Matamec Explrtn Inc (MHREF)

[varok]

Interesting level II at this precise time.

As with most of us who trade on the floor, we are close watchers of level II and what it tells us.

After months with only 4 Market Makers who provide a market here on the OTCBB exchange in the states are starting to finally beginning of what I have been saying for some time, that the beginning of the share price rise is about to begin.

To go in some detail allow me to explain. The 4 Market Makers are ETRF, CDEL, NITE, ATDF.

ATDF is AUTOMATED TRADING DESK FINANCIAL SERVICES
ETRF is G1 Execution Services, LLC.
CDEL is Citadel Securities LLC
NITE is Knight Capital Americas LLC

First, what I need to see here is that the number of MM starts to increase in numbers. In other words, we need more participation. I'm starting to feel this is about to happen.

Also, here in the states we have no volume on most days, meaning that a 3,000 volume day is considered heavy. This absolutely needs to change for us to starting moving north. As I mentioned before this is about to happen.

On most days. these four MM are playing ping pong on the heels of what is going on within the movement of the Canadian exchange. Yesterday, on the Canadian exchange you had a daily volume of around 279K that allowed our MM to move the ask to .085 from the usual of .079 and lower. Now the bids is .065 and pretty much where it has been for weeks with just fraction movement within the ping ponging that goes on daily.

My point to this is, is that whenever Canadian prices move the OTCBB reacts accordingly. Whenever the Canadian volume exceeds the average like yesterday the interest and the pressure on the share price wants to edge higher. In simple terms, is that Canadian volume needs to reach an average of 250K + to gets us to .10.

The good point to this is that the company isn't obliging the MM by selling shares so the MM need to play what they do best and that is manipulate buyers and sellers in a pretence that things are about to move. In other words there is definitely a squeeze going on and they need shares and with higher volume they (MM( will need to edge up the bid to entice sellers. Currently, and since the pressure hasn't yet reach climatic levels, they continue to ping pong on fractions. Also the shares are tightly held and not too many assess shares and since the company isn't selling into the market bodes well for us and will maintain the pressure once the news is out of the gate.

The MM to watch is NITE and once the pressure is on, he will lead the pack in what MMs do best and that is manipulate the playing field in giving false pretences to get you to sell or give up your shares. On the OTCBB, NITE is considered to be the front runner and leader on how shares get executed once the pressure is on. In other words, NITE is know as the tormentor. NITE doesn’t dilute usually, unless someone is selling through him. See, MM’s know people are intimated by NITE so they use that to their advantage. That’s why NITE is the shaker he scares folks out of their holdings. So don’t get discouraged if you see NITE on ask all the time. he could be leading a dip or something. He is scaring sellers to his participants SCHB and at times others that sit on bids a lot of times.

This morning when I opened up my trading platform I noticed that NITE was on the bottom for a good hour on .165 share price. I have never noticed that NITE moved so quick onto that price when for weeks, the Ask was for the longest time at .075 and just a couple of days ago they moved to .085. What is interesting is that NITE usually is on top with .085 but this morning was on the bottom at .165. Never at this high.

With shares this tightly held and with great news, this issue could spike to highs we have never seen and I mean to .50 or higher until it settles back. But only if the company can keep a lid on their share inventory. The MM will have extreme pressure to extract shares from you and will play accordingly.

Now, what this indicates is that something was in the cooker that moved NITE to such an extreme range and now that the article from and courtesy of Hockeyguru, this morning, http://www.northernminer.com/news/parliamentary-committee-reviews-canadas-ree-strategy/1003130695/ Parliamentary committee reviews Canada's REE potential 2014-06-25 VANCOUVER may have been the catalyst.

So the point of this is that the next coming weeks, this is issue is going to become one exciting issue and I see higher highs and as long as the company keeps the lid on their share inventory, folks we are going higher. Truly one hell'va great investment opportunity is at hand.

Have a good day
varok