Mart Resources Inc MAUXF

RE:RE:RE:RE:RE:D.F. King

[radcat]

Not all African investments are doing poorly. For instance, I have mentioned CAMAC now called Erin Energy (ERN) over the past 2 1/2 years. They are another Nigerian oil explore co. I brought to the Mart boards attention they are about to pump first oil from their oyo-8 & 7 wells, 14,000 bopd when all is said and done. Had Mart investors taken a position back in January when the share price sell-off was at low ebb, you would have picked up your shares at $1.50 U.S. Dollars. They now trade at $7.89 U.S.D.  which is a 426% ROI.

This from only oyo-8 being brought online now pumping 7,200 bopd. In the next few weeks oyo-7 will pump first oil at identical production rates. Next up is drilling 1 of 4 miocene prospects ranging up to 1.6 billion barrels. It is the miocene offshore Nigeria that has the huge elephant size billion + barrels discoveries. ERN owns 100% of all their properties.  

I am VOTING NO simply becasue Mart's assets are worth much, much more than what Midwestern is prepared to pay for it. Midwestern & the losers that make up our BOD are counting on the weak hands voting yes hoping their fear will over ride common sense. As a business man, I cannot stomuch selling my shares at a deep discount when I know they are worth significantly more. I would never do that with my other assets so I will not do that with my Mart shares. I have been in Mart for 8 years and the dividends I have received are greater than that of my Mart shares purchase price I could walk away with a tidy profit and be in a better position than most, but I am choosing not to by VOTING NO!  So up yours Midwestern and the scum bags that make up Mart's BOD. Flip those D-bags the bird. V V V