RE:RE:Windsor salt factory built in 1948 closing in Alberta Agreed, it will be challenging for North American competitors who own legacy mines with significantly higher operating costs and greater operational risk.
Crunchy2chew wrote: It is never joyful when things like this happen. It will cause great impact on many peoples lives. But it is like Rowland said other mines are long in the tooth and sre getting very expensive to operate. This is like the third mine that is closing that we have heard about in the last couple of months. Pugwash NS mine is on its last few years with the recient union contract being the last (or second last).
Atlas is more valueable then most think it is. The mine is like a shinging star in the salt industry. We will ride it to the stars because of a perfect storm of positives from stellar management to a perfect location and awesome quantity/location.
$76++ dollars per share on buyout