i agree with you cloudstreet...
i was a holder of msx for quite a long time. picked up most of my oppies sub 10c and the shares around 90c a couple of years ago. sold the shares on the way up at 1.40ish and the half my options for an average of 75c. held the rest because i believed they were going places given their NTA backing etc.
unfortunately watched them go from over $2 last year down to where they are today. i cant believe their current SP given the assets that they have.
i thought the value of their listed assets was well over $300m US plus a great gold deposit and 25% of a massive Zn Pb Ag mine. look at lady loreta compared to jabaru's jaguar deposit etc.
mxx are extremely undervalued - unfortunately i think its part of the directors plan - what ever that is. still trying to work out what that plan is!
MXX
mineral securities limited.
