Fortress Global Enterprises Inc - Class A FTPLF

RE:RE:RE:RE:If I was Chad...

[jdn55]

Given the uncertainty in the markets FTP operates in I don't think I would be spending our cash to buy back shares or debentures unless we were in the black at least marginally and had a sustainable operation. As far as I'm concerned they should be in survival/cash preservation mode now. If they can't get Thurso operating at least at breakeven they should put it into care and maintenance until DP prices improve. We should cease all work on LSQ. We should be actively looking for other markets for DP production instead of China and quite frankly from a strategic sales perspective, why did they allow themselves to become dependant on one market only to begin with. Not sure what they should do with Landqart but at least it's not contributing as much red ink as it was. Personally I thought they should have sold it off 2 years ago. I still think they see something in Landqart that others don't, maybe increasing Durasafe orders. Here's a question. Could Landqart be converted to specialty DP production??? Anyhow the current model is broken given weak DP pricing and Chinese tariffs. They need to do a full strategic review and figure out a way to give us shareholders some hope again. At least they have the cash to buy some time.