MSC 0.00% 6.4¢ minerals corporation limited

looking sick, page-13

  1. 761 Posts.
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    There has been some speculation on "Receivables". In May 2008 I received a response from Vic regarding some questions I had asked concerning the MSC financial reports, and some other production issues.

    One of the questions concerned the $44M of receivables. The response was:

    "Most of these amounts are contras for our 15 year leveraged lease and are not cash payables or receivables"

    I sold my holding after his response.
 
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