Mart Resources Inc MAUXF

Why does this company always DOWN play news

[4fun]

This could have been a great news release, one we have waited so long for. If not talking about specific production targets, at least the comp[any could say they are positioning the company for significant production growth by 2014.

[billythekidd]

I believe the top end does not want the share price to move any higher until we have all the pieces fitted into the puzzle.....Jitney has been doing all they can to keep a lid on things......Maybe something needs to get finalized before parties involved let the share price go.....Today is a bad day on the Market and Mart is taking its share of the Hit....... maybe Friday will be better....Cheers

[JustforFun7]

Your right that there is nothing ever promotional in their PRs.  I don't think that is by accident. Maybe some goes into the orginal drafts but never  gets approved. Maybe the partners don't want the price  any higher than it has to be. it's a guessing game.    As long as the fundamentals keep improving faster than the price goes up, there is reason to hold

[oullins]

"At least the comp[any could say they are positioning the company for significant production growth by 2014".   It does say that in the NR. "the Ogini Pipeline will also provide additional export capacity which is needed given the recent success of the UMU-9 well and anticipated future production levels from the Umusadege field." Also, too many conspiracy theories

[BankBank]

Oullins - I really appreciate all the work you put into dealing with the "nancies" on this board. If they wanna sell before next week let them, more shares for the pros. Correct me if im wrong, but UMU-10 is part of a proven area? It cant come up dry. Been in Mart since the low 70's. So a little over 7 months. Loving the ride. Still getting my head around everything lol.  

[BankBank]

ALso where is the lunch? im trying to get the afternoon off. Hopefully ill see you guys all there.   Cheers.

[oullins]

Bankbank.  No comment on reserves outside of "I can assume it will be up a least on the 2P" Reserves estimators are a bunch of very conservative people.  UMU9 was a 1km stepout.  There is no way Mart will get all the credit until at least 2 more wells are drilled.  There is nothing else they can do about it. Drill baby drill. Also, Mart will not get the 

[Treetop2]

This post has been removed in accordance with Community Policy

[scramblin8man]

Treetop your comments are exactly what I have been thinking. I will also wait for the rest of the announcements but my feeling is even if management announces a dividend they will screw that announcement up somehow and there will be no benefit to the share price. The new reserve numbers will have no effect on the share price as they will not be materially higher - and as well any savvy

[dollpartz]

I think that's an over-simplification/exaggeration about the power of credibility and dividend in an adverse market . Name another oil company that has held its own since the start of the yr.. Do you think Baytex has credibility? It's over 30 % down from highs of the yr .. with a 6% dividend.. 

[scramblin8man]

The reason Baytex is down is because the oil and gas it produces sells at a discount to WTI and there is no quick solution to access to the international market and Brent pricing. It has nothing to do with press releases or confidence in management. The only oil production company I own is Mart which sells its oil at a premium to Brent. I am frustrated that the last press release had more