MSC 0.00% 6.4¢ minerals corporation limited

consolidation & other issues, page-29

  1. 1,796 Posts.
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    re: fat prophats The financier of this project sold out as the price dropped.

    Hunter Hall sold out a few years ago.

    I sold out a number of months ago after the Company Secretary told me that the original financier was selling out of the project - and other Asian interests were doing likewise on the advice of the said financier.

    The next excuse this company will come up with will be their distribution strategy is not working.

    After they produce product (and by the threads in these posts this seems debatable), they will need to store it in several locations to convince potential buyers that they can supply - credibility I think is the right word (of which they have NONE). This also came from the company secretary.

    The company is a joke.

    As of 4 to 6 months ago, they did not have a customer, I am not sure where that is now, but with the performance of the operation I would find it hard to believe that anything has changed.

    They are the facts as I am aware of them.

    Phil




 
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