Quote:
Originally Posted by Rutuu
Different business models...
CNRL sells a fungible product, a barrel of oil or volume of gas are kind of the same outside of API / heating value. Their customers are buying a raw product based on price. So lowest extraction price wins.
An entertainment experience is completely different. Who wants lowest production value entertainment? You have to invest in your customers experience to grow your share of wallet and revenue. Our ownership group is ill equipped for this type of business in my opinion.
Direct example:
Fernie has sold zero lots from their latest land release.
Revelstoke...Northland Properties (Dallas Stars owner) is doing far better with their development.
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I was just referring to the customers we had ha ha.
Govts were the worst to deal with by a fair margin.