MAT 11.5% 2.9¢ matsa resources limited

John435 I have appreciated your comments in the past about MAT...

  1. 17,592 Posts.
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    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.
 
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