Post by
billr861 on Mar 13, 2019 5:01am
Response from Carroll Moore!
"We believe you are referencing the press release dated: MONTREAL, Qubec – July 3, 2018. In response to your questions: The plan is still to build a 5,000 tonne/year Tech Center in Bcancour. There has been no change since the press release. Carroll Moore, COO Argex"
Unfortunately, he's wrong. July 3 release is about filing for the patent in the US and says nothing about Becancour so the release is still missing in action...it's just not there anymore and someone knows why. But Mr Moore did confirm that at the PRESENT time there has been no change in the plan to build the tech center....we will see what develops by April 1st, things might change then since it will no longer be.......the present!
Of course the bigger issue at stake here was always the big plant, not the little one and I didn't ask directly about it but I'm sure the response would have been the same, confirmation of plans to build it.......but if they don't have any real estate to build it on, then...well....uh huh. I still think something has changed and we'll find out more after this Viet deal gets done.
I did check every press release from all of June and July on the off chance he simply wrote down the wrong date.....nope, it's gone gone gone.
But it was nice of him to address the issue. It's not too often we hear from one of the big dogs directly, so thank you Mr Moore! Too bad he couldn't find the press release either.
Comment by
Ontario1 on Mar 13, 2019 8:40am
What is your problem? The Tech Center is being built and that's good.
Comment by
moonlight1 on Mar 13, 2019 8:55am
Is there a timeline for the tech center? I believe construction was supposed to start early 2019? Appears all these plans may be tied into the JV with Vietnam and nothing is coming out until that is released...........
Comment by
Ontario1 on Mar 13, 2019 1:33pm
I why you can't wait tilll the end march? Do you believe with this endless discussion the share price will go up or what is your intention? Do you really mean acceswire or fscwire will cancel NR??