Mart Resources Inc MAUXF

Discounting the future...finally

[dr_airtime]

Seems to me like the difference between the selloff today and our last couple in the fall (intraday sub $1.30 after Q2; intraday sub $1.50 in Mid Nov) is that most shareholders finally understand the potential of 2013 and are willing to hold so stock is discounting the future rather than the current two month no-production downtime. This is a step-change IMO.

That being said, I was hoping for some sub $1.50 shares even though I don't need to add but setlled for $1.54. If there wasn't a larger capitulation today then it's gotta be the bottom.

At .60X Cormark $2.50 target and .68X NPV10% per last year's 53-101 whcih is $2.25 based on outstanding shares. Cormark's gonna raise their target to at least $3.00 next year. Me like.