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Gold/Mining/Energy : byg

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To: Gramps who wrote (647)1/2/1998 5:51:00 PM
From: Wilhelm Hansen  Read Replies (1) of 769
 
Here is what I have heard before Christmas:

The water problem has been solved. Bio test is ok.
Production to resume in Jan/98.
BYG was too fat which resulted in a financial squeeze.
Graham Dickson took charge to make BYG slimmer.
Total workforce reduced from 107 to 50 employees.
Offices in Vancouver and Whitehorse closed (or will close).
BYG to operate from the offices at the mill site.
Annual report to be out by the end of January.

By my estimation these austerity measures will save the
company $2,000,000 or more annually. Sounds good to me.

Happy New Year
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