Mart Resources Inc MAUXF

perspective

[lohcod]

Hi all,

Just a few quick antidotes,
1. Nigeria has never supplied much oil to the USA, America not wanting oil from Nigeria and many other nations is nothing new.

2. The world required oil from all producing nations, Global consumption sits at an all time high of over 92 million BPD! And will only grow, lower prices will also increase demand & use.

3. Pipeline is built & may even be flowing, remember we get news 5-10 days after things have happened, as MMT must get all approvals in place & signed off prior to release.

4. Volume: I believe that big volume day last week of 2.7 million shares may have been the tip off that we are officially flowing

5. Nigerian Oil will be sold/ MMT oil will be sold.

6. Breath deep & relax

GLTA
LOHCOD

[gibbonsj]

What you posted was an interpretation according to an outcome you want.  It's what is called an illusion of understanding, we have the same illusion because we get our news from the same places. Read the book then let's have this discussion again. Read the book if not for the only reason that it will help you with your trading. The thing is, I've been trading for almost 30 years

[lohcod]

Thanks for the tip on a new book, as for "my illusion of understanding" haha that is a good one! It must simply be a mirage that MMT has built a pipeline? I must have misunderstood that this pipeline being built is to sell oil at world oil prices?  Wade must be illusioned as well with his 8 million shares, I'm sure he would like his net worth to continue to fall as well? Keep

[mjh9413]

On your #4 I am sure Oando wud have confirmed pipeline flowing with yesterday's release, and 5-10 days for sign offs has already proved elusive with this one. If they applied for the connection Sept 30th and not before (which as someone already said would have been most prudent), that is 44 days~~~~~~~~!!!!!!!!!!!

[mjh9413]

nigeria have been stated to send 7% to USA max. And on pipeline, clearly Wade shook nobody out of their sleep in Cape Town. Must see transcript when and if posted. Futile posting really until we get some corporate response.