Matchaah Holdings Inc. (MCHA)

[lmcat]

GEAR was pumped up to .18 last Sept on the fluff PR of the JV with WSRA that was to develop the Silver Cord mine that would produce "immediate" revenues.

Sep 29, 2011..... 0.16..... 0.16..... 0.10 0.10 551,211
Sep 28, 2011..... 0.13..... 0.16..... 0.10 0.16 146,136
Sep 27, 2011..... 0.14..... 0.18..... 0.10 0.16 850,521
Sep 26, 2011..... 0.13..... 0.15..... 0.10 0.15 342,188

People were shouting .50 by New Year's - get in now - and all the pump lingo. I do believe Chaffee looked at the mine but was not interested in a POS with 2 cave ins caused by 70 years of surface water seepage with sections flooded with toxic water. They eyed the tailing piles but they are above the Hassayampa Rivershed and they would never get an APP permit to touch those piles.

Wonder what happened to all those people who paid over a dime for this POS.