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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

Comment by loosegooseon Apr 07, 2014 12:28pm
111 Views
Post# 22420502

RE:RE:Testing Patience

RE:RE:Testing Patience
Based on the 2011 financials the Company had declining revenues and limited resources under the previous Board. The new Board raised the funds to get the Johnex project done. It is likely the project was initiated before 2010 and was delayed due to the inabilities of the previous Board. Johnex was in fact financed, built and completed under the new Board. From previous posts you get most of your information from meeting the previous board members for coffee. The qualifications of the current Board relative to the qualifications of your friends is just your opinion. opinion
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