Mart Resources Inc MAUXF

We Need Oullin

[bmwpimp12]

We need Oullin to tell people to just F come down because that's what day traders do bring negative news in, then people dump and they buy! Like I told you guys before, the fundamentals are there and Mart does have lots oil and more oil coming! So what the heck is this panic! Stay long or get out with this negative news! Good luck to the longs! 

[2guys]

Wow, I understand that oullin has brought great dd to this board, but if you're expecting oullin to give a pep rally so that investors can feel better about their investment in MMT then you're holding for the wrong reason.   Fundamentally, MMT is a great company to hold.   It just happens to be in a volatile part of the world, but so are the Majors, and they're doing pretty

[oullins]

Back by popular demand :-) A few reasons why I stayed quiet recently. 1.  Previous personal problems are still around.  2. My son is getting married in London next week and guess what? That takes priority over Mart. 3.  In every instances of perceived bad news about a small growing company the stock takes a big hit. A lot of shareholders bail to take profit and move on

[Greenchips]

Very good comments by Oullin although I do not agree on all points.   Pipeline losses should revert back to the 10% level, difficult to believe that the 18% might not have some quirky accounting involved. Producing the oil with pipeline constraints is simply a timing issue, it will be produced and is still lucrative enough even with constraints to ensure quick paybacks. Management is a bigger

[roulette13]

Thanks  Oullins,for taking time to reply during this busy time, much appreciated. All the best.

[sgandza]

Oullins (or anyone else who can answer)- your point about "BTW if oil prices had been down 10% last month..." is actually what worries me the most. If oil prices do drop by say 20%, how much would mart's earnings drop, and would they be able to maintain the divy?  

[AdamJT]

Yes, they would. Earnings mean squat. Look at the cashflow if dividends are your concern.

[sgandza]

I am looking at cashflow as well,  and at $.056 per share it would be hard to maintain a dividend of $.05. I have been long mart for a year now and have no plans to sell my position. My concern is do I purchase more shares? Given the situation in the world economy, a drop of 20% in oil prices is not outside the realm of possiblities. Though mart's SP doen not necessarily move in

[AdamJT]

Don't think anyone can give a clear answer other than to say it's from quarter to quarter. They have cash for the next dividend and we all know Q3 had higher prices which should provide cash for the following quarter. There's enough for two quarters dividends on hand (absent operational expenditures) so, with more cash flowing in within Q3 and Q4 the next three quarters should have

[molymoney]

I believe we will have money in storage like you say for 3 quarters.Also at least possibly till end of year with syria and iran pressures,seems unlikely oil will NOT drop..With a good 3rd quarter and maybe even 2 good ones next year we glide into the new shell pipeline..but i like the puts to hedge our oil idea to de-risk downward oil as a precaution. Shell pipeline final agreement and clearances