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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > Long time holder
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Post by wantobe on Aug 12, 2013 7:34pm

Long time holder

I have been here for a few years now along with the ups and downs. Why do folks panic as soon as a little bit of bad news surfaces? I have been here since .16 and have bought back in with every dividend. Yes folks, Mart is paying dividends which is very rare on the vulture exchange. There is gold in them thar hills and the longs are going to benefit. We will always have the ups and downs in Nigeria and yes it is a risky place to invest but I would think everyone should know that or they shouldn't be investing. Everything will fit into its proper place eventually. Meanwhile I'm a lot richer today than I was a few years back even though MMT has dropped a buck over the last year. MART wouldn't be building a new pipeline if things wern't looking good.

Quit selling your shares....its benefiting the big guys.
Comment by zeus55 on Aug 12, 2013 8:58pm
This is not just "a bit of bad news". The pipeline delay is a major disappointment. And it is easy for those who got in below 20 cents to share thier "sage advice", but not so easy when trying to make a decision whether to risk buying in at these prices. I really do have to laugh at those who keep saying how they have been happy to hold through the ups and downs. You ...more  
Comment by wantobe on Aug 12, 2013 11:07pm
Look Zeus55, I don't want to get into a pi$$ing war with you but the truth is that this stock has seen a lot of bad times....more than a lot of others I own but it keeps on ticking. There were bad management decisions, Oil pilfering (big time) Lots of down time and I can go on for hours but the fact remains - we still have lots of oil under ground - we are getting dividends - pipe line is ...more  
Comment by zeus55 on Aug 12, 2013 11:52pm
I am not interested in a pissing match either. But the fact remains that things have not "kept on ticking". Mart's financial position was seriously compromised by the extended shutdown of the AGIP pipeline, which brought on the need for a loan to proceed with whatever their plans are. If the AGIP pipeline had not shut down, we likely wouldn't have needed that loan. Now we have ...more  
Comment by sgandza on Aug 12, 2013 11:30pm
Something being delayed from Mart Resources is hardly a major disappointment. NOTHING has ever been delivered on time with this company. Sad, yes. Surprising - no. If you can't handle that with this stock Zeus - then you should sell and leave - becuase I would be willing to bet the farm that this will not be the last time something is delayed 6 months or more. But there is good news in ...more  
Comment by kellermanc on Aug 12, 2013 11:53pm
WANTOBE   ---  VERY MUCH AGREED..... For you technical guys, look at a 2 yr chart. Also look at MMT does not trade with the OVERALL Market.. It's a BEAST growing on it's own time. When it moves up, it moves fast.  You will not have time to get back in. SO, YES....STOP GIVING AWAY YOUR SHARES..... TD especially is stealing shares.....