RE: call me crazy Hey Bobby,
Chen Lin seems to think a dividend is coming…..you might just win your bet!
Hope you do!
An Oil and Gas Play-by-Play: Chen Lin
By The Energy Report, on May 4th, 2012
TER: What energy positions are you still holding? Who is the mainstay?
CL: My personal largest position is still Mart Resources Inc. (MMT:TSX.V). I just went to the HiAlpha conference, where its CEO, Wade Cherwayko, was presenting. He told investors that Mart has over $60 million ($60M) in the bank and each month it is generating $15M in after-tax income (about CA$50/share in annual income). The company is about to pay dividends and is discussing dividend vs. share buyback. In the meantime, it is very close to announcing a deal with Royal Dutch Shell Plc (RDS.A:NYSE; RDS.B:NYSE) to build a pipeline and triple its current production in a year. The investors I met at the conference were very excited about Mart’s future, both near term and long term.
https://www.citizeneconomists.com/blogs/2012/05/04/an-oil-and-gas-play-by-play-chen-lin/