MSC 0.00% 6.4¢ minerals corporation limited

consolidation & other issues, page-36

  1. 5,675 Posts.
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    re: some people just dont get it ! I've been very critical of MSC for a long time - the facts are that these guys have an attrocious track record of achieving anything they have ever set out to do .
    They are good at spending other people's money , but frankly absolutely hopeless at carrying on ( AND MAKING PROFIT ) any business activity.

    Anyone can hire consultants and spend money ..... its getting the returns that sort the duds from the performers ... listing on the London exchange ??? a great strategy to maintain the b u ll s h i t flow of product that these guys are so good at ...and a brilliant strategy to ensure they suck more money from wood ducks to keep themselves employed ..... but why wouldn't they ...its legal .

    The fact is they just shouldn't be in business. From the time they listed back in 1996 ? everything they have touched has gone bad ( if you don't beilieve me go back over their reports ....the same old promises ...the same old excuses )

    Bad management destroys equity ...thats a fact .....
 
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Currently unlisted public company.

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