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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > Over doing it
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Post by TommBomb on Aug 13, 2012 11:29am

Over doing it

Guys, Im a shareholder just like you. But some of you assume that the drilling of UMU 10 will be a guaranteed jack pot. One thing I have noticed over the years is that over confidence is never a good thing. I guess ive been burned to many times in stocks that were Guaranteed.
Comment by Kherson on Aug 13, 2012 11:33am
 I picked up half my position today. Will fill it if the drill results are positive. For me, it is as safe a bet... Kherson
Comment by kcac1 on Aug 13, 2012 4:37pm
Tomm Bomb, You are 100% correct, even though burned before, I have been very tempted to way overload my % in my meager holdings,  I do not think in this case that any drill results are priced into the share price, we may be overly optimistic on the $2, $3, $5 picks but I do not think there is much downside risk at this price as long as they can continue to pay the dividends and ...more  
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