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Mart Resources Inc MAUXF

Energy Oil & Gas E&P


OTCPK:MAUXF - Post by User

Mart Resources Inc > Potential double
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Comment by Sugoioion Jul 16, 2012 3:23pm
333 Views
Post# 20118361

RE: Potential double

RE: Potential double

In other words Brent would need to fall more than $30 for the dividend to no longer be feasible. A $30 drop in oil prices puts WTI in the $50's.

At $50 WTI Mart's huge dividend is no longer affordable but the company is fine.

In related news a bunch of other oil companies are bankrupt or begging the banks to go easy on their debt.

 

Mart's sexy anyway you look at it.

 

 

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