RE:RE:RE:I don't remember reading about THIS? Crazytimes, no I don't think it cost $30 milion to clean up a 14,000 ton slide (if that's what the former employee is referring to). First of all, if the clean up cost $30 million, the EMR would definitely have been involved and that then leads to the question of, if they knew there was instability issues with the pad and let work continue, then this whole slide issue now becomes a huge liability for the Yukon Government because ultimately they are responsible for the environment and the safety of Yukoners and VG company employees. The HLF Manual link I posted some time ago lays out all the tasks and responsibilites of EMR and the company (in addition to a whole lot more important info).
It goes without saying that former employees, are not necessarily a reliable source because despite what they think they know, their view isn't always accurate or correct because they don't have al the pieces of the puzzle (kinda like this board...lot's of opinions, short on facts). I worked in a large agency for over 40 years and saw many times where other staff would be griping about something management was doing or how incompetent they are and many times I would have more info from upper management that helped me understand why they were doing what they were and it made sense. Managers that don't effectively communicate their actions are often seen by their employees as incompetent and sometimes they are but most times they're not.
Also, I was on the VG Annual Meeting conference call in Q1 and specifically questioned why the lack of company news (none for about 6 weeks prior to the meeting). I questioned how a company with ~$400 million a year in revenue had nothing to report in over 6 weeks? Nothing happened during that time? No material news? Sean Harvey was Chairing the meeting and didn't mention a word about any slide in January. I stated that I could understand that the company isn't going to report on day to day routine operations but that in 6 weeks something of interest to shareholders must have occurred. Nope nothing mentioned. That meeting was held on zoom and I believe may be posted on the VG website. If it is have a listen.
I did find it odd that the meeting was being chaired by Harvey instead of McConnell and now I think I know why. Of course it was the Annual Meeting so maybe it's normal for the BOD Chair to chair the meeting. And yes if that January slide actually cost $30 million then that's material news. Go ahead and report that to the SEC and see how far that goes. In the end, the CEO reports to the BOD so if true McConnell has some splanin' to do!
My opinion only.
HB77