MAT 0.00% 2.6¢ matsa resources limited

sorry to drop cold water on mat

  1. 61 Posts.
    1. There is no reason for it to take this long to negotiate a mill agreement with either avoca or norseman. I smell a rat.
    2. there will certainly be a shortage of any real good news for some time to come.
    3. the stock will therefore drop of its own weight now. possibly poli will reach into his pocket and get some more. he will have to get a lot more to keep the price from falling. which it is already.
    4.there is no shot of milling anything before the years end. no matter what.
    5. if there is a profit on the books on this one, take it now and there is always later to re enter. I don't see it going higher anytime soon.
 
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