Quote:
Originally Posted by roryn1
I think that although it looks like they are learning a LOT, it’s key to note that long term this group will definitely be learning from these new challenges for their team - for other future projects. I find it amazing that they have this type of capital compared to our other either capital poor or unfocused developers that haven’t proceeded with projects. Call them crazy or whatever, but it’s like building the world’s tallest tower to this team - it is the most expensive condo project in Saskatchewan’s history and with that comes a lot of learning. It reminds me of the mistakes being made when engineers were building the first billion dollar canola crushing plants in the province - look at the crush market now - propelling our economy and turning Sask into a Canola Importer 
it also reminds me of the HBO hit The Guilded Age - new railway investors demolishing/bankrupting older railroad investors that stayed stagnant to try and ride a duopoly industry. |
Huh? A general contractor can't be bumbling a project learning on the way. They will never get another one. This will be Baydo's last if this is what has happened here.