Message:

<p>[QUOTE=&quot;NorthKorea, post: 1989089, member: 29643&quot;]I disagree VPR. If price of production exceeds market price, even if labor is unionized, resources would be reallocated or consolidated. If contracts were in place to fill orders, orders would be filled on the open market. There&#039;s no reason to pay $40 to fill an order that will pay $25, when you can fill the order for $17. You&#039;re right that it takes time to shutdown a mine, but that&#039;s why they hire geologists and forecasters. You don&#039;t start the process to shutdown a mine when the price is below the cost of production, you start the process while the mine is still economically feasible, so that you have the option to close when it&#039;s no longer the case.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in