Mart Resources Inc MAUXF

Nobody seems to get it??

[kaisersosze]

All this talk/questions about the deeper sands, the price of oil, etc...  None of that matters when your "partners" can just hand you a bill with whatever amount they want on it.  We can be sitting on a billion+ barrels of oil; if our partners have a license to steal, what's to prevent them from taking 30 or 50 or 75% next time??  This stock isn't going anywhere till Wade addresses how we prevent that from ever happening again.  Once he does, I'm in full agreement there is tremendous potential here!

[Sugoioi]

I guess no I don't really get it Kaisersosze. What I feel you're doing is raising a red flag that oil theft and corruption occur in Nigeria and that this is somehow new information. It's not. I invested in Mart and Nigeria because I was okay with the risk. And there definitely IS risk. Likewise I personally avoid investing in anything russian and investing in south america because I

[rljp]

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[Sugoioi]

You are obviously correct that investors should be concerned about oil theft from the company they are invested in. What they should not be is surprised. Name a country that has greater oil theft than Nigeria. The economist article I posted indicated Nigeria was number #1. This is not new news. Disappointed. Angered. Frustrated. Sure. I would hope so. Surprised. No. Not if you’re doing due

[kaisersosze]

I understand there is risk by investing in Mart / Nigeria.   I "thought" that risk was capped at about 10%.  What has me worried is that the risk factor just doubled to 20%, with no explanation, and I now can't put an estimate on that risk, because maybe it's 30% next quarter, or higher.  So I'm clear and fine with "risk" in an and of itself

[venicerain]

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[billythekidd]

You sound like a worried shorter.......i suggest you move on Kaiser.......if you don't know how high the waves will be get your boat off the water

[themangokid]

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

[rljp]

This post has been removed in accordance with Community Policy