Mart Resources Inc MAUXF

Delta, OPEC Meeting and Closing of Mart transaction

[Louis9Suarez]

What we are witnessing is the ultimate betrayal of Mart shareholders.

Here are the facts:

Delta is Saudi company;

At least three of current Mart Board members are former Board members of an affiliated  with Delta Saudy company;

Mart shareholders will vote on November 30;

Why the timing of the November 30 meeting is so significant?

Because on December 4 is the highly anticipated OPEC meeting in Vienna, Austria;

Watch out for Saudi Arabia to change course and agree at the OPEC summit to cut oil production across OPEC member countries.

Why?  Because the price predation announced and practiced by the Soudies since November 24, 2014 more or less eliminated high cost US shale and other high cost nothern oil producers. As the competitors are now knocked out, it is time for the Saudies to revert to $70.

Saudies and the Russians are also likely to compromise and reach  a deal in Syria or elsewhere in ME before or around the time of the OPEC meeting and that deal  would likely also include an agreement to cut oil production.

Returning to Delta and Mart deal, Delta and Mart's BOD are likely well aware of this development and the expected return of oil back to $70 following the OPEC meeting.

And that is the sudden and inexplicable rush to close the deal just before the last train leaves the station.

LS