Mart Resources Inc MAUXF

Testing the 200 day average a second time

[bankerboy28]

likely to  go back to at least the $1.50 mark and then $1.40....country risk is very high and the dividend payout is way to high for their current fundamentals...low price target is actually $1.45 and median is only $2.23....not enough upside for now to warrant the risk taken on by getting in now....everyone thats in now just sees the dividend and expects the share price to keep going up ....the country risk has to be taken into consideration and the managment ability to execute and keep production up......maybe worth a speculative buy but not interested at the present price....if it gets back to $1.40 or so then maybe worth a spec buy...we will just have to see what plays out....BB28