MAT matsa resources limited

Ann: Settlement of Red october Gold Project, page-3

  1. 10,733 Posts.
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    I don't think it is an issue, obviously there were things beyond their control which caused the delay. It's done now and Matsa are now the owners of a good ready to work asset.The current price of gold now is also much higher than when this deal was first put together so the earn on this and the current mining from the trial mine should also be higher than they originally anticipated. I am going to do some further research on what assay results/intervals there are for Treasure Island and the Causeway as well ......those prospects might be lucrative deposits as well.
 
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