i'm no expert but..., page-4

Cannot help on the charts zed , but I know a bit about them from a fundamental point of view.
In part they are replicating the efforts of two companies in the mid 90's who were active at Mt Isa for copper oxide- Murchison and the precursor to Matrix.
The amalgamation of the ground positions combine to make it one of the more compelling copper oxide stories around. Buka has the higher grade Lady Annie deposit but the share price for that company has lost reality when de Crespigny climbed on board. Of the other juniors in the region, Exco likes playing with resources that are too low grade for my liking, Breakaway has virtually sold out of Eloise, and Summit is still very conceptual. Universal/Bolnisi are doing a bit of chest thumping but the Roseby projects will require large lumps of cash to get up and running-I would sit on the fence with these two just yet.
That brings us back to Matrix-it is growing its resource bas e impressively and by chasing SX-EW style copper oxide projects its operating costs should be at the lower end of the scale if operated correctly. On the negative side, if they mention recovering cobalt with the copper just sell. It has always ended in misery.
Good punting on the technicals however-at least the fundamentals wont be too far behind!