Mart Resources Inc MAUXF

Great Opportunity

[Tbonepickens]

Today is a great opportunity to pick up some shares on the pullback. For example: Lets say you pick up 20,000 shares today at $1.36. That is $27,200 spent that will generate $4,000 per year in dividends (if the dividend remains
.20). Fast forward 7 years (or less) and the dividends have paid for the stock and you also reap the share appreciation to boot. You get paid to wait and while you wait the company goes about doing their job by selling greater quantities of oil each year and picking up more fields to ensure the growth of the company and maintain thedividends to the shareholders. Great opportunities like this are seldom seen..especially in these markets.To quote the lyrics from the band Dire Straights from way back in the 80's "Money for nothing....." (and you chicks for free).

 

Long and strong on Mart

Tbonepickens.

[TheRock07]

The dumbness of the retail investor never fails to astonish me.   Today, the divy ex-date, we saw retail investors selling their shares, having assumed that they now qualify for the divy.. The record date was last week btw................which is the correct divy date.   Anyway, the sheep always makes us rich.

[kcac1]

Rock,  There seems to be confusion with many on the EX date....I show 7/19 as the EX date, if so that means you had to own MMT at the close of 7/18 to receive the dividend.  And according to this article, you only have to own for a day...which is the same thing my broker said...I do not think today is the dividend ex date, according to Schwab on line and on the phone they seemed to

[dollpartz]

I know I'm gonna sound stupid, but why are people talking about the 19th when the NR says the 23rd. I missed something. SP seems to have dropped after the 23rd, as well.. 

[goldennugget24]

""""""""I know I'm gonna sound stupid, but why are people talking about the 19th when the NR says the 23rd. I missed something. SP seems to have dropped after the 23rd, as well.. """"""""   You can not be serious, are you!?!?!?

[dollpartz]

I don't check this board every day, or every hr like some people. I read the NR.. and I see people talking about the 19th... I ask someone to explain. One reason I don't spend much time on SH anymore is people here are generally rude. Kinda like you.. CALGARY, ALBERTA -- (Marketwire) -- 06/28/12 -- Mart Resources, Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") is

[goldennugget24]

This happens to be one of the best boards on SH where people are very helpful, but patience is wearing thin when people don't take the time to read. Just two posts below yours is a post by kcac that explains it all. Man, it's your investment, you've got to take a little bit of time to read. https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=31311551&l=0&r=0&

[REEnewbie]

July 23 is the record day, meaning you have to be owner of record on that day. When you buy a stock, it takes 3 business days to settle; so to be on record on July 23, you would have to have purchased it 3 business days earlier, so July 18th.  

[JackelRadek]

Reminds me of the movie "Arthur" where the butler asks Dudley Moore when he's taking a wiz if he would like to hold it for him.  :-)    

[dollpartz]

Ah ok, thanks.. still some civil people left. :) I usually don't own dividend paying stocks. It was solely out of curiosity I asked as I owned this for months (I'm so stupid I bought it at 80 cents, and earlier bought it at 30 cents).

[ncider]

dollpartz, nobody said you were stupid. Lazy maybe but not stupid. The people here (the regulars) are a good bunch. Most like to answer questions, just not the same ones over and over again every 10 posts. If you were the first or second one to ask that question you would not have gotten the same reaction. Unfortunately, same question has been asked many many times over the