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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 Bboomer2on Feb 12, 2016 11:48pm
255 Views
Post# 24555169

Jim Taylor in Las Vegas

Jim Taylor in Las VegasAs shareholders in Nordex we should think about what Mr. Taylor was doing in Las Vegas presenting himself  as President of Nordex.

Giving him no credit for ethics we can assume we paid the bill for his week in Sin City.

If that is the case, what benefits did he expect Nordex would enjoy from his week?  Did he expect to find new customers for Nordex Explosives in Las Vegas?  Wouldn't he have been more likely to find new customers or renew current customers in Kirkland Lake and N. Ont? For example, now that KL Gold (Dyno Explosives customer) owns St. Andrews Gold (Nordex Explosives customer) and both these contracts are due soon, should Jim be working on the KL Gold contract?  or does he think Duncan Middlemiss will be in a position to hand Nordex the supply contract again?

Perhaps Jim was in Las Vegas looking for new products that Nordex could market..  Given Jim's record of bringing the unmarketable Butt Buster to Canada at some significant cost I don't think he's qualified to make these decisions.  Even if he had found someone with a solid gold guaranteed success product looking for a distributor in N. Ont  did Jim think Nordex could pass the mandatory credit check any potential supplier  would require?   I doubt that Nordex could come up with 3 credit references to enter on the Credit Check.   Certainly that printer in Kirkland Lake wouldn't be high on the list.

It's time for the board to make the call here.  Surely one of you is reading these blogs.

Give us some support.  We didn't buy Nordex stock so Jim could live the good life while we're looking at our capital loss situation
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