OTCPK:MAUXF - Post by User
Post by
Allah_says_BUYon Nov 21, 2013 12:49pm
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Post# 21927770
Mart Resources plotting London listing
Mart Resources plotting London listingAnd now you know the real reason for today's price increase.
It's not about fundamentals, although the latest UMU-11 results look good, it's about the power of the London AIM to drive up the price.
Stocks on the AIM usually have a volume 3 to 4 times greater than what the trade for on the Venture and it is open a few hours earlier as well so remours there have a way of sending up a price and the Venture is forced to play catch up on the open.
I used to own Xcite (XEL) and experienced this many times. The Europeans are also less risk averse to investing in African ventures than North Americans are. All in all it will be very good for the stock price no matter what happens with the fundamentals.