MAT 3.57% 2.7¢ matsa resources limited

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  1. 61 Posts.
    obviously, since I hold the stock, I don't think that anyone that holds this stock is an idiot.
    to answer your questions directly:
    Yes, viner was with Jackson Gold.
    It was made quite clear that the two of them reviewed every single document there is for the past 10 years at least. They reviewed all the original Kinross stuff as well, or so they said.
    They seem to be very shrewd, very committed and very excited.
    Remember this: a good product and poor management leads to losses- no matter what the business. And, even a fair product with great management leads to success.
    I can't say for sure that this is great management- but they have great enthusiasm, they seem to have a goodly amount of knowledge, and they also seem to have some solid backing.
    Having said all that, notice that I said "seem" quite a few times-- there is no reward with a risk, and even though things "seem" great, you can't be positive.
    I would bet[ in fact I am betting] that they come out with optimistic news and the stock goes up. we shall see in a while--- they probably want to be sure before they say anything for sure.
 
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