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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > kinda expensive oil
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Post by kobiyashii on Apr 25, 2013 2:47pm

kinda expensive oil

I know their acreage is miniscule at 6 sections but 550 million dollars market cap for 12 million barrels of proved reserves is pretty expensive. Land is what mart needs. That will probably be the key to more $$$ appreciation.>
Comment by Bejeezus on Apr 26, 2013 11:44am
 I know their acreage is miniscule at 6 sections but 550 million dollars market cap for 12 million barrels of proved reserves is pretty expensive. Land is what mart needs. That will probably be the key to more $$$ appreciation.> ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ I Know and Mira Sits @ 11 million dollar Market Cap with 20 million proved barrels ...more  
Comment by kobiyashii on Apr 26, 2013 12:10pm
I think today is a good gambling day. Flat line, climb, flat line, climb, flat line climb. People probably digested some numbers and want back in now that a few questions have been answered. Plus you got all the fanatic dividend chasers these days too. Might be okay for a run. >
Comment by Bejeezus on Apr 26, 2013 12:16pm
What usually happens in a takeover does the acquirer go up or down? Could Mart be set up for a nice little short? I know the acquired usually goes way up!!! TIA