MSC 0.00% 6.4¢ minerals corporation limited

MSC is unlikely to ever come good - the signs have been there...

  1. 5,887 Posts.
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    MSC is unlikely to ever come good - the signs have been there for years - the MD has no idea about meeting projections or budgets .
    Check out their balance sheet - a wopping valuation attributed to the Skardon rive kaolin plant -- no sales = no value = personally I think the company is insolvent and it will be only a matter of time now befor the crows start picking over the bones .
    Anyone ever care to study their projections vesus actuals over the last 7 years will see that this is one huge ripping yarn .
 
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Currently unlisted public company.

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