Mart Resources Inc MAUXF

RE: RE: RE: RE: RE: Young_Spanky AND Burly

[mat_hog]

I would only counter to your point, we might go alittle bit lower but most who chase dividends are long gone, they left when the share price started it's downward trend.  The dividend is nice but UMU oil field is the prize, super low decline rates after multiple years pumping and they are still expanding the field.  I still believe they have more than enough cash to continue to pay the dividend, from Q1 financials they had $38 million in deficit oil most of which they were paid in Q2 April & May if my memory serves.  Either way this stock is a long term hold in my opinion, summer goes fast and this fall all of the mo mo money will be back again to restart yet another cycle, the one wild card is Wade, he has been known to make traders pay.  GLTA