Mart Resources Inc MAUXF

RE:RE: Per Canaccord today

[bobby1231]

Got to love Canaccord trying to put out a report saying mart is in jeopardy of paying a divvy when in fact we could  be in for hugh one this year when we merge. I can't wait to see there next report that will be a total flip from this one.

 

P.S This is all IMHO

[JustforFun7]

  • Recommendation While Q2/12 results were disappointing, we believe they are anomalous given stronger Q3/12 operations to date. Our overall thesis on Mart is therefore unchanged and we are maintaining our Buy rating and $2.50 target price. We view the current weakness in the stock as an attractive buying opportunity for investors given Mart’s unique growth profile in Nigeria and 13.5

[marketman3]

Cormack has given a sensible analysis of Q2 and the inherent risks here.   If these high oil losses retreat to the 10 % level, Mart will be fine. It is a risk however, as Mart will have to use this pipeline for at least a year and with only a nominal increase in capacity to boost production. That is why 20 % losses are so significant.   For these reasons, I sold a portion of my holdings

[stockmyster]

That's the beauty of issuing a dividend and a share price that was closing in on 2 dollars. There are a lot more eyes on Mart and they all have a stake now so they keep things honest. All things seem to point to a much better third quarter. Higher oil prices, great share of revenue for cost recovery and a smaller loss for July. If they publish August oil loss at 10 percent or less we should be