MRX 0.00% 0.7¢ matrix metals limited

resource increase, page-11

  1. Nor do I, mate. It's unbelievable.

    These guys continue to deliver the goods. Further drilling is planned, production is being cranked up, yet people think MRX is worth less today (after the announcement of a significant resource upgrade) than they did yesterday?

    It's hard to fathom.

    I think finally it might come down to a general questioning of whether the US recovery is actually underway - and hence whether commodity prices are on the up. In my experience, recoveries tend to run this way in the early stages - waves of exaggerated enthusiam followed by overblown pessimism, until a clear pattern emerges.

    I still like MRX, and will be buying on the back foot.
 
watchlist Created with Sketch. Add MRX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.