Mahsi, Madam Speaker. Yesterday, I made a Member's statement concerning emissions from Giant Mine. This morning, I noted two interesting news stories. First, on the radio, the Minister of Renewable Resources reacted to my statement by saying that Giant is on its last legs. It seems he was implying that we shouldn't expect Giant to spend any money cleaning up its emissions. However, in yesterday's Yellowknifer, there was a story that said Royal Oak Mines posted a net income of $15 million in 1993. Royal Oak's manager of investors' relations, Graham Eacott, was quoted as saying Giant Mine has many more years of life. Figures in the news report suggest that Giant has at least eight and as many as 20 year's worth of reserves.

I would like to ask the Minister of Renewable Resources why he stated that Giant Mine was on its last legs? Thank you.