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Active Control Technology Inc ATIVF



GREY:ATIVF - Post by User

Comment by mikerosoft666on Mar 26, 2009 1:34pm
341 Views
Post# 15873562

RE: status of orders

RE: status of ordersI suspect they merely expired.  Most P.O.'s have an expirey date on them unless there is an explicit reason not to.  But when you are cutting a P.O.  currency exchange rates and whole economies can change in a year so they don't usually like to let them run on too long.  Sometimes they are only good for 3 months.

But it shouldn't be much of an issue to reissue new ones.  Unless the same mines are having difficulty with the economy.  I have been watching T.HMU as a really vague and general indicator of the health of the mining sector as well as commodities (coal) as an indicator of potential shut downs etc.

We are still looking OK but I would like to see it strengthen a little more...

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