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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > RE:RE: RE:Oh , Oh - Houston we have a problem....
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Post by bobby1231 on Nov 13, 2012 10:28am

RE:RE: RE:Oh , Oh - Houston we have a problem....

Oullins what did you think was going to happen to our sp today?
Comment by pistolpete96 on Nov 13, 2012 10:32am
MAUXF on sale today.  What a gift.  Idiot sellers.
Comment by oullins on Nov 13, 2012 10:45am
it would be down of course.  Are we long or short on this?   Is the dividend a problem? Are we still going to 30K for the field in mid 2013? Anybody thinks that the pipeline to Shell will not get done? Will the reserve go up at the next 43-101? Is the company planning to expand outside of Umusadege? Just taking care of the health of our Mart holders by providing oxygen.   ...more  
Comment by bobby1231 on Nov 13, 2012 11:16am
I'm staying long here. I agree with almost all besides having 30k by mid 2013 is very unlikely. I will be really happy if the pipeline is built by q3 2013.
Comment by jmcoil on Nov 13, 2012 11:32am
Good to hear from you oullins. Nice to know most of the old gang still hanging around. Bobby I will be happy when the pipe line is officially announced in a press release! As for time lines.... well it is Nigeria. cheers
Comment by oullins on Nov 13, 2012 11:38am
Just curious why 30K for the field (not just Mart) is unlikely.   We have 19K available right now.  Add to that 4K for UMU10,  4K for UMU11 and 6K for an horizontal.  You are there with room to spare  by July 2013 even at Nigerian speed.  where am I wrong? BTW, I am in favor of the horizontal first since the Pad on the East side is not ready.   Cheers
Comment by stockpeeker on Nov 13, 2012 12:40pm
I thought Mart and partners were going to put additional pumps on the Agip pipeline to push the oil downstream faster.  Whatever happened to that plan?  Did they decide it would just make more oil squirt out of the various holes in the pipeline, resulting in greater losses or what? Mart, stifle yourself!  I feel like Archiezie Bunkerzie getting miffed at Edithzie.
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