Mart Resources Inc MAUXF

oil market

[takingthemon]

The over all oil market is down. Mart is no exception and it has very little strength left. The charts are saying that we are headed lower and need to find some REAL support from which it can bounce and run from. 

I know of some people that where large holders of the company that have sold most of there shares and waiting to buy back in around Sept if all goes well.

As I have posted before. The company has not been truthful on the stealing of oil. They took 2 months to say anything in the means of public news release. I am still hearing that the amount of oil being stolen in many of the pipelines are very high. It is hard to believe that people are willing to dig small tunnels just to tap in from below. Using this method with saddle straps limits the amount that leaks out . Which means it takes a while for anyone to figure out where the tap is...if ever. The companies just see that there are losing oil. 

New systems are available to detect this but Wade refuses to be tough on the new pipeline deal with shell.   

It is in both of there best interest to install these types of security. To not do should make ALL investors ask the question " WHY NOT." It would cost around $15-$20 million. But this cost could be shared. Being able to detect a leak and repair it promptly would save both these companies money instantly. NO BRAINER

Regards

[pistolpete96]

>>I know of some people that where large holders of the company that have sold most of there shares and waiting to buy back in around Sept if all goes well.<<   Did you meet these former large holders at your English As A Second Language class?    

[Vanboarder]

  Wow, you know EVERYTHING about MMT and you've been on Stockhouse for a couple months now!!! You know the big (previous) shareholders of MMT (and what they're doing with their massive amounts of shares) and your privy to insider information as far as Wade and the pipeline negotiations,etc,etc??? You are either an idiot or a liar! Why, because IF you actually knew all

[freedom-1970]

I remember several years ago a New York firm held 90 or 100 million shares in Mart. Must be a nice divy check..>

[freedom-1970]

I also remember Oullins had about 20 million shares held by regular stockhouse members. I am sure today the numbers has changed..>

[pistolpete96]

That divy check comes in handy, but you're gonna need about 3 years worth of them to make up for the hit to share price over the past 3 months.

[freedom-1970]

About 3 years ago I paid 7 cents average for Mart shares, if I could do the same from today's price in 3 years I would be one rich man! Pipe is laying on the ground, the second line will happen before 3 year's. Do the math, 3 bucks will be cheap next year this time..>

[pistolpete96]

>>About 3 years ago I paid 7 cents average for Mart shares, if I could do the same from today's price in 3 years I would be one rich man!<<   Good for you!  But talking about it ain't gonna make it happen.  The volume that we're seeing tells me that there is absolutely no interest in this stock.  What's going to make an investor buy this stock at