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Gold/Mining/Energy : Thermal Control Technologies Corp TCT (was Redux Energy)

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To: Jim Wood who wrote (964)9/8/1999 5:50:00 AM
From: John Gorham  Read Replies (2) of 1208
 
I agree that the length of closure of the Calgary office cannot be accounted for by inventory taking. In any case, inventory normally consists of the goods in trade. Is any manufacturing now done in Canada?

I no longer believe they are taking inventory. (You might say, Jim, that I have pulled my head out of the sand.) In the absence of straightforward information from the company itself, we are reduced to speculation. Is the company no longer in a position to pay the Canadian salaries? How would this square with the fact that Prescott seems to be still operating?

Has anyone spoken with either Maller or Schuler since last Thursday? I left a message on Friday for either one to call, and another message yesterday for each of them to call. I assume that none of us have managed to talk to either of them.

John
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