MSC 0.00% 6.4¢ minerals corporation limited

consolidation & other issues, page-42

  1. 549 Posts.
    pierpoint and loose ends Pierpoint's article was published in May of 2003... That's a year and a half ago!

    This is exactly what I'm going on about. Don't misunderstand, I am not ramping the company, nor defending it's performance, but hey, we've got to have up to date info to correctly judge a 'developing' company.

    I downloaded the video and saw what I expected; A small plant out in the middle of no-where. Reminded me of PNG, 'cept we had an army of locals doing the labor up there. Undoubtedly, this a high risk venture. With limited machinery and difficult access, a breakdown can be catastropic. High risk explains the low entry price. I understood that before investing, did you?
    Cheers,
    R
 
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