RE:Trevali Mining Suspends Production Guidance At Perkoa MineAwareInvestor wrote: Trevali Mining Corp this morning provided an update on the ongonig search ...
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"intense rainfall that occurred in the early morning of April 16, 2022 and resulted in a flash flood that breached protective berms surrounding the open pit."
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Much speculation, generally subjective; and several fallacies.
I say again that in the market, it is a fight between shorters and longs. and everyone argues according to her position. And that is understandable. There is one who said that he sold at levels of 1.15 and disappeared, now he returns to boast.
Floods occur in the mines, and not only because of the rains of the day, the mines have water inside the rock structures, and there are pumps at different levels (sometimes due to lack of energy, logically controllable floods).
Some mentioned "because contractors are used", I have worked in mining, and in most companies contractors are used in mining work,