Mart Resources Inc MAUXF

Trading by appointment

[pistolpete96]

So we're back to pitiful volume.  Market certainly not too excited that we are up and pumping crude again.  We will have a new pipeline in service in another 5 months that will allow us to pump 30,000 bpd, we have a reserve report which says we have over 50 mill bbls of 2P's, and the stock yields almost 13%, yet it is trading where it was last July?  Talk about a tough crowd.

[haroldy31]

Jeez stockpicker.....you said: "They are probably concerned that UMU-11 has not spud, and that the horizontal(s) and vertical exploration wells have also been delayed, probably due to lack of capex funds." What do you think the 100 million LOC is for? " and we will be using all the oil that can be produced this year just to pay back Agip, that is, assuming that Agip actually

[zeus55]

"What do you think the 100 million LOC is for?"   To pay the dividend. What do you think it is for?

[haroldy31]

Apparently Zeus and Stockpeeker go to the same school....Zeus says: "To pay the dividend. What do you think it is for?"   What exactly is the problem if it is?  Isn't the company defending the stock price on behalf of current stockholders and insiders.  Isn't that part of their job?   Isn't this akin to the bank lending you money for your house?  The