Mart Resources Inc MAUXF

RE: RE: RE: RE:Congrats to longs. New high.

[joelou]

Predicting share price is always tough especially in today's environment, ie- US fiscal cliff, Europe, china slowdown however I believe company fundamentals always win in the long run.   With Mart, I don't know many companys out there that can triple production within a year  -- and throw in more marginal fields and presto- higher share price. Now, what price -- depends a lot the multiple the market wants to give it.  So, I'll leave it to Cormark to set the target price (2.50) and keep accumulating on any dips.  Hey at least we are getting paid to wait -- for one I'm glad Mart decided to install regular dividends rather than do a share buy back - I believe this to partially be responsible for the share price appreciation and provide a bit of a back stop for any pull-backs IMO.   Cheers.  JL

Ps .. Sorry for rambling -- my answer is higher  -- let's see what the share price is when the company is producing 30000+ bpd