MRX 0.00% 0.7¢ matrix metals limited

thats right folks ...couldnt resist selling out at 14.5c...

  1. 5,391 Posts.
    thats right folks ...couldnt resist selling out at 14.5c yesterday.....the market is shakey thanks to the us subprime morgage lending and the 3 lending institutions that have pulled out of US due to the debt ridden economy.....times are getting tough....copper inventoruies in good supply so we will have to wait and see what happens ....everything seems quite risky at the moment..and shares are too hard to pick.........have to protect my money so im out for now ..tempting to place a buy order at 13c as it looks like it would get filled but im picking it may get to 12c.....dont realy know to be honest........MRX are in production so thats a bonus but so are many other companies and they have all been hit too........if construction is down then so is copper consumption....we have to look at the bigger picture.......the only sector where supply does NOT meet demand is URANIUM..........cheers Jam
 
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