MAT 0.00% 3.0¢ matsa resources limited

We have a confirmed break of 23c resistance. Next step will be a...

  1. 3,899 Posts.
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    We have a confirmed break of 23c resistance.
    Next step will be a break of the 4+ year downtrend at around the 27.5c level.
    We then have the 31.5/32 to concern ourselves with, although I personally believe the 27.5/28 level is more significant.
    Once we're through the 31.5/32 level, it'll be on for young and old.
    Given the expected ST news flow, I believe that these levels will be taken out quite soon.
    However, once the DD starts doing its thing and results start to flow through - assuming those results are as hoped for, MAT will go bat sh-t.
    There will be a day where the stock will double on huge volume and not look back.
    That's why, coupled with the transition to producer status, I have made MAT my sole gold stock and have been contributing to this forum and telling anyone who will listen why MAT is the lowest risk and potentially highest return gold play on the ASX (at least that I know of).
 
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