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To clarify, I'm not easily offended my Mk18pilot - he has a high probability to flame looking at the percentage of posts.
I was working on Wall Street (Steinhardt Partners) when Colt came for re-financing and I was one of the analyst reviewing their due diligence. Before they officially filed for CH11 in 1992, they were illiquid 4 times. Not bankrupt but very close to it - but had enough working capital and assets to leverage for a revolving credit model which we participated in. If I remember Bear Sterns was their lead syndicator for the private equity placement.
As for the 4,000 a day, I actually read it on this forum and the pics had parts piled on each other - not my preferred way of doing things.
In a conversation I had with Ken Elmore at SAW about 9 years ago, these were very common in older Colt M16s and represent aluminum slag that gets into forging dies. These pieces are then pressed into the raw forging.
I have a Colt M16A1 that had many of these along the right side of the lower reciever. They looked like 2-4 mm pimples under the gray anodizing.
I would personally send it to Colt and ask that it be exchanged.
Last edited by JoshNC; 09-12-12 at 23:47.
You frame his reply as a "flame", but when you come to this group and make asinine generalizations like "Colt quality control sucks", which shows everyone how little you clearly know about the subject, you have to expect the sort of responses you've received here.
If you base your assessment of quality on cosmetic flaws, and some photo of how Colt handles components during manufacturing, you've missed the point completely. Spend the time to read the content of this site, and you'll see why.
Also, I don't know why you're considering the financial state of the company 20 years ago as relevant to their current production and QA.
Last edited by everyusernametaken; 09-13-12 at 00:13.
Like I said, Colt does stuff their way because they produce more rifles than most any other company and they do it fast and with good CQ. The people who use Colt's do not care about a ding here or there, when you buy Colt you know you are getting a top quality rifle that will be a work horse, like I said, DPMS has great fit and finish but their rifles generally break down earl.
I will say that Colt makes a fine running AR. They seem to function well from the factory and many years down the road too! My dad has his and I think it was purchased in 1992. I don't know how many rounds have been through that poor pony but it's in the 4000 to 6000 range. It has never jammed, stovepiped, or had any malfunctions that I know of. As far as looks, my dad wouldn't buy a rifle that was scratched or had a poor finish. He is even more anal retentive than I am, and I pull every thing on every sunday to oil and check over.
Now for the sad. It seems that a new thread pops up once a week or so about a cosmetic problem or blemish with someones new Colt. Is this because money is tight and for most and a $1000 or more rifle is a stretch? Maybe, or maybe people have started to look their rifles over more carefully and things that were a minor anoyance before are closely scrutinized because "for the money" means more now than it did a few years ago. Who knows. If I was running any company and I had a well known product I would be sure to crack down on the visual inspection part of my QC if this was coming up fairly often. I get it, you put down hard earned cash and expect perfection. I find nothing wrong with that.
Everybody has returned something for less than stellar workmanship or function. I'm sure Colt will make it right if they are given the chance. After all, you don't get such a great reputation if you have bad QC and bad customer service.![]()
Grrrr... This site is running like an LWRCi gun.![]()
Last edited by markm; 09-13-12 at 08:59.
"You people have too much time on your hands." - scottryan
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