term play because of sell off today after a huge run only to give it all back. I remain committed and if the price is right on tues may add for short term flip. I am think someone else will eventually out bid this low ball bid.