Mart Resources Inc MAUXF

RE: Now we need to break 0.55

[stockpeeker]

Reality Check: Remember the old adage about buying on the rumor and selling on the news? Chances are that those who have been following/owning Mart for some time will have bought all they can stand by now, so if all we get is news that an AGIP deal is done (finally, after 3+ months of the deal being imminent), we shouldn't expect to see much of a move. If efforts behind the scene are about ready to ramp up and put MMT in front of new investors' eyes, well maybe we get a little rally, but I don't expect MMT to trade up above .60 immediately after the AGIP deal news is finally made official. Also remember that after the deal is signed by all parties, MMT needs to go thru the PR approval process with Mart, JV partners, and Delta State gov't.IMHO, we won't break $.65 before November 15, and that depends on MMT management doing something to encourage new investors. Hey, remember, pretty soon we'll have Wade holding down the price until he can award himself a nice fat 2011 performance bonus for doing diddly squat all year.JMHO, and I hope things work out better than I expect.'peeker