a possible takeover target ..., page-5

re: a possible takeover target ...rr roger ring...got cvaught with your pants down there fella.....the XSTRATA deal was announced in september which gives them a right to earn 55% interest by spending 5 million over 3 years
Matrix maintains 100% ownership of the tenements to a depth of 100m ...regardless of whether they would entertain a takeover of MRX ....if the resourse is there and the economics are there why wouldnt Xstrata want a piece of the pie
cheers Jam