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Mart Resources Inc MAUXF



OTCPK:MAUXF - Post by User

Comment by themangokidon Sep 02, 2012 1:00pm
379 Views
Post# 20307925

RE: RE: RE: Nobody seems to get it??

RE: RE: RE: Nobody seems to get it??

in my opinion, no grandma/grandpa should be investing in mmt unless its with their weekend bingo money.

 

secondly, when putting money into any foreign country that maybe hasn't had the best record of being investor friendly, you cant cap the risk at 5%, 10% or even 20% loss of product in one quarter.  its best you make your investment decision acknowledging you may lose 100% of your money.  now, is this a statistical probability? no, but would it surprise anyone if we woke up tomorrow or the next day to find that something catastrophic, business-wise, happened to a company operating in nigeria? probably not.

 

Now this doesn't mean we are to just bend over and have the pipeline operator do whatever they want with us.  But that also doesn't mean we can barge into their offices and start acting like charles bronson in deathwish.  we need to bide our time till more options/pipelines are available to us.  till then, I'm sure management is doing everything they can to mitigate operating in nigeria with only one pipeline.

 

if q2 was the finish line then we are a probable fail.  however, the company is still in its infancy.  the story is yet to unfold.  hopefully it has a happy ending for us.

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