General Ledger TetraTech explanation
posted on
Apr 07, 2012 12:29PM
This explanation given to GL by Mike seems to be rather obvious. In fact it is the only explanation that fits the facts. To me it has been obvious since I cooled down after the initial shock. I have been following around 20 Venture mining juniors for the past year. The majority have had similar problems, not only with TT, but with the whole consulting and assaying industry in Canada. This is a real and serious problem with the industry. My opinion is that this is a significant reason the CVE has fallen way behind other North American Indices. It has even affected CVE companies in other industries, i.e. Guilt by association.
Maybe this public blaming of TT will act as a wake up call to tje entire industry. I don't, for a moment, believe that this problem is limited to TT.
Rip