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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > Pipeline {12K to 35K}
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Post by kellermanc on Apr 23, 2013 4:39pm

Pipeline {12K to 35K}

None of this will matter when the new pipeline comes online. 3 times cashflow is in the making, if not more. It's better that the repairs are remediated now, then later. I'm still up 70% from last year when I first invested. I couldn't have done any better anywhere else. So I'm not complaining at all. Wade keeps his word, and his skins are in the game. That's really all that i'm concerned about. He's a good leader, especially dealing with Africa's BS!!!!!
Comment by kellermanc on Apr 23, 2013 6:09pm
Wade's been there for 25 years man. You don't think he won't find someway around that!!!  Come on people, this is Africa, anything goes.....
Comment by vltn59 on Apr 23, 2013 6:09pm
Whatever MMT might send down the pipe this year will be needed to payback the allocated oil.  Three times more sales in 2014 will only keep mmt even with the increased taxes.   Seriously, borrowing money to pay dividends not a good way to go.
Comment by kellermanc on Apr 23, 2013 6:16pm
MMT owes (what, 60 days of OIL), who cares.... Sh.....T happens.....especially in Africa. No, MART did the right thing. Keep their word on the DIVY. Borrow from Paul to pay Peter happens in the OIL business. Especially in AFRICA....COME on now... Stop being a drag................ MART has a sh.........T ton of OIL in UMU field. Getting it out takes time. Just think, if this is the worst thing that ...more  
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