RE: WOW! Taking care of your very last friend!are you a laid off worker? at least this guy is paying divendends and not taking the money through bankruptcy like stelco, slater, ect... at least they are investing back into the company in a hard time, not even mittal will invest back into the company..
vic is a smart guy look at his career.
i think they are going after HSB.. wait and see. they are the only major steel producer in canada, not already bought up by multinationals.
having said that i think they need to refocus on lakeside operations - pipemill. natural gas is at a rock bottom, and their bread and butter OCTG is dead dry right now, with massive stocks on the west coast and deep south..
word on the street in welland (not that i would step foot in that town), is that they are hurting really bad.
reduceco2