We are not from the big commentators on this site, as you know. We are, however, healthy size investors in MAT. As such, we try hard to do our homework all the time. Consider :
We think in making decisions about investment here, the following should always be part of your consideration:
a. availability of capital. MAT is better funded than any other junior in the area. The cash and asset value that can be cashed held by MAT gives a very comfortable cushion for all the Killaloe and SH exploration we would want. We can literally do anything we want and not worry about it. There will be no capital raising at any point in 2014, in our estimation. So there will be no dilution.
b. It takes only one "glory hole" to push MAT into the SIR range. and MAT is drilling at least 7 such holes.
c. The significance of Killaloe should not be underestimated. We only need a major hit at either Killaloe or SH and we will be in range of SIR, in our opinion. Hitting both would be above and beyond the expectation of most...... which does not mean that it can't happen. It would just be double the pleasure.
d. anyone who is selling stock is both impatient and not doing his own research very thoroughly.
e. recent events in Thailand seem to be clearing the field, and it is not beyond the realm of possibility to get license for our large copper field in the next 6- 12 months. MAT is too busy to do anything there in the meantime anyway.
f. our advice: go take a little vacation for 60 days. buy on drops, if there are any. Chill and relax. With a little luck and Divine Providence, you will be amply rewarded in due time. " good things come to those who wait"
MAT Price at posting:
37.0¢ Sentiment: Hold Disclosure: Held
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