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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > Good Small Cap Oil Article
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Post by kcac1 on Aug 02, 2012 5:00pm

Good Small Cap Oil Article

This guy mentions MMT and the Nigerian risk, which imo is why this stock is not already $5.00 and he makes a good point...I also wonder if the guy wanting to short this stock is serious?

https://seekingalpha.com/article/774381-c-c-energia-trying-to-unveil-the-oily-diamonds-in-the-colombian-rough

Comment by bugalabuga on Aug 03, 2012 1:42am
The risk part (in this case) really gets me. How many wells do they have? How long have they been there? Are they drilling more? Is there production capability increasing? How is their agreement set up to make money? Is there opportunity for more? Etc Etc Anyone who mentions the Nigeria risk with this company is just playing a media card. It is, and has been for many years, a game overseas in the ...more  
Comment by tcbmill on Aug 03, 2012 2:01am
OMG.Rambling ain't the word for it.No offence but I read it twice and I still have no idea what you were trying to say.
Comment by Sil.D on Aug 03, 2012 6:36am
Hey Bugger, I think the risk part is the $7 billion a year in estimated oil thefts in Nigeria....I am not aware of any massive oil thefts in North America unless it is in Mexico In addition they have terrorists there that like blowing up pipelines, storage tanks and rigs, although the terrorist have been operating further north for the most part. Since $7bil in theft is news I guess that is the ...more  
Comment by bugalabuga on Aug 03, 2012 6:48am
Wow. Last time I post that late. My apologies. Simply put, I am amazed at what Mart is been fortunate enough to become with the wells they have found and the success they have had in drilling them. The opportunity they have going forward looks great (with increased production capacity, new wells, other marginal field opportunities, the potential deeper zones being tested in UMU10). I keep hearing ...more