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Mart Resources Inc T.MMT

Sector: Energy | Sub-Sector: Oil & Gas E&P
Alternate Symbol(s):  MAUXF

Mart Resources Inc is an oil & gas exploration and development company.
Price: $0.57 | Change: +$0.01 | %Change: +1.79%
Volume: 580,275 | Day High/Low: 0.57/0.55 | 52 Week High/Low: 1.80/0.45
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0 stars

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

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...read more
0 stars

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

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...read more
0 stars

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

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...read more
0 stars

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...read more
3 stars

RE:If the deals goes bust, what is the downside?

Sir, you get my 1st prize for most important question to ask. Problem is indeed there is no answer now. Only Q1 numbers can shine some light on cash flows at lower Brent and with the new pipeline...read more
0 stars

I am betting that ECP

is involved in the deal. They helped fund  Notore in 2007, put $200+mil of their funds into it and helped raise another $400 mil.   Now Notore doing a $1.5 bil upgrade. One of ECP's founders is...read more
3 stars

RE:RE:RE:The OML 18 deal won a worldwide deal award

The name is spelt backwards : EROTON=NOTORE  rate and reply
5 stars

RE:RE:The OML 18 deal won a worldwide deal award

Eroton is an anagram which stands for Notore. As in Notore Chemical out of Nigeria. Eroton is NOT a French Company. Check out who the CEO of Notore is and then Check out who the Chairman of...read more
0 stars

RE:The OML 18 deal won a worldwide deal award

I did not realize Eroton was a French Company?  This is really a twisted web of $ isn't it? Shell completes sale of Nigeria’s OML oil field to France’s Eroton Posted by Naija247news...read more
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The OML 18 deal won a worldwide deal award

This is interesting, if they did this for OML18 do you think they will not be able to raise the $ to buy MMT out to finish this deal up? http://www.tfreview.com/awards/deals/winner-eroton...read more
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RE:RE:OML18 numbers

March 20, 2015 08:47 ET Mart Resources, Inc.: Purchase of Onshore Nigerian Oil Mining Lease 18 Completed     CALGARY, ALBERTA--(Marketwired - March 20, 2015) - Mart Resources, Inc. (TSX:MMT...read more
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RE:OML18 numbers

gibbonsj wrote: 1/ The acquisition was completed pursuant to an Assignment Agreement between the Sellers and Eroton Exploration & Production Company Limited ("Eroton"), a special purpose company...read more
0 stars

If the deals goes bust, what is the downside?

With the sale price of 80 cents we are still  hovering in the 50 cents area. Most recent purchases I assume were made to averaged down or for a big pay day. If MW cannot secure the funds and backs out...read more
0 stars

New President's Oil Policy

http://www.news24.com.ng/National/News/Buharis-oil-policy-to-focus-on-reform-first-taxes-last-20150415  rate and reply
0 stars

the hold up seems rooted in a comment Dmitri made in the CC

I doubt that covering the purchase price is what's holding the deal up. MW seems to have the ability to raise funds (depending upon market conditions as the two bankers, FBN & RMB stated). To me the...read more
0 stars

OML18 numbers

1/ The acquisition was completed pursuant to an Assignment Agreement between the Sellers and Eroton Exploration & Production Company Limited ("Eroton"), a special purpose company owned directly or...read more
0 stars

bxju; you have to keep in mind the percentage MMT owns and

the history of OML18. MMT's piece of OML18 is ony 10% which equates to just under 1k bepd. Shell has operated OML18 for 45 years and production has fallen off dramatically in recent years. This is not...read more
0 stars

RE:RE: bxju; by the time we know MW has the $$ it will be too late

bxju, you know alot more facts than any other ppl on this board stick to what you know and thx for sharing look at the price of oil :)  rate and reply
0 stars

RE: bxju; by the time we know MW has the $$ it will be too late

Why would it be nothing if no deal?  I thought the recent numbers looked good, and isn't OML 18 somewhat of a turnkey project to immediately produce some oil?  Wasn't Shell producing something like...read more
3 stars

RE:Deal going to happen?

yup deal will happen. MW will not throw  5.8 million down the toilet. Mart worth double the .80 takeout bid, once OML 18 is going  and Brent crude bounces back to 80$ US. Very shortsighted people who...read more