Post by
traxbyweb on Feb 06, 2014 8:59am
Week past there expected date to release an update.....
It amazes me how management can not release something on why the delay of providing an update or get an update out on time. After some real poor performance managment confidence is something they need to protect and not think it doesn't matter by missing their own set date for releasing an update.. Professional traders invest in management and then in the projects they have, without good management it doesn't matter how good the project the share price will not go far.
Comment by
waytoomuchred07 on Feb 06, 2014 10:28pm
Just wondering if anyone has tried to contact them to see why they missed the date? That might be a first step. As for cold weather slowing them down, no. Everything is heated to 60c right away. Tanks and above ground piping is all well insulated, and the pipelines are two meters deep. Everything should bring flowing smooth and I believe weather is a poor excuse.
Comment by
roscoe74 on Feb 07, 2014 11:27am
OK, I agree with your assessment from that point of view. A microcap with $6 mil left on their credit line should not be making any mistakes and you have sussed out a very avoidable one.