Ann: Conrad Resource Upgrade , page-17

I won't be blocking you claws. Both you and finicky post sensible caution and are always worth reading. Not that I agree with you every time. I make up my own mind just as I expect people do when they read my posts. If and when MAR announce a JV, I expect there will be plenty of chances to buy into a safer environment.

I traded MAROA options dozens of times and was able to exit almost every trade at a profit. Best price was 18c back in June 07, the same price I got for the last of my FPOs in the company, just before the oppies died. My only bad trades with the oppies were the few I had reserved to convert and a parcel I bought at a giveaway price a month or so before they lapsed. In the end I didn't convert any MAROA but the profits from the previous trades more than made up for them.

I like MAR. Its a tight little company run by a smart team. They only real negative right now is lack of income. Since the meltdown, I've tried to stick to the CPR rule: Cash, Production, Reserves. When MAR shows a clear pathway to production, I expect to be buying.