MAT 0.00% 2.6¢ matsa resources limited

IMO it is simply the calm before the storm. The next stage will...

  1. 48 Posts.
    IMO it is simply the calm before the storm. The next stage will be the diamond drilling and this surely cannot be too far away, hopefully within the next 4-5 weeks. One would
    expect an announcement to this effect soon.
    I spoke to Paul Poli some time ago and he assured me that the company is not about wasteful spending but rather it would commence drilling when it has clearly and methodically identified the most advantageous locations to drill. He is confident that he has the best available people on the ground to achieve the best possible outcome.
    So hang in there. As Awoonga pointed out, the price virtually went up 50% (before settling down again) on very
    little activity. There are not many shares available between
    22.5c and 50c so watch out when we get some really good news
 
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