Thank you, Mr. Chairman. Mr. Chairman, obviously there were some negotiations and discussions between the department and Royal Oak, as to what exactly would be needed to keep them alive and Giant Mine open. What I am wondering is, what was that basic price of gold, at the time Giant Mine suggested that for $1.5 million they would stay? My point to this question, Mr. Chairman, is, if it drops below this certain price of gold, and Giant Mine pulls out, do we loose the $1.5 million? This would be mine concern at this point in time. What was the price of gold when Giant Mine agreed that $1.5 million would keep them alive?
Vince Steen on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on September 24th, 1998. See this statement in context.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
September 24th, 1998
Page 219
See context to find out what was said next.