Active Control Technology Inc ATIVF

RE: RE: RE: mining sector

[lechon1]

Don't be surprised if most mine operators go with leaky feeder tech. Management was too optimistic with their 20% penetration and competitive advantages like monitoring etc. I don't beleive the majority of mine owners are looking at the possible savings as a reason to upgrade..bottom line is many are set in their ways and will only change until  they're forced too! I'd give it another 6 months before any significant sales orders come in. I'ts very sad to be trading down at these levels again... mostly the result of overpromising and underperforming!!!! Will they learn their lesson???