RE:RE:RE:Mt Polley layoff
If you read my posts you will see that the situation is precisely what I have stated. 1) I did not state they are closing the mine. I stated correctly that as of June this year, they will cease mining. All work in the pit will be shut down. No ore or waste (mining) will be taking place. Hence the layoff of the majority of its mining workforce( not milling or maintenance personell) 2) The mill feed will be solely stockpile material that has not been run previously due to low grade and recoverability. A very difficult state of affairs with copper and gold prices finally back under blue skies....... I will concede one point you have made to further consideration. The company is indeed involved in collective bargaining with the union at this site. A shot over the bow is not necessarily a bad analogue but I do recognize that usually more than one side fires a shot (s) in any battle. Perhaps I am a fool. I have considered ALL the information I have access to and provide an opinion for consideration. I am not presuming to sway an investor(s) that has already determined an investments merrits because one owns shares. Happy investing to all in the new year!