Are we going to make it? With the blow ups in each of our coal streams and the Oil/gas deal with Terrex Energy can this company recover from such large mis-allocations of capital? It seems we only have three viable streams; Copper, Palladium, and Natural Gas at Gordon Creek out of many we have invested in.
I've owned shares for a couple of years but I wonder if NW's expertise can translate to this space.
Seriously, can our high failure rate be overcome?
I read each of the quarterly reports from 2007 for Sandstorm Gold and their first deal was a bust but they cut their losses very rapidly and fortunately it was a tiny, tiny deal. All the subsequent deals have turned out very well.
With M&E we have spent a lot of capital on bad deals. Can we recover? Can we thrive?