Among other assets, Cabot Corp (CBT) owns the Tanco Mine in Manitoba, Canada. What World Complex has to say about what’s going on over there is more than eye-opening and should be a big red flag for the whole Canadian mining sector, not just owners of this company’s stock. Here’s an excerpt to whet your lips:
“The main difference between the new plan and the original plan is that the new plan is considerably cheaper, but risks the lives of the miners (especially given the company’s operating record). But what do the lives of miners mean when almighty dollars are at stake?”
Full article here. Today’s mining must-read.