Mart Resources Inc MAUXF

Shut in - But!

[SUEME]

Mart and its co-venturers are nearing conclusion of negotiations with an affiliate of Royal Dutch Shell plc. ("Shell") to complete a crude handling agreement that will enable plans to move forward to provide a second independent export pipeline for Umusadege field production. Mart and its co-venturers will then gain access to Shell's export facilities and a 50-kilometer pipeline will be constructed

I was at the AGM and recall hearing similar comments.  5 to 6 months later, the same language suggests that we are not any closer to the deal.  Now that we are shut in, we can all see how important this new pipeline is.  My concern from observation is, the SP falters when we have pipeline issues.  With the price faultering over the past while, and now evidence of pipeline problems, who sold should tell us who was privy to the field disruption.  Lucky for them, selling came from annonymous.  Disapointing, as we should all have access to this information at the same time.  Just speaking my mind.

Now let's get the Shell handling agreement done!

[BlindBat_1]

Mart and its co-venturers are nearing conclusion of negotiations with an affiliate of Royal Dutch Shell plc. ("Shell") to complete a crude handling agreement that will enable plans to move forward to provide a second independent export pipeline for Umusadege field production. Mart and its co-venturers will then gain access to Shell's export facilities and a 50-kilometer pipeline will

[SUEME]

Yes you did.  However, selling presure began prior to your findings.

[BlindBat_1]

Well, this cr===ap happened last week and Agip communicated the information publicly, so maybe some put 2+2 together faster then you and me obviously. And further more let's not forget the market's mood right now...uncertainty galore and many are just going on the sideline until all this Hanging cliff stupidty and the European nightmare is put to rest.   Here is a little comment from

[trader3000]

What next. dividends cut. $1.25 here we come. macreoeconomic conditions don't look good. not just mart but it wont help.