MXD matrix gold limited

Hi tempril,I have put some money into Matrix, I like their...

  1. 1,573 Posts.
    Hi tempril,

    I have put some money into Matrix, I like their tenements and have had a close look over them. Burke's flat is a ready to go open pit mine, with 2 zones one with 2.9g/t the other with 2.6g/t. It has a larger zone with lower grades, which I believe they will test with modern technology to see how profitable it can be. I believe this will be a good cash flow operation.

    The Matrix Reef has very high grades of gold and they will be testing for repetitive structures.

    Wehla, they believe has a very good chance of being a multi-million ounce deposit, have a close look at that.

    Ampitheatre, is a very large area with some 700,000 ounces of gold mined in the past with old style mining and they never found the source, so I would call that a blue sky tenement.

    One of if not the only decent Victorian Gold floats for many years...
 
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