Re: We just can't accept it'

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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hammy

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Re: We just can't accept it'

in response to

We just can't accept it'

Sudbury Novice

posted on Jul 11, 2009 09:58AM

I love how these guys are about give up about 5000 month in earnings for their "principles". Even if Vale does concede (highly unlikely in my opinion) it will take years to recover the lost income. The LME stock is at a record high and the union has very little bargaining power.

This is going a very long strike and a year from now I think they will be wishing they signed this contract as the local 6500 may not exist after that.

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