Mart Resources Inc MAUXF

down next unless news

[WAYFRT]

would expest MMT DOWN next week unless we get news on UMU 11 or new pipeline or sceond rig . Yes the second rig is to drill a WATER  INJECTION well first , then i believe a horozintal on  UMU 4 .Please correct me if im wrong.
WAYFRT

[gibbonsj]

Down is good. Back up the truck and position for a multi bagger. To really understand MMT one has to know a thing or two about the characterisics of the Umusadege field.  Eyes are focused on on the very short term which is good if you're playing the bounces but the really big winners are looking at the technical merits of the field including the USA/Nigeria relationship. There are four

[zeus55]

"Yes the second rig is to drill a WATER  INJECTION well first" ---------------------------------------------------------------------------------- I hope that is not the reasoning you are using to claim that the share price will fall next week. Apparently, everyone here but you has known for weeks that the second rig was drilling a water well first. Did you just figure that out?

[gibbonsj]

Zeus55, from your posts I know you have the full picture. The logic of people fears and their knee jerk reactions to every bit of less than stellar news is a reflection of a lack of understanding of what they bought into. In the meantime I ride the wave. I'm located in the epicentre of Alberta's O&G sector and I know how rare the Umusadege field is and how well suited it is for a