Ryan Irvine
Kinetex Resources
KTX.H-X
COMMENT
Jul 09, 2008
Interesting company and on his monitor list. High-end seismic services to the mineral exploration and oil/gas industries. Lost money last quarter but recently announced a contract for about $15.6 million for a Saskatchewan private based potash company. This contract is worth more than its total revenues last year. When he can see guidance from management that they will break through the profit level than he would be a buyer.