The Trial Mining Forcast is reduced by apr. 1800 oz due to a grade problem, mining ends end of March.
Cash situation is in my opinion good, improving and the new claim close to Red October with 90 plus square kilometer seems to be a good idea. At first view nothing to worry about, looking forward for even better quarters.
A new exploration program with acoutistic sensors looks interesting to me. Regarding nuggets at P. no hits this time, but this never has been a decisive bet, and was rather cheap to get in. I am more interested in future results in Thai Copper. Have too many shares to buy more. Otherwise a buy in my opinion.
MAT Price at posting:
19.5¢ Sentiment: Hold Disclosure: Held
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