Mart Resources Inc MAUXF

when mmt.v announces completion of new pipeline- It will

[naga00]

gap huge. It is only a matter of time 3 months, 6 months or 9 months- it is going to happen and then suddenly the production will be 35,000 bod. I would rather be in mtt.v now and wait the jump when the announcement is made and the stock is suddenly @ $2.50-$3.00. While we wait we get a juicy div of .20/year. Of course many have been saying that the every q that the div is not going to happen, but guess what? they have continued to pay and pay and pay. I think that mmt.v is great speculation in a troubled part of the world, but management continues to have a good relationship with the local and continue to re-drill wells, sell oil (even with 25% loss) and is working very hard to make us rich! I happen to buy more this morning in the US @ 1.11- dump luck that it moved later in the day. I just thought that I would average down a little from $1.29 and again thought that it is only a matter of time before the pipeline is completed. Plus of course higher oil prices and if the they are receiving brent prices the cash flow is growing and growing. Patience is the only word that investor should consider! This stock is going to much higher it is all about time- the wait!

[shiva1968]

Yes, my sentiments exactly! It's not a matter of if, just when! Cheers! ~Fredric

[vestor111]

Hey Naga! I think you turned me on to Coastal around $5 on the Yahoo board of some other oil company I was following - probably a Bakkan play a few years back.  Great call.  Thank you - if you are the same Naga (the Hindu Snake god that is on display all over Angkor Wat)  A couple more to toss on the story,  with increase the div will follow per Wade with the increased revs.

[malx1]

No dividend increases until the LOC is back at $0.  The BOD will not approve anything until the balance sheet is cleaned up.

[naga00]

same snake that recommended coastal @ $5 and change and was bought out recently @ $19 Canadian. With respect to the bakken I was and still very heavy in the bakken and the eagleford. We recommended bexp- brigham @ $3.25 and was bought out @ and mind blowing $36.50 a few years later. Here what we are long of course mmt.v eventually a huge win- just a matter of time- well before we get rid of Obama.

[vestor111]

I was in BEXP around $8 it might have been where I first saw your posts. I was also in AXAS. I remember your Sundance recommend. Thx for your picks. I will give a look. I have moved mostly into Precious Metals these days - with the turn around in gold coming I like SGRC, EXK, ANV, TDG and GORO. In the oils, I like NTI's div. And I am very long AOIFF - huge potential. This year should be epic

[vestor111]

BTW I lucked out on Coastal selling most the day of the announcement. The next day Gold Sacks put a sell the CAD and the conversion was criminal by the close. It was off a full dollar a share due to FX. If you held for taxes til the new year, you ended up geting screwed by Gold Sacks. Thanks again on the that, I probably pulled about $100K out of it trading it. I lucked out buying in bulk when