MRX 0.00% 0.7¢ matrix metals limited

everybody is an expert all of a sudden someone says that the...

  1. 5,609 Posts.
    everybody is an expert all of a sudden someone says that the stock is being munipulated, someone says its not doing its feasability study and so on. All those statements are guess work. the study is underway, the money is there for it and yes, the stock has more interest because of the copper price and because the market has so few copper stocks to pick from.
    They have been in production before.
    They have got several resources.
    They would be profitable at the current price.
    They have a major backer.
    They have a plant on the ground with a replacement price of some $20m and all it needs is some small upgrade and to be turned back on.
    The stock is full of traders at the moment, so the price will simply move around until news.
 
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