GFR
GREENFIRE RESOURCES LTD
stock TSE

I used to live in Hamilton and I vividly remember when Stelco got bought out by US Steel in 2007. They promised the feds that employment would remain the same for the first ten years after purchase. The amount of times they idled the plant and laid off within the first five years was immense, with some making sense given the 2008 GFR ensuing a year later. US Steel idled the plants to try to get out of certain pension obligations and "declared bankruptcy" to lay-off even outside 2008. Hamiltonians' fears about an American company moving operations southbound aren't unfounded

I used to live in Hamilton and I vividly remember when Stelco got bought out by US Steel in 2007. They promised the feds that employment would remain the same for the first ten years after purchase. The amount of times they idled the plant and laid off within the first five years was immense, with some making sense given the 2008 GFR ensuing a year later. US Steel idled the plants to try to get out of certain pension obligations and "declared bankruptcy" to lay-off even outside 2008. Hamiltonians' fears about an American company moving operations southbound aren't unfounded