Confused, page-5

John435
I have appreciated your comments in the past about MAT and agree with what you have said.Yes, the current overall market is pretty ordinary but it has not been such over the last year or so.
If you note the copied announcement below Newexco was appointed in a consultancy role and they were praised that their experience and knowledge to be well regarded and highly valuable.
I am not so sure that they are still involved and most releases from MAT seem to be using their own geology crew. I wonder if they should have stuck with Newexco given their track record of success.
I am more than happy to eat humble pie if MAT turn up something but to date has been very disappointing




Page
1
Matsa Resources Limited
–
April
2013
LIMITED
ABN 48 106 732 487
ASX Announceme
nt
4
th
April
201
3
Appointment of
Nickel consultants
Newexco
Services
Pty Ltd
Matsa Resources (“Matsa” or “the Company” ASX:MAT)
is pleased to
announce
Newexco
Services
Pty Ltd has
been appointed to assist the Company
with
its
n
ickel
exploration
at
the Symons Hill Project
as well as other
prospective
n
ickel projects recently amassed
by the
C
ompany
.
Newexco
wa
s
engaged
by
Sirius Resources (ASX:SIR)
and
assisted
in
discover
ing
the world class Nova
and Bollinger
n
ickel deposit
s
.
Matsa believes that
Newexco’s
experience and knowledge within the Fraser Range area
to be
well regarded and
highly valuable.
The consultancy is to commence
immediately
in
conjunction with the commencement of ground work at
the Symons Hill Project.