MAT 5.00% 4.2¢ matsa resources limited

sorry to drop cold water on mat, page-22

  1. 389 Posts.
    Hi mav777,

    Bottom line is they need funds.. All that gold in the ground is worthless unless they can pay to get it out. I think they should be focussing on the high grade shallow deposits i.e. your point about Nth Scotia.

    One thing about this stock is that I am much happier with the new management than the old. These guys think a little outside of the box so to speak - this focus on Nth scotia is a much better play than the what the mob before would have done... go to market again and again and well you know what effect that had on the sp.

    Hoping to see some results soon and hear something about the mill negotiations - I think this last point will have the punters lining up as it would show some more concrete commitment rather than regurgitating old scoping studies...

    Cheers
 
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