Value Microcaps Junior Energy

[JustForFun7]

MMT.V Mention of Mart Resources as a pick

"Mo Dawoud: Yeah, definitely. I mean, rather than hard assets, I was relating to commodities such as oil. One oil company that we like is Mart Resources (Toronto: MMT), and they're a junior oil producer based in Nigeria. They produce light sweet oil, and that kind of oil is very rare nowadays. It's because it's easy to refine, so the cost is low.

It's over the counter on the US exchange. Mart Resources I recommend, because first of all, as I mentioned, they make light sweet crude oil, and they have no depletion for the next two years. They are possibly thinking about giving out a dividend payout next year, because they are sitting on so much cash from pumping all this oil from the well.
The only disadvantage on this stock is that it's in Nigeria, which is an unstable country. If you're diversified enough, you won't have too much exposure to that kind of risk."

http://www.moneyshow.com/investing/article/44/DailyGuru-26090/A-Better-ETF-for-Metals-Investors/

JFF7