MRX 0.00% 0.7¢ matrix metals limited

re: new gorilla stock/going up All progressing by the looks and...

  1. 13,236 Posts.
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    re: new gorilla stock/going up All progressing by the looks and why its pushed back over 10c again no doubt.

    There will be many a project that was previously marginal now very feasible and imho base metals are currently undergoing a rerating.Sure they are currently over valued due to the funds being involved but when the dust settles and they have corrected many of these once marginal projects will still be feasible because base metals will never go back to previous levels,at least not in the next decade.

    I was talking to a business advisor this morning that has been over to India in the last week or so.I asked him just how much more will the infrastructure projects have to go before they look like coping with development/growth.His answer sent a shiver down my spine.He thinks that infrastructure development will NEVER reach what it needs to be to satisfy the economic development potential of India!And thats just India.What about China!!!

    d.
 
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