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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > The company has problem.
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Post by rgm714 on Jun 05, 2013 1:45pm

The company has problem.


 

The company has problem.

1. There were frequent and longer duration pipeline shut-downs in Q113 for approximately 46 days (Q112: 18 days) due to repairs and maintenance of the export pipeline.

It can happen again

2. UMU-10 not done testing

3. UMU-11 not drilling.

4. The drilling rig, what taking so long in fixing it. Or whatever they are doing to it.

5. Pipeline not done

6. Negotiations regarding the crude handling agreement with the export pipeline owners and
terminal operators are continuing.

7. Q1 2013. I will not say anything more about this.

8. New release sucks. Even when it good news. They make it sound bad.

 

Right now Mart is going to have to show. That they can deliver the goods.

Be for stock price recover.
Comment by bobby1231 on Jun 05, 2013 4:35pm
The same ones complaining are the ones that will be chasing the sp up.IMO  Haven't you learned anything over the last two years?   Look at CEN,INA,IAE,PRY  Are they performing well?                    
Comment by rgm714 on Jun 05, 2013 11:41pm
The same ones complaining are the ones that will be chasing the sp up.IMO  ------------------- SO your saying that MART don`t have problem?   And that MART don`t have to show. That they can deliver the goods. Be for stock price recover?        
Comment by bobby1231 on Jun 06, 2013 8:23am
Yes they had problems with the pipeline being down and environmental that delayed UMU11. Name one junior oil company that doesn't have problems? Divvy should be safe and announced soon. Oil has been flowing nicely of late. We are probably less then 6 months from having a new pipeline flowing. Wade is getting that 100 million for reason and when he unleashes that news it will be a game changer ...more  
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