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Gold/Mining/Energy : GOLDCORP (G.A) & CSA.A

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To: wayne who wrote (26)	10/19/1999 9:08:00 AM
From: Just G	Read Replies (1) of 89

NP says Goldcorp steams ahead Goldcorp Inc G.A Shares issued 71,557,679 Oct 18 close $9.40 Tue 19 Oct 99 In the News The National Post reports in its Tuesday, Oct. 19, edition that Goldcorp says it is steaming ahead with development of its Red Lake mine in Northwestern Ontario despite its failure to resolve a 39-month strike by unionized workers. The National Post's Briefing column reports that Goldcorp, which is keen to begin exploiting a newly discovered orebody at its mine near Balmertown, Ont., says a recent decision by Local 950 of the United Steelworkers of America to reject the company's latest contract offer will not delay development of the project. On 'Friday, the Steelworkers narrowly rejected Goldcorp's offer, which included wage increases and what the company termed a "generous severance package." The paper neglects to say that Goldcorp is asking its striking employees to resign and reapply for jobs when the mine reopens in Nov. 2000. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

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