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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 AbNormAlon Jan 02, 2015 4:20pm
117 Views
Post# 23280958

RE:RE:RE:Pres Club Endorsement

RE:RE:RE:Pres Club EndorsementThe last time I contacted him a couple months back he indicated that "there was good value" here, but that it would take some time to materialize. He also said that "there are better places" for the $$$ - that's an understatement! I have decided to wait it out with the advent of the Zucker investment, possible foundational built to effectively move forward and lastly, I am in deep with no market to relieve me of my position in an orderly fashion.  Might as well see if these guys have any abilities, but have not shown much thusfar as their strategies have produced rather unimpressive sales to say the very least let alone the dismal bottom line..  Also telling is that fact that they have elected not to provide an update on the BB sales as has been requested on this board = no news is most often bad news.

I bet they are in scramble mode at the (diminished) Board level. It will be interesting if they can find credible replacements for the departed. Said newbies credentials or lack thereof will speak volumes.

If the next quarter is a bad as the last, I will contact the Zucker Trust and vote in alignment with them at the AGM as it would then look as if they are our only chance to get this ship turned around.
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