Been in Since 201011 Feb 2020 08:16
I,ve been holding and following for a long long time. Got burn't by MATD once. Was a frequent poster on the iii boards back then. Bought some more at these low levels but not enough to lose sleep. I'm now older and wiser and all I can say is that this is one of the most unpredictable AIM companies I've followed over the years. TBH i'm surprised the company still exists. Anyway I found this on Jaran Mongolian local news site:
"Note that in December, provinces, soums and civil society organizations were forced to vacate the land, with Petro Matad conducting an illegal oil exploration in the area of ??Matad soum of the Eastern province. However, in parallel with the act, a meeting of the Matad Soum IRC held on November 29, 2019, in support of Petro Matad providing land for camping in 6 locations in 2020, in opposition to the citizens and civil society organizations. As a result, during a rally in the city of Matad on January 8, 2020, citizens were urged to abort this decision. Within the framework of the requirement, on January 22, the leaders of the Matad soum ITC met and encouraged the IRC to reconsider the issue of land allotment to Petro Matad. "
http://jaran.mn/i/2468