Thursday, April 24, 2008

A Few Details on WHY...

Why the P&T delays? The US is a little annoyed over APP's record, one of it's agencies first wants $104 million it's owed out of $14 BILLION in loans APP defaulted on in 2001.
--link

Meanwhile, Staples has turfed APP products from it's line over environmental issues.
--link

We're being asked to have faith, but the Devil We Knew (Canfor) is looking good in retrospect! But Time Has Been Called... one month... May ... either P&T opens, Mt Milligan issues are completely resolved OR ELSE.
June 1st, as the school year ends, every out of work family will have to choose. Walk away and start again somewhere else this summer (before the EI runs out too), or sit here 'having faith' in parties and corporations who have so far failed to show they deserve any.
One month to STFU and clearly state: this is what we want, we want it NOW, do we get it or not.

More Delays Ahead for P&T Sale?

Pope & Talbot's sale of Mackenzie and Nanaimo pulp mills, and a Fort St. James sawmill to an Indonesian-based company are expected to be complete by end of the month, but there are issues to be resolved, according to the latest PricewaterhouseCoopers monitor's report of the company's bankruptcy.
The report, filed on Monday, notes there are several outstanding issues that may delay closings of one or more of the transactions beyond April 30.
....
There are similar issues around the sale of the Fort St. James sawmill, and the report notes that several meetings between the government, various First Nations and PT Pindo Deli have also been scheduled this week over that transaction.
---full text PG Citizen
MEANWHILE:
The unlogged trees dying from the pine beetle will be responsible for releasing 1 billion tonnes of CO2 into the atmosphere, more than Canada's entire transport sector.
Here's a short version of a CBC report from Opinion250.com
While the feet drag, the worse things get!

Thursday, April 3, 2008

Now P&T Sale Drags On.........

Well we're used to it, everything dragging on and on and on. Nothing in the Fort ever comes to a quick, decisive conclusion. The last post on Deadwood Chronicles contained the mine's disclosure of a 2012 date for full operation when our whole town was led along to expect a 2010 date.
Today, it's reported "paperwork" issues will delay the sale of P&T, which we were all awaiting Friday, until the end of the month.
Well we live with this every day. As we hear around town, everything is slow. We even 'only pay' for overnight courier service here. We'll put on our phoney smile and revel in the photo on the front page of our local rag that both levels of government combined have managed to cough up enough money to almost buy one of those P&T worker's foreclosed homes so we can fill in the potholes and make new sidewalks to panhandle on.
----story from opinion250.com

Tuesday, April 1, 2008

Favorable Report for Milligan

Terrane Metals announced on Monday that the final feasibility study for its Mount Milligan project near Mackenzie favours it as economically and environmentally sound.
Terrane still must conclude negotiations with local first nations and obtain environmental approvals from the federal and provincial governments.
It will also need financing.

Pending those approvals, the mine could be in commercial production by early 2012, Terrane president and CEO Rob Pease said in an interview.
So much for "next spring"??
--excerpt from Vancouver Sun