written by reader Wither MFC Industrial(MIL)?

By bluesharpbob, January 23, 2015

Anyone in Gumshoe land have a clue about why MIL has been taking ye olde nose dive lately? The company released this statement 2 days ago-
NEW YORK, Jan. 21, 2015 /PRNewswire/ — MFC Industrial Ltd. ( MIL ) (”MFC” or the ”Company”) announces that it is not aware of any material adverse developments relating to the Company or its business to account for today’s decline in its share price and increased trading volume.
Gerardo Cortina, the Company’s Chief Executive Officer, stated: ”We remain committed to operating our business to generate value for all of our stakeholders.”

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