Massey Energy is closing a coal mine — not because it is so dangerous that the Labor Department requested a judge’s intervention, but, well, for other reasons, says Massey.
Perhaps no longer profitable? Perhaps a liability? Perhaps a PR fiasco (recall that Massey owned the mine in which 29 miners died in an explosion in April.) Nah, in this case Massey “continues to believe the mine is safe”. Yep. Right.
Perhaps someone’s Canary Collection was being depleted more quickly than desired? I dunno.
Message: pressure works.