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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

Post by AbNormAlon Dec 03, 2013 12:37pm
181 Views
Post# 21964413

The (now dull) Knives Are Still Out

The (now dull) Knives Are Still Out
Lots of talk about "diluting" of shares, "inexperienced CEO"   (as if every CEO was born as one), lousy Board... Well, without the new issue what were the chances of getting the Johnex line up and running?  Same for the new distributions centers, fleet addtions etc.  Borrow you say?  Not likely given the balance sheet at the time. There really does seem to be something underlying here given some of the unreasonable commentary.

Negative, but constructive commentary is always helpful; blurting, not so much.

Enjoy the ride up because that is where this stock appears to be headed.
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