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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > Lets move to the positive side
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Post by 4fun on May 28, 2012 9:59am

Lets move to the positive side

Reseves at the end of Dec are worth $1.70 after per share.

Plus cash (working capital to date of about $.15 ps

Plus reserves from UMU 9 which we will see by Thursday ?

Wait there still more. No counting P3

Wait there is still more not counting 3 other structures not yet tested.

I guess we have to put up some aggravation from time to time to earn our money?

 

Lots of growth potential in both cash flow and reserves yet to come. Maybe even more if they get partner with others on new marginal fields.

Comment by radcat on May 28, 2012 10:08am
According to an IV post last week by Trying2win the new marginal fields will be awarded next month. If we get to partner on a couple of new fields we will no longer be considered a one trick pony. Let's hope this comes to fruition in June and not postponed yet again.   Radcat
Comment by Sugoioi on May 29, 2012 12:39am
Month bpd days  shipped delivered difference Cost at 4% Jan 6959 31 215729     -8629.16 Feb 8728 29 253112     -10124.48 Mar 12176 30 365280 351400 -13880 -14611.2 Apr 12206 29  ...more  
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