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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 AbNormAlon Apr 30, 2014 5:04pm
130 Views
Post# 22509568

RE:STOCK GOING UP???? FROM 60 cents to 52!

RE:STOCK GOING UP???? FROM 60 cents to 52!
Didn't say  I was satisfied with the current stock price. Far from it.  I can say that I appreciate today's bounce based on favourable sales over stagnant (read:depressing) past performance and opaque press releases telling us of fuzzy jv activity with an undisclosed western partner (why bother with that release!).  As a holder of the stock for a couple years now I am most assuredly not impressed with the stock price - NXX has been dead money plain and simple.

Simply put,  the business model appears to be headed in the right direction, yes, under current management. You can moan about dilution, but the company is what it is - if you don't like the prospects move on sailor. Looks to me as if there is some coin to be made. GLTA
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