Mart Resources Inc MAUXF

https://uk.finance.yahoo.com/news/nigerias-forcados-oil-pipe

[shdave]

pipeline up

[LAMBO]

good to see oil up right now

[dwtna1]

The pipeline shutdown might be the reason why MMT has not issued a Operations and Production update since December 19th, 2014. They may have wanted to hold off on any bad news that might overshadow any good news, ie. the Umigini pipe is flowing at the full rate and the loading and sale of oil through Forcados has commenced. Otherwise, I am beginning to be a little concerned about the lack of a

[pistolpete96]

Pipeline back up, crude price back up and no help to the stock price.  Pretty much a straight, sustained ride down in SP since the middle of the month, no matter what the price of crude is doing. And no updates from the company- other than the option awards of course. Very disturbing.

[gibbonsj]

pistolpete96: last time I looked oil was 45.15. I can't say for certain but that sure looks down from where it was six months ago. Oil is going to have to move more than a few dollars to permanently move this stock. In the meantime ride the wave. Many more 10% to 14% bounces still to come.

[mjh9413]

The Forcados situation is not stabilised...local article: Jan 25th Abuja — The Trans-Forcados pipelines which carries crude oil from production facilities to export terminals in Forcados has been attacked four times by vandals and oil thieves, since the beginning of this year alone. Executive Director, Gas and Power, Nigerian National Petroleum Corporation (NNPC), Dr. David Ige who disclosed this