Mmt Comp. Share Discussion Threads

[riggerbeautz] 19/12/2014 21:48

Well I'll take that close and week. 3 more trading days and tex selling over, only the oil price to stabilise then.

Maybe the dime is finally dropping what's happening here, Umu 13 should bring more good news soon and oh for a little oml18 clarity. Could be a heck of a year coming.

[riggerbeautz] 18/12/2014 22:17

Hmm I've chucked enough profits in here, just waiting out. Today was maybe friends and family topslice time, noticed that 150k whacked us when it went through and then with oil it lost impetus.

Impressed me we are at 23k bopd already, was an error free N.R and we need a few more next year to get us going!

[dukedosh] 18/12/2014 21:37

With the so called Santa rally and the friends and family pre news rally I cannot believe this is still under a buck after that news even though Brent is down today! As you say, it's just a matter of time. Hope so, I bought a shed load more today with profits from top slicing LGO.

[riggerbeautz] 18/12/2014 15:52

Other thing to add is this leaky sieve no doubt was another good day with yesterday's 30% rise at one point, for those with B.T ;))

[riggerbeautz] 18/12/2014 15:44

The cash cow is ready, if not for the oil price we would've been orbital this last month.

Question of time before the market sees the numbers and believes, just balance the figures with any lingering doubts on oml18 and we are away. All in my very biast opinion!

[dukedosh] 17/12/2014 19:41

To put this roller coaster into perspective, we're up 33.96% today and I'm still under water with my last buy. Another 2 days of similar gains and I might well break even with my entire holding!

[riggerbeautz] 17/12/2014 19:04

Joy, despair, joy, despair, joy ...... Roller coasters r us! 28% up on what, being oversold and with some volume too. Yes please 2 more days like the last two!

[dukedosh] 11/12/2014 09:55

Little comfort I know but I didn't see anything like this either RB. Currently, I have little choice but to sit tight, hold on, keep away from the high floor office windows and let this oil price manipulation fiasco play itself out.

[riggerbeautz] 10/12/2014 22:15

Hmm didn't see this, what a great hindsight trader I could be.

No margin, no leverage, no brandy either, just thick head to match the skin and feel prize idiot for not banking some gains.

Live and hopefully learn.

[dukedosh] 06/12/2014 12:42

This manipulation of the oil price can not and will not last forever. 2 or 3 quarters from here should see us in a much better place with ramped up production through both pipelines, OML18 completed, maybe even a divi increase. I have no margin. I have plenty of brandy. I can wait.

[dukedosh] 05/12/2014 21:19

MMT 0.79 -0.11
That pop was short lived. Back to the brandy bottle!

[riggerbeautz] 04/12/2014 21:59

You would please them if they could get back their position cheaply ;)

There is nothing but oil in the Umu fields, have they ever disappointed? Just timelines and officialdom that frustrate, but even the latter Wade gets there eventually; in every other respect this share is an Oilers dream.

The only ones moaning are those it seems with little reality on drilling, because if they invested in a few that came up dry, they would know how good Mart is, either that or they gamble beyond their comfort zone, we all do that from time to time, whatever size position!

The only credible question mark is the OML financials, but that should be blown out of any meaningful concern come q2 2015. Oil prices will stabilise and I expect go north, even if we don't go past $100 short term a.i.m.o

N.b plus it's end of tax year in Canada, so holding station today is not so bad.

[dukedosh] 04/12/2014 21:37

I see some "cup half empty folk" are still moaning on IV, trying to see the dark side in everything. Can't please some I guess.

UMU-13 is big news and timely after the pipeline announcement. Bodes well for a reserves ramp up. The next couple of drills should prove up field extension.

SP under a buck surely makes this one table pounding strong buy.

[riggerbeautz] 04/12/2014 17:06

Yes looks great, expect a few Canucks are seeing that as that's it for this tax years news. No such drama here, never known such a junior sitting on so much behind the pipe and not reflected in the s.p, bar the Kurdistan crews a few years back.

I.V and S.H made me smile last night, seems a few caught out by the sudden news ;)

[thegreatgeraldo] 04/12/2014 13:34

& followed up with what looks a good result from UMU-13....

[riggerbeautz] 03/12/2014 20:41

dukedosh 3 Dec'14 - 15:23 - 1392 of 1395 0 0

MMT halted - pending news! Squeaking bum time......


Oh ye of little faith lol. Was stuck in traffic and heard a ping on mobile, had a quick glance at app as it had surged and just knew what the news was.

Easy to call floor now in! Steadily onwards from here and Q1 should start to highlight the cash cow we will become, higher oil longer term would be even better!

Oh boy the last buys icing on the cake as all in ISA's, we deserve this and the rerate from here.

[dukedosh] 03/12/2014 16:19

Nice pop! :-))

[dukedosh] 03/12/2014 16:10

Article on this latest news release:

[dukedosh] 03/12/2014 15:23

MMT halted - pending news! Squeaking bum time......

[dukedosh] 02/12/2014 18:34

I feel your pain RB. I've got some cash to throw done the MMT abyss again. I will buy on a dip but have so far held off. Tough job trying to call the bottom here but we can't be far off, surely! However, I'm very mindful that this will spike sharply skywards when the new TF pipeline flows >25k bopd. I pray for that day to come, even in this stinky market.

[riggerbeautz] 01/12/2014 18:47

Should have waited again, relentless drop to 59c :( bouncing a little now thankfully.

[riggerbeautz] 28/11/2014 20:24

Ha bit more diversification would probably help me, I'm not exactly losing but I have lost a considerable 6 figure profit amount in Mart, suppose easy come and all that.

Just believe it's a once trodden path and we will eventually get back to the previous highs, by which time I hope to bank some flaming profit!

Think I need something stronger than brandy, few jaeger bombs later and forget the week.

[dukedosh] 28/11/2014 20:12

You're certainly not alone RB, I'm holding a hell of a lot of paper here. Too much and nursing a 6 figure loss on energy stocks. I'm quiet because I've nothing to say that would be helpful and just reading, watching and trying to make sense of it.

The main thing that worries me is the viability of these oil juniors if the oil price remains this depressed for any prolonged length of time.

In the meantime, me and the brandy bottle awaits this bloody pipeline announcement. I'm beginning to wonder if this darned pipeline thing actually exists!