MAT

I invested in MAT for its shale oil tenement in North America but like many resource stocks, it has tumbled.  It is not worth selling because its assets are good.  Recently, the big mover in mining sector is SIR with a new zone discovered near Esperance with easy access to a sealed road.

MAT got a speeding ticket from the ASX and I didn't know why either until I read its response.  It is because of "nearology".  It has tenements adjacent and very close to SIR's discovery.  Where it was until recently a bad loss, it has now almost break into the green zone again.

And because of nearology, it has decided to fast-track its exploration activity around that area to take advantage of the new information.