OTCPK:SPVEF - Post by User
Comment by
jedd2on Feb 02, 2011 1:40pm
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Post# 18063073
RE: RE: RE: RE: RE: CIC To Open Office in Toronto
RE: RE: RE: RE: RE: CIC To Open Office in TorontoI can certainly sympathize as I have also essentially reached my limit. Some years ago. However, some on this mgmt team have had some good achievements prior to coming to Spur and the hope is that they can replicate that success here, despite also personally being of the opinion that they have not done enough for Spur to date. Rob Rennie says they are making progress in China and I understand that they are also working on other initiatives, which if successful, could generate some good shareholder value. That said, I think current mgmt have fallen far short of their capabilities. When it became abundantly clear some years ago that the Chinese were dragging their feet, for whatever reason, Spur should have looked at other opportunites to generate shareholder value. They claim that they were but we never saw any results and opportunities were certainly available. When Spur mgmt do manage to finally get something done, in China or elsewhere, they have considerable promotional potential at their disposal with Rick Rule and other connections.