Mart Resources Inc MAUXF

Book Value?

[bxju]

Anyone know off hand approx current book value without having to look up?  I was in way back when we had the $2.00 bet and took profit some time back and have been out.  But been watching this news and such and thinking there must be still some good value here at these prices.

Thx.

[digory]

On the IV board it was posted that the First Energy report has NAV of $1.19.  I haven't confirmed this. 

[bxju]

Thanks, Chen said that First Energy had a target price of $1.30 for MMT prior to becoming the advisor to this potential sale.  So, you would think that a recommended sale price would be at least equal to that number and hopefully much better. He was buying yesterday and I bet he is buying today with prices again down 10%. Also, What is Wade being investigated for by SEC, other than

[radcat]

First Energy's target price. Stephane Foucaud, FirstEnergy Capital (2/3/15) "Mart Resources Inc.'s losses in December were only 14%, with shut down being only 0.5 days for the month. The 29 Mbbl/d reached in January is evidence that production keeps growing, indicating that the company remains on track to produce 30–35 mbbl/d