GREY:VITFF - Post by User
Comment by
mdjbrownon Aug 19, 2024 10:45am
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Post# 36185878
RE:YTG thinks Eagle can restart - the rub - under new owner.
RE:YTG thinks Eagle can restart - the rub - under new owner.This comment pretty much sums it up Husky.
"Despite the likely long road to rehabilitation, the government is optimistic that not only can the site be restored to the state it was in before the accident, but that production can restart at some point. The restart of mining, however, would likely have to occur under a new owner."
Once the slide occurred, VG was on very borrowed time no matter what they said or did.
This expedited receivership move effectively ensures a lot of dirt by the many entities involved in the mine failure is swept under the rug, never to see the light of day. VG falls on the sword, and all involved including FNNN, YTG, and the engineering firms who approved this mine live on to see another day.