Mart Resources Inc MAUXF

uncertainty

[tcbmill]

As I read all these posts that the one word that pops to mind.Just a lot of guessing as to wth is going on.I totally understand that nothing is ever straight forward in building a business and Mart certainly is no exception.I'm hopeful it'll work out but my feeling is it ain't gonna be pretty,or stress free.I'm not suprised we took a hit.Things seem a lot more up in the air now than they did even a few weeks back.

As I am typing here,they just mentioned Niko on the news.It's at $5.20!!!!!!!!!! That was almost $100 about 2 years ago.That's a pretty sobering lesson on what can happen when things go off the rails in this business and one we may be wise to heed the lessons of.I never owned it or followed it closely but seems to me that was a pretty "sure thing"too wasn't it?

[crowbird]

Mart Resources is going to look more like GOOG in the next year instead of looking like NKO!

[seekthetruth2]

A bounce was to be expected after such a sharp sell-off...now the uncertainty arises...will it stabalize as some think or will it take another leg down to perhaps the $1.40-$1.50 level or even lower?...I'll just say I don't think the menacing clouds have left us just yet.

[wallywill]

No uncertainty.

[tcbmill]

Things have sure calmed down but how you can say no uncertainty is beyond me.

[freedom-1970]

Nothing is for sure, but the 100 million has to be for something? Been thinking maybe the merger is off? Maybe we looking to buy some great undercurrent company? I really think Wade has something in the works.>

[wallywill]

What is uncertain at this point is when the maintenence is finished however along with the shutdown any oil that Mart can produce will  not being stolen. There will always be ups and downs with Marts SP as shutdowns and oil losses are reported. Look at what is certain...UMU 10 is a sucessful well tested at over 5000 BOD + 609 barrels of condensate per day, a new pipeline

[stanstead]

How much cash do they have in the vault?  Dividends cost $18 mil per quarter, and no money is coming in.  On top of that there are overhead costs.  Maybe Mart needs the credit to fund operations because no oil is moving. any comments?

[kolokoy]

better luck next time stanstead. we are heading to the new high. all bad news had been priced in, only good news left

[mat_hog]

Everyone keeps saying no money coming in.........They get paid for nominated oil, oil is nominated ahead of time, if pipeline is down then they get paid for oil that was nominated and what was not delivered is called deficit oil, they get a 6 month window to pay back deficit oil.  The last time we had a big deficit oil was I believe in dec 2011 some 300k bbls, it was not even noticed as it

[freedom-1970]

Mart has enough cash to pay our divy, no problem. Agip is still paying us for oil..we have a 'I owe you '. That being said before I buy a car or house a pre-approval is the way I shop.Wade is shopping, and I only come up with a New drilling rig.Maybe some cash for the pipeline?? I am thinking 20 million for a rig, and say 10 million for our part of the pipeline?? Still leaves more than

[Bejeezus]

LOL some on this board don`t appreciate your opinion....I agree 100% Mira pops out to me Cash and shares please Wade

[poulton50]

Well.... Boss said: sell MMT and lock your profit before Q4/2012 financial report. Come back here in May/June after weak Q1/2013 report. Redeploy your capital to CEN and INA. Good luck and happy Easter to all.

[DeadMau5]

Sell Sell Sell...  If all doubtfull holders of MMT will sell this thing into the 1.50s I will have Christmas in April!  Y'all are not hurting my feeling by jumping ship!  I will double my position and be more than excited about it.  It has been said it too many times already.  The Oil is there!!   What most are seeing as problems, many of the longs see as