Sorry to hear about your bad fortune.Cape lambert has Purchased...

Sorry to hear about your bad fortune.

Cape lambert has Purchased 100% of the Leichhardt Copper Project.
Cape Lambert Resources Limited through their subsidiary, Cape Lambert Leichhardt Pty Ltd, completed the acquisition of the Leichhardt Copper Project from Matrix Metals Limited liquidators.
Payment on completion amounted to A$6.75M in addition to the deposit of A$1M paid in November 2009.

The creditors of Matrix Metals voted in favour of the company entering into a deed of company arrangement with a number of private entities to recapitalise Matrix Metals.
Shareholder approval will be required.

http://asx.com.au/asxpdf/20110301/pdf/41x54lp7swk5wv.pdf

In my opinion this is a positive sign that the company still have assets that are of value.

For more info on Matrix metals asset sales and announcements go to:

http://www.delisted.com.au/Company/5200/MATRIX%20METALS%20LIMITED

Im hoping that Matrix Metals can rise from the ashes.
The proposed board reinstatements are essential in my opinion for this to occur.

Hoping your investment was not a total loss.

This post is not a recomendation to buy or sell CFE shares.
It may contain unintentional errors and i accept no liability for them.
Consult a financial professional before making investment decisions.