Matrixx Resource Holdings, Inc.(fka MXXH)

[techno53]

The fact is just like Clovelly Prospect. When the drilling started, the pps shot up to the .10 to .12 range. There was no great financial status to review nor was there an outstanding cash flow sheet to view. There was the wild catting of an oil property interest that contained a potential of 30 million barrels of oil which Mxxh had a 5% interest. The price of oil back then was $70 per barrel. Wild catting a well is a gamble just like a a game of cards. The oil is there for the taking or the well is dry. During the drilling operation, the speculation increases as the chance of striking oil maybe a reality. There is not a team of bean counters running these small oil companies. The people owning this company have a premonition. We are are betting that Mxxh may hit oil as the stakes increase toward the drilling cycle.

Remember, based upon the outcome of Sanger Heirs Site #1, more wells maybe drilled. Investing my money into Mxxh is worth the risk for a second solid ROI.

Since late 2005, I'm only aware of one (1) R/S!!!