Mining Headaches
Grande Cache Coal has been clocked for not living up to expectations. If you want to get a sense of the issues facing mining companies take a listen to the recent Grande Cache Coal
conference call. Some of the challenges include:
Rising fuel costs
Competition for mining executives
Delays in delivery of equipment
Underperforming/undercapitalized contractors
Competition for labor with Fort McMurray oilsands projects
Hopefully management will adjust expectations to reflect the current harsh realities of the mining business. This one can bounce back eventually and unlike Refco it still trades!
It was a Jake Blues kinda call...
I ran outta gas.
I had a flat tire.
I didn't have enough money for cab fare.
My tux didn't come back from the cleaners.
An old friend came in from outta town.
Someone stole my car.
There was an earthquake
a terrible flood
locust's.
It wasn't my fault!! I swear to God!!
Not Advice
Try the Big Picture Speculator free for 30 days. Grande Cache Coal has been duly punished for not living up to expectations.
Hopefully management will adjust expectations to reflect the current harsh realities of the mining business. This one can bounce back eventually and unlike Refco it still trades!
It was a Jake Blues kinda call...
It wasn't my fault!! I swear to God!!
Not Advice
Try the Big Picture Speculator free for 30 days. Grande Cache Coal has been duly punished for not living up to expectations.