RE:Desk topI was up there near the end of last year and saw the water line pipes being installed from Lake Temiskaming over to the Yukon facility. Got to see it up close as it crossed the road that we were on, HWY 567, the Silver Centre Hwy. Massive install, huge money outlay. I suspect most of the constrcution followed that same mantra, regardless of the finish line.
The update is clear; they are far away from finishing this thing, need more money to do it, and don;t know where that cash will come from, since the debt level is already quite substantial. The "going concern" tag their auditor included in their financials is VERY real.
Could the Yukon/UC/FCC/ELBM building once again return to White Elephant status?