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Bullboard - Stock Discussion Forum Nordex Explosives Ltd V.NXX

"Nordex Explosives Ltd is engaged in development, manufacturing and resale of explosives products in Canada."

TSXV:NXX - Post Discussion

Nordex Explosives Ltd > 18% !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
View:
Post by withoutabias on Nov 28, 2013 2:05pm

18% !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Ridiculous! How could they enter into such a deal? My unsecured credit cards carry lower interest rates!

I must reiterate, that changes at the board level and management must be done quickly if the shareholders want to realize return on investment!
Comment by AbNormAl on Dec 03, 2013 10:01am
Looks like management isn't that dumb afterall. Temp loan paid off, government subsidy on side, nice sized BB initial order.  Next stop, reduced input costs. I don't think shareholder activisism is going to go far at the moment.
Comment by withoutabias on Dec 03, 2013 12:06pm
What world are you living in?  Paying 18 % when the interest rates are about zero is dumb, even for temporary loan.  Johnex products are t he best in the world (I know that from my mining experience in Australia) and Nordex will do very, very  well with sales of perimeter control explosives. Sales of Johnex products in North America should exceed the rest of Nordex sales).   ...more  
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