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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

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Post by kungsuki on Jun 06, 2013 9:10am

Mart

I have been a Mart shareholder for five years and have not regretted it for a minute.  Sure they have had some setbacks but none that have been the fault of the company.  They have worked through them and are now on a very positive track.  Show me another company that has this kind of potential.  My investment is up 400% and I don't think there are too many investors out there that wouldn't be happy with that.  That's not including the dividend!  Even if it happens that we have to miss a couple of quarters without a dividend it's not the end of the world for Mart.  I don't think that will happen but if it did it's totally understandable.  Posters like "agm" if a share holder at all may have got in at a higher price and are therefore a little disgruntled but IMHO the share price will rebound nicely over the next six months and they will be glad they hung onto their shares.  I continue to add to my Mart holdings and am happy to be able to do it at these "rock bottom" prices.  I think it's not too long before we see them pumping out 40,000 bpd and even if the oil price goes to $100. well, you fill in the rest!  Good luck to all the longs and great days ahead!

suki

Comment by zeus55 on Jun 06, 2013 9:33am
It is very easy for those who are sitting on a 400% gain to "advise" others to buy at these levels. I sold my shares well over $2, so I am glad I did not listen to the "advice" of people like you. The fact remains that Mart drained their working capital to pay the last two dividends, and that led to the need for a loan to finance continued development. And the fact that they ...more  
Comment by hangemhigh4 on Jun 06, 2013 9:52am
For me, I ask the question do I see the pps higher by years end and the answer is yes. And those with the most gain here are the holders and probably will stay that way. Whats your timeline with Mart. Im in it for the long haul. The rewards will come in time. Imo>
Comment by green24 on Jun 06, 2013 10:26am
And the fact that they have not closed that $100 million loan agreement, announced 10 weeks ago, makes me wonder if the bank may not be demanding that the dividend be suspended until their balance sheet is strengthened.   Well said zeus55.  That is my one worry about this stock.  Well, that and what happens to the share price if this is announced.
Comment by kolokoy on Jun 06, 2013 10:50am
its not Mart...Its the overall market causing it... just sit back relax and be prepare to buy in the oppurtunity like this....OR panic and sell your shares to bashers
Comment by kellermanc on Jun 06, 2013 10:51am
People OIL is flowing, which means "CASH FLOW". Mart is not going to stop the DIVY. Also, a bank is not going to dictate to MART. What's the matter with you guys? Why you posting this non-sense?
Comment by rgm714 on Jun 06, 2013 11:11am
"its not Mart...Its the overall market causing it.."   This is total BS   PS MART is my bigest holding I don`t just look at the good size. Also look at the bad side.  
Comment by rgm714 on Jun 06, 2013 11:20am
People OIL is flowing, which means "CASH FLOW". For how long?   Mart is not going to stop the DIVY. Also, a bank is not going to dictate to MART. I don`t think there going to stop the Divy But if something happen to pipeline again All bets are off.   The bank can dictate to MART  Or MART don`t get the Loan..    
Comment by kellermanc on Jun 06, 2013 11:44am
If no oil is coming down the pipe, then you stopped bunkering theives from taking the asset. We bleed, they bleed. Also the pipeline needed fixed, loosing 20 % of the OIL is just not smart.  I would rather have taken the hit now then later. Besides, the 20 % gains that we get back into sales on OIL will build cash flow quickly. Also they had Nigeria Gov support, Gov seized all those bunkering ...more  
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