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4/1/18

Why Torex Gold (TXG.to) doesn't want to deal with Napo

First Majestic Silver (FR.to) (AG) has just agreed on a 14.5% pay rise for its workers (7.5% direct on salary, 7% on sliding scale bonuses), the deal brokered by the union run by Napoleón Gómez Urrutia, aka "Napo". The same union force that Torex has refused to allow into its operations in Guerrero. And by way of cherry on the cake, Napo happens to be a staunch support of Mexico Presidential election frontrunner AMLO.

Does it comes as a shocking surprise to find out that FR understands how to do business in Mexico better than TXG?