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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: tyc:> who wrote (60150)6/30/2008 2:35:01 PM
From: philv  Respond to of 78405
 
"when the social need is so great"

The banks don't care about social need. That is the government's duty, and they aren't saying much and doing even less.

The layoffs in the Forest Industry these last couple of years have been astoundingly huge, the article below says 20,000 jobs since 2001. That is with a population 1/3 the size of Ontario. If those kinds of numbers occurred in the Auto sector, there would be no end to screaming.

While sawmills are shut, Pulp Mills going broke and others taking down time, all you hear from the government are the 2010 Winter Olympics. But raw logs are still being exported. And construction is reportedly still strong, but you know what can happen there.

cnews.canoe.ca



To: tyc:> who wrote (60150)6/30/2008 3:51:41 PM
From: onepath  Respond to of 78405
 
Both pulp and paper mills are shut down in Mackenzie as well and thier last sawmill(Canfor) has just shut down.Bleak but hope does run high for some of the major mining projects.My thought is that money for the projects will be the last of the long list of items needed to move a project like MtMilligan along.Environmental assessment and alignment of all effected parties(land claims) the two biggest hurdles at the moment.Part of a long slow process but if TRX's MtMilligan can not make it to a mine there is little hope for most of the others.Still buying more TRX and TRX.WT.