OTCPK:SPVEF - Post by User
Comment by
ProtectTheQuanon Oct 19, 2018 3:51am
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Post# 28832691
RE:RE:RE:RE:RE:RE:RE:RE:reducing cost
RE:RE:RE:RE:RE:RE:RE:RE:reducing costLet’s just say the GM has a reputation which goes back a few mines. The mining community is relatively smal compared to other industries and skilled people talk amongst themselves. Those that haven’t worked for the GM simply contact someone that has either worked or heard of him. Although he can getv125% in the middle of summer he can only clock resources at 125% for so long before personal or equipment risk getting hurt, danaged, or destroyed.
I also live in N.S. and the unfortunate thing about a drive in drive out mine is that once you get a bad reputation it travels fast. People that work, contract, and supply the company talk about what a “cluster ....” and “... show” it is. Their words not mine. It’s a small community and the talking point at gathering is what new spin will they put on something next. Hopefully Beedie will come in and clean it up in time to keep the current people working and attract new people. Wait to long and they won’t have any skilled labor willing to take a risk on a mine near the end of its money pit.
As far as the 3% turnover. I don’t know how they calculate it. Contractors likely won’t count so that will help. If it is as low as 3%, then it only matters what those positions are turning over. If you take a look on indeed it’s not hard to see that the empty positions are pivotal to the success of the company. Interested? Read the reviews. Here is a list of the active jobs they currently have. Does it look like 3%? It looks like the front line people that take the heat when the manager does not achieve 125% on grade and on budget. How long will they maintain 125% without these people working in the wet, windy, cold NS winter?