Australian (ASX) Stock Market Forum

MSM - MSM Corporation International

Re: MSC - Minerals Corp

Can some one please explain what is going on with this stock or if they have experienced the same issue before. The issue i have this stock has constantly had 40M to 50M buyers and only 20M to 30M sellers, however it is not going any where. Is there some market minipulation happening here or what is it?? Please explain??

Market depth today (ie 43M buyers, 27M sellers)

Buyers Sellers
Number Quantity Price # Number Quantity Price
7 2208798 0.026 1 6 1701170 0.027
10 9120000 0.025 2 11 3061891 0.028
6 1467411 0.024 3 17 5638024 0.029
9 3291000 0.023 4 17 4075253 0.03
4 9300000 0.022 5 10 1604640 0.031
4 5388000 0.021 6 12 2848641 0.032
6 7574597 0.02 7 11 1757000 0.033
1 1000000 0.019 8 12 4253100 0.034
3 3736555 0.018 9 10 2052300 0.035
1 300000 0.014 10 2 173729 0.036
43386361 27165748
 
Re: MSC - Minerals Corp

Can some one please explain my previous post, the Buyers are all over this, however the price is staying below the break. 43M buyers and 22 M sellers today.????
Kind reg
Ang
 
Re: MSC - Minerals Corp

Surely there is some one out there with that can give me an educated answer. I really want to understand this Market depth issue and if any one has experienced this before and what happened to the stock price when you had a continued number of buyers outstripping the sellers, but the price wasn't going up for weeks.
Kind reg
ang

HELP!!!
 
Re: MSC - Minerals Corp

Just letting you know that someone is reading your posts Ang, but I'm unable to help - sorry.
 
Re: MSC - Minerals Corp

18 April 2007 STOCK EXCHANGE ANNOUNCEMENT KAOLIN SALES UPDATE

SUMMARY We refer to our announcement of 10 April 2007 concerning steady progress being made on a number of sales contracts and industry supply agreements.

Minerals Corporation is pleased to advise that we are currently finalising a number of sales agreements, some of which we expect to become major volume users. We expect to be able to announce details on this shortly. Some of these agreements are being arranged directly with our Cairns office, while others are being arranged via our overseas distributors.

A substantial amount of customer product testing has been undertaken over the last 12 months and in particular, with the more important larger volume users during the last 6 to 9 months. This has culminated in growing interesti n the Skardon clays from customers in Europe, Asia and domestically. Testwork has been successfully concluded mainly in the higher value polymer, crop protection and cement applications. We continue our testing programme for paper coating but given the indicated prospective volume increases for higher value products, this work has been given a lower priority.

Likewise, we have decided to cease work completely on lower value high volume ceramic applications with a view to focussing on developing our preferred higher margin business.

We currently have received formal product approvals from over 60 larger potential volume target customers and many of these have been engaged in satisfactory post approval production line testing during recent months. Over 30 of these have recently commenced regular buying, initially in smaller shipments but now in increasingly larger amounts leading up to the current discussions on sales agreements referred to above.


So what do you think Ang??

Have MSC turned the corner from the brink of death???
 
Re: MSC - Minerals Corp

18 April 2007 STOCK EXCHANGE ANNOUNCEMENT KAOLIN SALES UPDATE

SUMMARY We refer to our announcement of 10 April 2007 concerning steady progress being made on a number of sales contracts and industry supply agreements.

Minerals Corporation is pleased to advise that we are currently finalising a number of sales agreements, some of which we expect to become major volume users. We expect to be able to announce details on this shortly. Some of these agreements are being arranged directly with our Cairns office, while others are being arranged via our overseas distributors.

A substantial amount of customer product testing has been undertaken over the last 12 months and in particular, with the more important larger volume users during the last 6 to 9 months. This has culminated in growing interesti n the Skardon clays from customers in Europe, Asia and domestically. Testwork has been successfully concluded mainly in the higher value polymer, crop protection and cement applications. We continue our testing programme for paper coating but given the indicated prospective volume increases for higher value products, this work has been given a lower priority.

Likewise, we have decided to cease work completely on lower value high volume ceramic applications with a view to focussing on developing our preferred higher margin business.

We currently have received formal product approvals from over 60 larger potential volume target customers and many of these have been engaged in satisfactory post approval production line testing during recent months. Over 30 of these have recently commenced regular buying, initially in smaller shipments but now in increasingly larger amounts leading up to the current discussions on sales agreements referred to above.


So what do you think Ang??

Have MSC turned the corner from the brink of death???

I think so this will bring the price back to the low 3 cent mark and then we wait for the actual figures. I am still trying to work out how the the new IPO in London is going to affect this stock. If it breaks 3.3 cents we should see it in the 5 cent mark.
I am hanging in there for the break.
Kind reg
ang
 
Re: MSC - Minerals Corp

I think so this will bring the price back to the low 3 cent mark and then we wait for the actual figures. I am still trying to work out how the the new IPO in London is going to affect this stock. If it breaks 3.3 cents we should see it in the 5 cent mark.
I am hanging in there for the break.
Kind reg
ang

MSC looking decidedly shaky now.

Another 88,000,000 script issued at 2cps.

I'm holding my free ride for a miracle.

Not for the faint-hearted.
 
Re: MSC - Minerals Corp

Further to our ASX Announcement of 18 April 2007 we have since this date concluded 9
new supply agreements in our target market of medium sized good margin users which
will bring initial sales revenues of $2.3 million in the first year and strong growth
anticipated thereafter on these accounts.

Since April, we have also concluded agreements with a number of additional smaller
customers who typically use less than 100 tonnes per year but buy at premium margins.
We are in continued negotiations with some potential larger volume users where test
results have already been approved in recent months. Further updates will be advised
once these supply agreements are formally concluded.

The Company is pleased that in recent months the pace of new sales in our preferred
target markets has quickened following a period of about 9 months in the testing phase
with these larger companies. The sales team is currently very much focussed on these
larger users having previously established a good customer base and satisfactory track
record with smaller companies.


What a shocking day to release this to the market.

Good to see some figures at last.
 
MSC minerals corp

hi there,
i recently came across this company and it looks pretty good for the price it is at,
im just wondering if anyone has any info about this company and if it is worth investing into.
thanks people
 
Re: MSC - Minerals Corporation

Could be turning around now as a company but i would avoid until confirmation.

MSC has been promising for years now and always failed to deliver.

Lots and lots of script on issue.

There are some positives though. Their Kaolin is of a world class grade (But I think prices are on the way down)

They own a percentage in DRX who have a pretty major heavy minerals discovery.

mate, research this one very carefully before putting your hard earned into it.


Cheers.
 
Re: MSC - Minerals Corporation

Does MSC look like a breakout?

Volume getting higher. Used to be 0.016-0.018 for quite some time, now its picking up to 0.021 -22

Anyone know any news?
 

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Re: MSC - Minerals Corporation

hi,
did anyone happen to hear that msc was investing 19.6 million into Beakonsfield mines? i read it in the hearld sun the other day
very curious to see what is happening
thanks
 
Re: MSC - Minerals Corporation

I really don't they have the extra cash floating around to be investing into other companies (esp after DRX)
 
Re: MSC - Minerals Corporation

Minerals Corporation is pleased to announce the signing of a 5 year renewable global Supply & Manufacture contract for the production of “green cement” products. This contract is a major step forward following a product testing phase in 2007/08 and this contract significantly extends our existing agreements to manufacture mortar and render products.
The production of Ordinary Portland Cement (OPC) is the world’s third largest source of Carbon (CO2) emissions and is responsible for over 2 billion tonnes of CO2 annually. The ACC product combines a third party patented proprietary ingredient to produce a coated engineered high surface area kaolin that is effective in diluting or, replacing OPC in concrete products and is cost competitive in a variety of high volume applications.
The signing of this contract enables ACC to begin commercialising this new product range and following market trials in 2007, a number of substantial users are currently in process of becoming customers with an initial customer commencing April 2008.

little bump up on the news so worth putting on penny dreadful watch
 
Re: MSC - Minerals Corporation

director's currently buying "millions" on market so just pulled these out of the bottom drawer to watchlist - of couse a mil at 2c is only a $20k buy but better than nothing and we might presume they know something, or maybe not and just stoking the wet ashes.
Have to ask myself wtf i am doing holding these when they have a Quick Ratio of 0.04!!!!
 
Re: MSC - Minerals Corporation

Hi, I note there's a little interest in MSC. Wonder whether others with a toe in the water with this mob are concerned about the formation of new company ACC being spun out of MSC. To my mind as these are china clay assets developed and marketed by MSC, then we should get an in-specie distribution of shares in the new company??
Wrote a letter to the CEO querying lack of clear information and expressing my concerns about this, but of course no response. Company has lots of paper, but top 20 shareholders - mainly Chinese - hold about 40% of it.
Am always a bit worried about co's that spend most their time raising capital or switching capital between debentures, converting notes and ordinary shares.... and this mob allways at it.. I'd be happier to hear about ACTUAL production and ACTUAL sales.:confused:
 
Re: MSC - Minerals Corporation

well after following this one here for 4 years plus they finally made their first large sale.

I've dipped my toe back in.
 
Re: MSC - Minerals Corporation

I wasn't sure these guys were ever going to sell anything.

I got some yesterday too. I wonder what they will be worth in another 4 years?

It might just take that long to churn through the .001c traders.
:)
 
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