RE:If by local you mean "LONG DISTANCE PIPELINE"While .... remember this is a $12MM company and highly specialized .... they can only do so much. $12MM in pipeline is a rounding error. Calgary tunnel, while a great company, is a rounding error in pipeline and construction for most projects.
Pipeline work is supposed to be very active the next two years, but the projections are after that for it to fall off a cliff. Anyone with any knowledge of the pipeline constrcution business knows that one year you can be riding high, the next year bankrupt.
With respect to Bachman and his shares - management has a few big big cheerleaders. I think they just overlooked reporting this .... they were trying to close a deal and financing. That said, it is worrisome as it was overlooked