placement, page-5

Hi Folks

Hmmm Timing is something these guys dont quite have ;)

That aside, we continue to get support from AEGIS.

The company is aggressively approaching the drilling program and securing another rig.

They clearly stated they want to 'accellerate the exploration program'

The company also stated that they are looking to UPGRADE the inferred resource.

HELLO!...thats upgrade a multi billion dollar inferred resource folks :)

Once again bad timing...but this isnt bad news. To the contrary its 'again' excellent news.

We will be getting the drilling activity we want...and much more to come.

Seems those MTX shares are being tightly held for further appreciation.

If issueing a placement means the company is aggressively upping the program here to increase the resource then im for it.

For 'conspiracy theorists'...of which I am not one ;)

One could look at theis placement and the recent heavy sell down as two events that are perhaps related?

I wouldnt suggest that of course...but if that were the case just further demonstrates the sell down as being flawed and dare I say it 'manipulated'

Good news allround and much more to come in the coming months.

Imo we will have an upgraded resource with better grades ...thing is now it will be 'sooner' rather than 'later'

For those screaming its a dud....get over it. Move on.

Dozens of other U explorers to choose from

Goodluck chaps!