Matrixx Resource Holdings, Inc.(fka MXXH)

[Cardinal Relentless]

Drilling update PR:
http://biz.yahoo.com/iw/060804/0150904.html

Looking VERY good; the "drilling break" mentioned means they've broken through a hard shale into softer sandstone. When that happens, the rig will suddenly speed up as it breaks into the relatively softer sandstone rock. The fact the driller had to increase the mud weight is a good sign, too, because it means there's something there, i.e. oil and/or gas, that's trying to come say "Hello!" on you.