Mart Resources Inc MAUXF

New Pipeline Capacity

[Claired]

I have a question.  What is the capacity of the new pipeline relative to the existing pipeline?  And when will it be completed?

[freedom-1970]

Thx wallywill for the video, and a tsx listing coming.. My guess now is the 100 million is for a rig, marginal fields and Maybe for pipeline costs. Wade will get the pipeline production up for 6 months having 2 lines running and increase the divy based on production profits.10 cents a quarter next year at this time, or at the Agm a year from now..Great days ahead for the patience investor. Glta>

[Claired]

Perhaps another important question, is to ask that, despite it seems certain that the pipeline will be built and production will increase, what is making investors not buy into the stock?  It seems so fullproof so why isn't everyone just swarming in?  The stock has in fact been declining in value.  Perhaps the pipeline hype is past it's peak allthough this stock seems to

[freedom-1970]

All my junior oil stocks are down and way more then mart, 1.50 has good support. The divy is safe, and signed deal will give us a bounce of at least 50 cents. The line is being built, just with partners and political land deals is taking time. Listening to the last 2 interviews things are really coming together, slow but together. The divy will keep me holding the reward is too big..>

[stockbullied]

Valid question! Would like to hear intelligent answers. At the end of the day is it the perceived risk of operating in Nigeria that keeps this stock undervalued? 

[zeus55]

No one wants to hear inteligent answers, they simply want to read and post mindless cheerleading.

[Bobwins]

Uncertainty is a negative for stocks.  Investors like certainty.  Mart has had their only pipeline disrupted twice in the past two qtrs.  Pipeline was supposed to be done in June according to CEO speech.  Isn't going to happen in June and may not happen until late 2013.  Agreements have not been reached with villages along pipeline route. And you are asking why

[pistolpete96]

Hi Bob- Great response, as usual.  Altho I hear you about investors liking certainty, a case can be made that with the dividend policy that was begun last summer, some level of certainty was built into the stock price, as dividend paying stocks tend to be less volatile, no?  Additionally, if Mart is indeed being paid for nominated-but-not-yet-delivered oil, that also lends an air of

[LaurinDE]

I think you can count on further delays with the pipeline... - nevertheless, at a CAD 1.50 shareprice and with an excellent oil field Mart is very cheap. So it's a "hold" right now until the dust settles... I (hopefully) will continue receiving a generous dividend and will buy more in the fall when, imo, the price might be even lower due to the delayed pipeline. Not nice in the

[bobby1231]

You can buy now or wait and chase the sp to 3+. IMO

[stockbullied]

well said Pistolpete!

[freedom-1970]

Not sure if anybody else has Canadian oil companies but I am loosing more money everyday with them then mart EVER!! So much for a safe country, gladly I will hold mart over all my Canadian oil juniors..>

[Claired]

Once certainty arrives opportunity leaves.

[kellermanc]

Never know what MART has up there sleeve. Could be some new land coming along with the Shell Crude Handling Agreement. The Shell Agreement should give us a big bump up to 2 bucks IMO. As long as our DIVY is intact I think we will see a good base formed here at 1.50, then we go up from there.

[themangokid]

thanks for the link.  very interesting.  i wouldn't be too much in a hurry for a divy bump, if it was up to me, though.  even if a best case scenario unfolds, I'd rather have the company build up a mountain of cash, maybe even buy back shares before they start handing over more cash to shareholders.  too many uncertainties in africa.  i think hanving a

[freedom-1970]

2014 will be the earliest for divy increase, Wade will have 2 quarters of cash on the books to cover the divy before he will increase it. I bet June 2014 Agm is a divy increase, just like last year. But this year's Agm should have some big news on many possibilities. Pick one maybe two for this year.. But a divy increase never,, July this year will we be over 2 bucks..>