Mart Resources Inc MAUXF

Dead money

[zeus55]

With the price of oil up today, and with the news of the spudding of UMU-11, MMT is dead in the water. There simply aren't any positive catalysts that will get anyone bidding up the share price.
Should be good long term, but in the meantime?

That is why I sold and put that cash to work in DCK, as it was unjustly hammered down and has another high-impact well being drilled right now.
I am already up over 10% on DCK in a few days, as opposed to sitting on Mart and watching my money do nothing.
Good investors look for opportunities, while others like to talk about the past.
I know which one makes me the most money.

[rrcool53]

Hey zeus ... keep that up for a couple of years and you'll match the 4000% that I'm up on MMT !!!

[zeus55]

"match the 4000% that I'm up on MMT" ---------------------------------------------------- Good trick, too bad its just another lie from the peanut gallery. But I do understand your frustration watching your capital slip away.

[yngwie]

So you won't be posting anymore,that's a shame.You are so entertaining.

[elaine0356]

This time I don't agree. MMT is not dead money. I am sure I don't have to tell you that you buy when the stock is at a low price, which I believe MMT is at right now...... Also with a 14 % dividend, it is quite a very good revenue flow, not provided by many companies.... I agree DCK is a good company, but it had its up and down in 2013 too.

[elaine0356]

re: "...MMT is dead in the water. There simply aren't any positive catalysts that will get anyone bidding up the share price...That is why I sold and put that cash to work in DCK, as it was unjustly hammered down and has another high-impact well being drilled right now...." Do you still think MMT is dead money ?, I don't think so since you said you re-entered in MMT a couple of

[zeus55]

Yes, I still think MMT is pretty much dead money until they prove they can get something accomplished. And with the capex they are now spending, plus the dividend and the payback of the nominated oil deficit, Q3's numbers may not be pretty. But I bought back into MMT because I think the dividend should be safe, as long as AGIP's pipeline doesn't shut down again for months. And

[pistolpete96]

I am happy collecting the dividend, and am willing to give Mart the time to get the new pipeline finished. So you arrive at this conclusion after months of public teeth gnashing and hand wringing, post after insulting post of the same sky-is-falling, the-dividend-will-be-suspended, they-are-all-out-of-cash drivel.  Yet anyone else who reached this conclusion ages ago was considered by you to