Rerating on the Way?, page-8

@ralom , I seemed to recall you suggesting that Matsa sell some of their listed investments rather than take out the loan they did so I went back and found the post where you suggested such on August 8th last year.

At the time Matsa had about 4.3 million PAN shares which were trading at around 22.5c and today they are trading at 54.5c so today they are better off my about $1.4M than if they had done as you were suggesting .From memory the loan was around 12% so Matsa are around $900k better off my taking the course of action they did in putting together the loan agreement.
I am glad that current management are running the company rather than having someone of your mindset being in control. Those of us that are patient and know why we continue to invest in Matsa will reap the rewards over the next six to twelve months in my humble opinion as they transition from explorer to producer and self fund further exploration.