Mart Resources Inc MAUXF

late selling

[bobby1231]

Some one wanted out in a hurry today i guess we will find out if it was a good sell or not. I heard thing's were good with umu10 and they were just taking there time to get it done right. We have a long time to waste before pipeline is built so i doubt they will rush any thing these day's.

[aazzcux]

I was trying to see if it was 1 major sale, perhaps a slip of the finger and placed as a market sell order instead of a limit price. All I saw was a series of normal small trades. Very weird activity imho. I don't think it is a reason to get nervous and panic. At 1.66 , Mart yields 12% and seems safe . Brass oil price is about $116, and so many positive facts that support this price and better

[billythekidd]

Looks like the 25 k sell by house 85 could have been a $1.68 stop loss sell.    It would not be the first time they have shook the tree before the next move up ... Cheers Billy

[bows333]

Gold and silver stocks are starting to move, I suspect that since Mart is not moving much this week that somebody (or several people) pulled out to chase performance in gold stocks.  Given the narrow number of folks on the ask (previous post), wanting out in quantity will crash the price.  Personally, I suspect that the longer we wait the better the news is going to be.  After all

[TheRock07]

Yep, Scotia. Nothing significant as it was on very light volume. We shall see much heavier volumes next week, with a very strong Q2 reporting, a full operational update and the results of UMU-10 drilling.  

[mjh9413]

It had a third down day in Frankfurt at 1.36 close on 4 price fixings and 18,800 units. All over funny trading patterns that might make one assume it is not about Nigeria but UMU=10. Pity we can`t garner any info from its partners. Oh well the UMU-9 substantiates the current valuation and news is just around the corner.Surely there is some significant pay in 10 in conformity with the rest of the

[aazzcux]

I don't give a frankfart about the trading patterns of frankfurt. But I do like a good hot italian or polish sausage with lots of sauerkraut.

[LaurinDE]

forget the trades in Frankfurt... all rather knowledgeable and larger German investors in Mart, that I know of, buy or sell in Toronto.   cheers from Germany - Laurin