Value Microcaps Junior Energy

[JustForFun7]

MMT.v

My feeling is that ...completion date of the new pipeline is now a big unknown. I hope Wade was not in charge of acquiring the property rights as I hoped that was the baliwack of Midwestern (dealing with locals and politicians). Sounds like it snowballed out of control (one community asks for a little more and then the next one asks for more and pretty soon the first guys want to renegotiate their terms....who knows where that will stop or when it will end. Marts share of the pipeline has grown from 5 million to 10 million. Mart should be able to do this but will other partners be able to pony up a doubling of their share of the cost? Will Mart have to take a bigger stake in the pipeline construction and operation? The new loan will allow them to do so.

The AGIP pipeline should be repaired in the next two weeks (having to due partial pipeline replacement things were so full of holes). That should put a bottom under the stock.

People will be worried about their ability to fund the future divies. I think they can do it but lots won't.

JFF7