I missed the ,Chalice CHN, run from 10c a year ago to 7 bucks today.
Had a hint perhaps persuit PUR may do something similar but to date they are just plodding. They may they may not therefore it is reasonable to hold a good parcel of shares, and take a punt at 7c.
I've been holding Matsa for years. I knew they had good real-estate with potential..
- lake Carey, huge area next to 2 major Gold mines
- Frazer ranges , around 200 km2... Adjacent to Nova Nickel mine..
Today's announcement about the JV with IGO could be the firing shot to start running...if the results show commercial deposits of Nickel and copper...IGO a $6 billion company will pounce.. Matsa will still have 170 square km in the area under their full control.. who knows what value they may hold...
Close to a million ounces of Gold in the ground and major exploration at Devon and other areas
So much potential value but only a 25mil market cap... Why? because all the years I've been holding, they drilled but not much came up..
At Frazer range they drilled for years for nothing..
the neighbour, Sirius, sank a drill in next door and hit the mother load.. yes life is 90 % luck ..
so, one would think that it is only a matter of time before Lady luck visits Matsa.
could today's announcement be a sign she is nearby...
