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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 > Give credit where credit is due. Jim Taylor Luciani O'Reilly
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Post by Bean_and_Dunn on Apr 23, 2015 5:51pm

Give credit where credit is due. Jim Taylor Luciani O'Reilly

They were the ones who organized that whole scummy deal. Then there is that untrustworthy lawyer who was paid huge, huge dollars. They were all in cahoots with All Group and they should all be replaced. 

Look at how they p'ssed away the Melba property. Does anyone see any progress on that? I can't find any mention of it anywhere. Levesque had a signed agreement with the Hurds in 2012. The present board really messed this up. 

Then there were those detonators that kinda blew up in Taylor's face. John Kozak got the ball rolling to find a cheaper source of supply. But Taylor and company forgot to adequately test for cut offs. It turned out that no mining company would use those detonators. Cut offs, write offs. Levesque was doing a good job to get them replaced when O'Reilly Luciani Taylor the lawyer and All Group pushed him out. That wound up costing sharehoders dearly.

Remember the UGLY 4th Quarter of 2013? Heh, Mr Enterpreneur of the Year take a deep bow on this one.

So when will those long delayed year end results be out?

I am definitely not voting for any of those directors.
Comment by withoutabias on Apr 25, 2015 2:36pm
Very good posting. Obviously from someone who has the knowledge and understanding of this company. Totally agree with Melba assessment. The current board blew the opportunity. On the subject of detonators: the previous board did act well. For the company that uses close to a million of them a year competitive suppliers list  is a must. It appears that Taylor messed it up as well. No ...more  
Comment by Irishdano on Apr 30, 2015 11:08am
As more and more ug mines are staying with or returning to Anfo in development mining the ButtBusterès premium price isn't attractive.   Other than that large sale to the diamond mine no one is using them. Taylor blew it on not promoting this Cadillac product.  It could have been a bottom line saver. Maybe his successor will see this
Comment by AbNormAl on Apr 30, 2015 11:17am
Anybody see light at the end of the tunnel in this name?
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