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Tuesday, March 4, 2014

Peter Crossgrove on BNN


What I will give you is a link to Peter Crossgrove, former CEO of Placer Dome, on BNN:

part 1
part 2
part 3

If you like watching an old man put the boots to them young whipper-snappers at Barrick, he's the guy. Quotes:

"Most of the directors of Barrick have never been to a mine, and if they did, they wouldn't know what the hell they were looking at."

"You have mining executives that have been pissing money away by the millions and billions of dollars to build bigger and bigger mines and not better companies."

I guess in a way he's just doing the easy and popular thing right now.

In any case, it's good to listen to an old man complain about the kids of today. And Crossgrove definitely seems like an old-fashioned guy who actually likes to run a company hands on.

And you can see there's a bunch of people at the BNN booth hanging on every word he's saying.


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