Mart Resources Inc MAUXF

Wade Answers

[radcat]

I sent an email to Wade and asked the sort of questions we are all seeking answers to. His reply is:

 

Detailed PR coming tomorrow.

Thx
 

Wade

 

IMO, if you are wanting more shares then you better get while the getting is good. The share price did what it did last week likely because of an expected NR that didn't occur.  Well the NR came a week late and it will happen tomorrow instead.     

[hangemhigh4]

Oh really? pr coming tomorrow?>

[freedom-1970]

Hope your right buddy! We need some true guidance to what are progress is!! I really think every 2 months we should get updates on events with a company like this with so much on the go!! This would really slow done the swings in the stock price.. IMO>

[hangemhigh4]

This stock has always had swings but has always regained any losses. Thats why I just hold. Imo>

[themangokid]

not to kill the expectation but alot of the times i've spoken with ir or company management, from the stocks I hold, 80% of the time they give me a specific date about news release, excluding financials, it turns out to be a little off. it could be the day after or the week after.  this is not supposed to be a negative or positive just a fact that sometimes schedules change. 

[freedom-1970]

I agree this stock always comes back and higher high! It has its own trading pattern, somedays I really wished I traded it!!! Holding for the 3 dollar days!!>

[billythekidd]

I don't expect much other than UMU 10 results and January production numbers

[radcat]

I'm hoping for confirmation on:   pipeline construction underway. deficit oil hard numbers for Nov & Dec. 2nd rig. Inked Shell deal. Q1 dividend. UMU-11 slot on existing slab or moving elsewhere. East/West slab construction. Merger?  (possible longshot). Any bad news I am expecting will have to do with deficit oil and the barrels owed. 

[freedom-1970]

If we get have of that news I would be happy! For me keeping shareholders informed as progress is made builds trust. I also understand mart is not calling any of the progress so they are at the mercy of other companies. The constant guessing about what's going on, in a challenging country makes the weak run. But the good days are coming!! >

[JustforFun7]

I think the makeup of the sales volume is changing from less retail to more institutional and as  such you are going to get more manipulation of the share price. Run ups to grab shares from the traders and push down to get people selling on fear of bad news. Institutions  have a longer  point of view because they deal with larger volumes. I am looking forward to where we are by the

[kaisersosze]

radcat, you wrote: I'm hoping for confirmation on:   pipeline construction underway. deficit oil hard numbers for Nov & Dec. 2nd rig. Inked Shell deal. Q1 dividend. UMU-11 slot on existing slab or moving elsewhere. East/West slab construction. Merger? (possible longshot). were those all the items that you asked about in your email to Wade? Thanks

[radcat]

  Questions I asked Wade: Are umu-10 results completed?   Has the rig has been skidded to umu-11 slot @ current drill pad or will umu-11 take place elsewhere on site? Has a second drill rig been brought to Umusadege? If not are there any plans to do so in the near future?   East/West:  Has Mart & partners started construction of the drill pads for either of these

[kaisersosze]

Thanks.  Let's hope he answers most if not all of those!! Good luck!

[billythekidd]

Hey Radcat....looks like someone must have hacked Wades Email....LOL..Detailed Press Release.......LOL

[pistolpete96]

Free Beer Tomorrow

[Bart2]

I dont mind being lied to about a news release coming BUT dont joke around about free beer.  :-)

[radcat]

Maybe tomorrow in Nigerian time is the day after next....  Oh well, we can drown our sorrows in free beer. I hear it is being served at O'Malley's.

[pistolpete96]

I look at this in a different way:  If someone tells me that they are going to do something tomorrow, and they don't do it, I begin to wonder what else that they say they are going to do that they won't actually deliver on.

[nijinsky70]

It could be released after closing, or could be at night.  Give them a chance, the day is not over yet.

[joefro]

Did Wade actually tell YOU that Mart was going to release a NR today, or did you just read that here on this forum? I haven't been able to confirm that anywhere and the only place I have seen it is in radcat's post who said he heard from Wade.  I have been following this BB for a while now and I see that people say all sorts of things.  Is radcat known to be "in" with

[pistolpete96]

OK now I understand.  It says:  "Detailed PR coming tomorrow."  Coming from where?  Going to where?  It doesn't say "Detailed PR will be released tomorrow."   How's that for rationalization?