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MATRIX METALS LIMITED (ASX:MRX) - production to 9000tpa. 4.3 cents a share. , page-10 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
MRX
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0.00% 0.7¢ matrix metals limited

production to 9000tpa. 4.3 cents a share. , page-10

  1. Westhx
    5,221 Posts.
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    25/06/08
    23:24
    Post #: 3909883
    No major holders (ie. Glencore, IGO, Linc) are dumping but they are not adding to their positions either. I think after the production expansion you may see more aggressive buying and see a 50% increase in the price.

    In my opinion, at current prices, the upside outweighs the downside risk. Many other junior companies have far less in terms of prospects and almost none of them are actually profitable and producing.

    MRX Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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