AGM this wed, page-10

I think that in the current market conditions it is obvious there is a lot of money sitting on the sidelines looking for a home as evidenced by market reaction to DKM's announcement earlier this week.Matsa have been diligently doing their exploration at Killaloe and Symonds Hill,no spruiking ,just heads down and on with it.I reckon Matsa must be in with a better than decent chance of a discovery at Killaloe in the short term and Symonds Hill in the mid term. They have the funds and the crew that if there is something to be found at either project I think their diligent exploration will pay off. Having the two projects makes Matsa stand out amongst its peers to my way of thinking. Let's see what transpires over coming weeks but I am confident that with a decent discovery Matsa current prices will be just a dim memory .
The current market conditions are not dissimilar to what we were experiencing in the months prior to SIR's discovery of Nova - a world class discovery by a junior(hopefully Matsa) will change all that and reignite hope,faith and dreams in the exploration end of the market.They are thankfully in the right commodity sector - base metals and nickel in particular