Mart Resources Inc MAUXF

Another example of Bakken declines

[poise]

MMT oil will be in demand.  Within the last three months the private SE Sask companies have made numerous  deals with large oil producers/operators from N. Dakota purchasing their oil for 5 to10% above WTI.  The oil has been transported by trucks and rail.  Their quotas have not been met as a result of massive Bakken declines.   The estimated monthly quotas from the large producers are well below and will have to pay a penalty or purchase oil.   The latter has made a few privates in a lucrative position.   

The declines have not been acknowledged and once exposed will push the price of oil well above $100 WTI.  

Poise.

[JohnMarzolf]

Mart is overvalued relative to all its peers.  All my contacts in the patch have liquidated their positions or are in the process of doing so.  Signficant increases in production due to fracking and political changes are taking all the interest out of exploration and small stories like Mart in Canada.  Check for yourself if you don't believe me.   

[malx1]

That suggestion doesn't make much sense to me.  With Mart selling its production at a premium to Brent, and US companies fracking in North America, how does an oversupply in the US affect the prices of Brent and the success story of Mart?   Overvalued in what sense?  Cash flow, EV/EBITDA, BOE/D, reserves, what?   So all your 'friends' in 'the patch' just

[neugrufti]

While somewhat applicable to oil juniors in Canada especially with the pricing on Western Canada Select and the WTI differential to Brent, HOW on earth does this apply to a Nigerian based oil company getting Brass River pricing. North America has a supply glut, but that doesn't help Asia or Europe as the US CAN'T export (by law) and Canada doesn't have the capacity to export.

[oiljack14]

* What a ridiculous post "John." * MMT is not located in Canada....ever here of a place called Nigeria. * MMT does not frack its wells....ever here of low decline massive oil fields. * MMT gets a premium per barrel of its own sold oil as compared to even the world price (Brent). * I'd tell you to do some dd but if you cannot even tell the difference between Africa and the Western

[terroir]

OJ, The guys a nut ball. Check his posts, all meant to stir the s&^t, on ARN, PRY, MMT, a couple of others. References to this friends "in the patch", as in "I am in the know", then follows with nonsense such as this. Terr

[Vanboarder]

So lets see here, yep, uh huh, carry the one. yep it's official folks joan-fart-zolf wins the stupid post of the day award!!! Congrats tool!!! Feel free to claim your reward of looking like a complete idiot at any time!!! Oh, I see you already have it. Oh, and thanks for joining Stockhouse recently (1 month) yet your a longtime geologist on your profile???!!! Sure pal, if your a

[kellermanc]

Remarkably SAID...LOL Since I have started working on contracts in other countries, I have a broader perspective in investing. Mart Resources is going to 3 bucks easy. 5 possible...with DIVY and a NO-Brainer...