EXPM:HRTFF - Post by User
Comment by
Homestoneon May 14, 2021 7:13pm
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Post# 33208683
RE:Default on debt payments within 3 months
RE:Default on debt payments within 3 monthsLots of companies use contractors along with their own workforce.That is nothing new.The labour pool is very tight in the mining space and it's hard to get and retain the right workers.As for Appian and BNP taking over the mine ,Appian and BNP are investing and banking companies,they don't run mines.I think New Gold saw the potential and got their foot in the door.Why else would they put in 25 million? Frazer said all options are open including a sale.That could very well happen.There is so much upside potential with the mine and the property but they are plagued with operational deficiencies and financial problems.I couldn't begin to predict what is going to happen going forward.GLTA