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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > Mart Resources plotting London listing
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Post by Allah_says_BUY on Nov 21, 2013 12:49pm

Mart Resources plotting London listing

And now you know the real reason for today's price increase.
It's not about fundamentals, although the latest UMU-11 results look good, it's about the power of the London AIM to drive up the price.

Stocks on the AIM usually have a volume 3 to 4 times greater than what the trade for on the Venture and it is open a few hours earlier as well so remours there have a way of sending up a price and the Venture is forced to play catch up on the open.

I used to own Xcite (XEL) and experienced this many times.  The Europeans are also less risk averse to investing in African ventures than North Americans are.  All in all it will be very good for the stock price no matter what happens with the fundamentals.
Comment by hegemonicoblivion on Nov 21, 2013 2:08pm
I think that is part of it, theres other parts, lol. Anyways... Looking for a mini pullback here, and then pick up  a few here... dividend looks interesting, and NA companies, well, good luck on your WCS and WTI.. they floating in OIL.. Brent is the place to be.... Was going to ask question on why well wasnt drilled deeper, but I likely can find that on my own... should have more here shortly ...more  
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