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Nordex Explosives Ltd V.NXX

"Nordex Explosives Ltd is engaged in development, manufacturing and resale of explosives products in Canada."


TSXV:NXX - Post by User

Comment by PAGODA5on Mar 16, 2013 4:20pm
164 Views
Post# 21140477

RE: what will drive price here?

RE: what will drive price here?

Make explosives which they sell to gold mining companies. Have a very unique explosive called Bulk Emulsion, which is superior to stick. Doesn’t want to own the gold mines but he wants to own the people who supply them. Because grades are going down, they actually have to blast even more rock than ever. They are in the Kirkland Lake area and surrounded by gold mines and are gaining market share quickly. Has the opportunity to expand into different kinds of mining as they move west. Quarries for gravel, graphite, construction and pipelines. - Fabrice Taylor on BNN 

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