MSC 0.00% 6.4¢ minerals corporation limited

good news, page-2

  1. 6,082 Posts.
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    re: good news oh sure !!! I see MSC are now offering options to raise another 1.7 mill ..... ( that should keep Mr Alexander and the boys in a job for a bit longer ) .... more dilution ..... and IF anyone is really considering this stock ...check out their balance sheet ...to me its confusing ..and with some very questionable valuation assumptions on the asset side . Eventually I suspect these guys will exhaust all avenues of capital raising ...and even the naive shareholders who swallow the fuzzy updates will run out of patience and bin the offer doco's to take up this next exciting opportunity.
 
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Currently unlisted public company.

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