OTCPK:MAUXF - Post by User
Post by
naga00on Feb 10, 2014 8:54pm
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Post# 22193457
when mmt.v announces completion of new pipeline- It will
when mmt.v announces completion of new pipeline- It willgap huge. It is only a matter of time 3 months, 6 months or 9 months- it is going to happen and then suddenly the production will be 35,000 bod. I would rather be in mtt.v now and wait the jump when the announcement is made and the stock is suddenly @ $2.50-$3.00. While we wait we get a juicy div of .20/year. Of course many have been saying that the every q that the div is not going to happen, but guess what? they have continued to pay and pay and pay. I think that mmt.v is great speculation in a troubled part of the world, but management continues to have a good relationship with the local and continue to re-drill wells, sell oil (even with 25% loss) and is working very hard to make us rich! I happen to buy more this morning in the US @ 1.11- dump luck that it moved later in the day. I just thought that I would average down a little from $1.29 and again thought that it is only a matter of time before the pipeline is completed. Plus of course higher oil prices and if the they are receiving brent prices the cash flow is growing and growing. Patience is the only word that investor should consider! This stock is going to much higher it is all about time- the wait!