Mart Resources Inc MAUXF

RE: Frontier investor relations

[stockpeeker]

FronTier may have good relationships with fund managers, but a quick review of their existing client list does not glow with high fliers just because FronTier is involved. 

Right now, Wade is talking big growth plans, including a big pipeline (plan, nothing set in stone yet) and some super-productive horizontal wells pumping 30,000boepd (yeah, right, possible, but nothing is a sure thing).  If all this comes to pass the price will move up to meet their annual ACTUAL cashflows rather than their theoretical FUTURE cashflows.

In other words, all I'm saying is Wade and his team of Nigerian roughnecks need to be really sharp and really committed and really lucky for reality to meet the great expectations they are talking about now.  There are usually disappointments and glitches and more problems than one expects along the long path to greatly increased production/cashflow/stockprice.  Hedge fund managers may buy in along the way as they see a detailed plan and milestones are met, but they won't buy as a lark based on FronTier or Chen or Wade or you or me or a high-level goal.  They will buy when they have assessed MMT's risk of success vs. long delays and deep pitfalls.

Do I want MMT to reach their grand plans?  Yes, but do they have the team and management and connections to make it all work out as well as theorized?  Hmmmm, I just don't know, nor does anyone else.

Good Luck to all us MMT longs (we gonna need it),
'Steve