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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 Jul 10, 2014 10:36am
153 Views
Post# 22732388

RE:RE:RE:RE:STOP WASTING SHAREHOLDERS' MONEY

RE:RE:RE:RE:STOP WASTING SHAREHOLDERS' MONEYDean,

Please advise why there has been no update/followup on a loosely worded Release indicating a JV with an unknown party in western Canada.  Seems very strange. Stalled out or on track? Often no news is bad news.

Second, a Release indicated a ramp up in BB case production without indicating actual sales excepting the initial Release of a $750K purchase. No other announcements since that time. It would be nice to have some sense as to how things are jelling on this fundimentally important front. Is NXX close to running a second shift or were the predictions of demand optimistic?

Thirdly, Fabrice indicates that NXX is seeking financing/equity. Why?  Is further dilution in store for us?

Lastly, why were the results of the Board election not tabled?

Seems like we are treading water here. I guess we will see if there is light or a train at the end of the tunnel shortly.

G Anderson, shareholder 
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