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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

Energy Oil & Gas E&P

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > .90 now
View:
Post by bobby1231 on Jun 04, 2012 11:46am

.90 now

How low will we go?

Oil price is around $100 bbl

Comment by billythekidd on Jun 04, 2012 11:59am
Looks to be a bargain at this price..now .88
Comment by jmcoil on Jun 04, 2012 12:08pm
I hope these people selling are desperate for money. We had working capital 70 million at March 31 and probably added about 30 million since so if you take away 30 cents cash we are trading in the 50s! Oil price about 103 US forBrass River which makes it about 108 Canadian so we are probably tading at .5 forward cash flow. Seems like people are pricing in 50 dollar oil.....don't think so. Feel ...more  
Comment by Sugoioi on Jun 04, 2012 3:03pm
It is ridiculous and I'm nibbling. If it keeps going lower maybe we'll see LarryWalker back in with bells on
Mart Resources Inc