GREY:GBRIF - Post by User
Post by
dmack17on Jan 31, 2008 1:39pm
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Post# 14297900
One of the problems with Saskatchewan
One of the problems with SaskatchewanI have been to Saskatchewan and found some problems that may affect Golden Band.Due to the booming oil industry, there is a critical shortage of workers and more specifically skilled workers.Factor in Saskatchewan's pathetic wages and the baby boomers retiring and they may have a very hard time attracting workers to this frozen northern wasteland.Saskatchewan
is a firm beleiver in underpaying it's workers and treating them poorly.As such I expect many delays as the labour shortage heightens.Bear in mind Saskatchewan
is considered by many Canadians as an undesirable place to live ,factor in their low wages and increasing cost of living and they may not be able to find the work force needed.I believe that is what the stock is pricing in,now stuck in limbo for years.