anglo american plc. seems to be suffering the consequence of unrestrained growth, increased debt. after enjoying many years of record profits they seem to be another victim of the slowing economy by not maintaining any financial cushion. its getting heavy out there.
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any business take head
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We aren't there yet. Bone picking will commence next year. This party is still playing the last song. The room is just starting to clear out.
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Vale has said not now to a proposed potash mine at Kronau east of Regina, for now. Seismic, test holes and land has been bought already. You got to wonder if and when. How much room is there? Exisiting plus two other new ones have been started, Bethune and Jansen.
Maybe they did take heed.
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