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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: RealMuLan who wrote (25363)	11/14/2006 2:07:41 PM
From: hank2010	Read Replies (1) of 78410

,i>"but in China there is NO environmental protection" My point exactly! When you leave Vegas on I-15 south, and cross into calif. the first hill you come to used to be the site of U.S. production of rare earth minerals. Clean operation! Enviros shut it down. Now all US consumption is imported from China. "Capitalists are capitalists". Exactly! And capitalist U.S. and Canadian companies have learned that it is cheaper to do things the right way, the first time! Example Papua New Guinea: Placer Dome a minority partner in a JV when they had a major tailings spill. senior partner (the operator) said "eff it". PD said no way! it has to be rectified. Senior said only way would be if PD paid 100%. PD paid, Taylor(?)then pres of PD said it made economic sense for PD to clean it up. Look at Barrick in Tanzania. First class ops. despite radical enviros raising chit and mainstream media going along with them!

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