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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > 30 Hours left to vote!
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Post by rrcool53 on Jun 10, 2015 9:24am

30 Hours left to vote!

I would sure like to know WHEN we get paid if this goes through!

I see my chances as pretty even of either getting screwed over by MW or the stock price dropping a bit on a NO vote.
Comment by radcat on Jun 10, 2015 10:07am
So you will vote yes despite the fact we haven't been told the; Financing has been completed. When the deal will close and receive our 80 cents.  Could be months from now. Have we been paid for all oil shipped to Forcados. Brass River as well.    What is the resource estimate @ OML-18? We currently own 10% of entire field yet we are not entitled to know this?  ...more  
Comment by rrcool53 on Jun 10, 2015 11:43am
Truth be told ... I will likely vote NO this evening. I only hold .00044% (one more zero?) of all MMT shares, but if enough of us are willing to let the BOD (sans Wade) try to make a go of this, we can make it happen. Why does this stuff always happen to me? (OYL, BUK, KWG, etc, etc)
Comment by radcat on Jun 10, 2015 12:08pm
The investors that I hope will be voting NO is BMO Nesbitt. According to Sam Grier a few months ago when I spoke with him then on the phone, "BMO (Calgary) still owns 90 million shares and haven't sold a single share". Lets hope that is still the case and that they will side with NO voters. If so, this deal will have a hard time being approved. Not sure about the NY. money that once ...more  
Comment by radcat on Jun 10, 2015 12:14pm
Once again, oil is $20.00 higher than when this schitt offer was first made. At 9,000 bopd, that amounts to an additional $180 thousand per day or 1.8 million every 10 days more cash flow than when MW first approached us. If the price of crude is 1/3 higher now, shouldn't they offer be as well?  
Comment by polygraph46 on Jun 10, 2015 1:24pm
rad...inbo...pg46
Comment by radcat on Jun 10, 2015 1:34pm
Thanks for your inbox. I agree fully with what you have said and advised.  
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