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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > If MW were to announce financing is complete this week...
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Post by mouserman on Apr 17, 2015 11:49am

If MW were to announce financing is complete this week...

How many would be caught having sold ( or traded ) out of the stock?
I suspect MW will want to get this done as quickly as possible. The longer they wait , with oil prices rebounding now, the less agreeable shareholders will be to the .80 buyout price.
I am thinking a bounce back to at least .70 upon the news that MW has garnered the financing needed for the deal.
Comment by gibbonsj on Apr 17, 2015 12:20pm
Better to catch a dime than to be caught holding the bag. Got to manage risk and greed factor. Besides I doubt very much that crude is rebounding as the "experts" are selling you. SA sent a distrurbing message with yesterdays bump of 500k bpd. And yes US inventory fell this week but you have to dig into the numbers to see that the decline came in the form of decreased imports so that oil ...more  
Comment by mouserman on Apr 17, 2015 1:36pm
Best to be greedy when others are fearful. Not sure where the downside is here, so added more at .55. If the deal falls thru, MMT gets another 5.8 Million $ in a break up fee. OML18 should start to see some revenues and add to Mart's value as far as reserves and production go. I think it is very likely that MW does take out MART at .80 in cold, hard cash. Hard to find better deals out there ...more  
Comment by gibbonsj on Apr 17, 2015 1:44pm
fear not what may be left on the table. The best way to make money is to avoid losing any. Admit it the reason you have not taken advantge of the bounces is because you're concerned sp will rocket while you're out.  Do the math. How many 14% trades does it take to equal what you will earn if you wait for .80?
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