Lost in the happiness is. shifts more amenable to employees lifestyle at a site with at least one mine based on a 10year mining life and more heading that way means to many employees security beyond a short term milk it job. For that they may accept fair pay instead of hunting for the next job or the highest paying one. Getting rid of disposables also means you get to eat off real plates and use real glasses,very much another sign of permanence. Employee churn is expensive and so are contractors used to fill holes in Manning which hacks off your lesser paid employees more. They are now gone.
IMHO It also means it is only matter of time before a big zero appears behind current prices.
One for a bottom draw only as long as one very unassuming man stays in control. I also think he was forced to announce the current status in his plan by his board. I rather think he would have been happier just to get on with it and let the end results speak for themselves.
WGX Price at posting:
85.5¢ Sentiment: Buy Disclosure: Held
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