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Gold/Mining/Energy : Copper Fox

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To: Metacomet who wrote (9339)3/25/2015 1:32:46 PM
From: louel1 Recommendation

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Hog Head

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Other than on the surface. When it is a choice between satisfying your share holders or, unlegislated environmentalist concerns. I can tell you profits come first.

For energy, It will change when people stop driving cars, Refuse to travel by Air, Do not purchase goods delivered by truck or transported by rail with Diesel locomotives, and do not purchase food that was planted & harvested by machinery.
The world military defense systems who's fighter jets and bombers don't move with out fuel are dismantled.

Manufacturing plants, Factories and Smelters that produce Copper, Steel, Platinum and other commodities from raw resources. No longer use electricity or heat generated from fossil fuels. Because the world endorsed Nuclear power reactors or invents something as a replacement. And when investors can no longer make money from investing in oil companies.

Plus they invent an honest politicians who cannot be bought off. 100 years ago, Upton Sinclair wrote this,
"It's difficult to get a man to understand something if his salary depends upon his not understanding it." Al Gore repeated it in his 2006 " Inconvenient Truth " documentary.

Until then its business as usual. Not much will change in your life time or mine. It will eventually. But it will take decades.

One of my sons works at the Cenovus Energy Christina Lake project. (Google it)

Even with the lower price of oil this 20 year project is still in full swing. More than 1000 personal on site. His wage is just under $500 daily. Plus board, room, paid air flights to & fro. and 1/2 day travel time paid to BC each 9 day shift.
Oil prices will come back Not only Teck & Suncor who's production costs at Foothills after completion will be a low $28 to $30 per barrel are counting on it.
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