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To: goldsheet who wrote (80961)1/20/2002 10:00:57 PM
From: E. Charters  Respond to of 116764
 
Yes, I did work in Kearns, ON. I was one of their key employees in the late 70's. I used to know the superintendant of the UG, Teal who told me there was more gold left in the east drift than had ever come out of the mine, but they needed 300 million dollars to develo0p it. They also needed licenses for air and riparian effluent discharge from the federal government, that Trudeau's liberals would not grant. Anglo-Saxon control of the Gold mining industry through Brascan and Hollinger-Argus (C. Black) did not sit well with him and killing those cash cows was a concern of his administration. If the mine had been in Quebec it would not have surfaced that these environmental controls were a problem.

Today I am aware of two technologies that would make these effluent concerns a triviality. The Blaine of the water could be reduced and the heavy metals completely abated. The air could be cleaned completely of SO2 to .05% discharge. However Kerr-Addison was not anxious to report drilled off grade, always 7 years ahead of production for fear the regimes would see it as an asset to be taxed, despite its wasting character. When the mining stopped, the reserves were unknown to all but a few people. I was given a mining and stope plan for the mine and told never to let it fall into anyone's hands. It was stolen from me when I was at Haileybury School of Mines. I believe commercial interests got a hold of it.

They need oil as a political weapon, so they simply stand in front of the pump with a gov't purse, and you have to fill it. The pumping they want to maximize, so they allow the less profitable drillers and pumpers to maximize flow with generous depletion allowances. Gold they do not have that grip on, so they have taken to driving down the price. As long as the electorate is uninformed, or generously bribed as the PQ are, democracy is far more manipulatable and financially successful for crooked governments than any sort of communistic or totalitarian rule.

The mining industry was its own enemy in that it never availed itself of available and very good technology to abate pollution. When I pointed out to the mill manager of Kerr that catalysis could abate the sulphur dioxide, he opined that it did not work. I was astonished they could be that naive. A fellow I know has had patents on this technology since 1958 and he tells me that in fact this method would reduce SO2 output by 99.5 percent or better, at reasonable cost. If this is true, and his triple PhD in engineering leads me to believe it might be, then it is apparent that generations of politicians and government people have simply lied to us when they said the companies and utilities could not reduce sulphur dioxide to less than say 60% abatement with present technologies. 99% or better has always been possible. The only thing that stood in its way of universal adoption was a patent. Acid rain has been a 30 year scam perpetrated by people who saw an opportunity to bribe, lie to and lie about politicians in order not to pay a royalty to save the environment. In many cases the politicians knew no better.

Particularly egregious was INCO, who paid Walter Curlook millions to develop a far inferior technology over the course of 20 years while billowing out a totally unecessary 700 tons per day of SO2.

Today they want awards for wasting the forest and lakes of Canada while they piddled around telling everybody that it was impossible to do better. They could have saved us 7,626,675 tons of pollutants in the meantime if only they could have told the truth. If one politician or scientist had the brains or guts, they could have been exposed. If one newspaper cared about the truth or investigated what mattered, instead of chasing kittens in trees, we would not have to listen to or stand under the acid rain drivel of the past 30 years. Lord help us everyone.

Ah yes. There are about 40 million or more tons of .25 ounces per ton gold left in Kerr Addison Mine. Don't exepct anyone to verify that for you.

Even with all the techniques of pollution abatement, a good Gold price and the money to do reopen the mine, I fear that going into big gold mining at this time would be unpopular politically and it would be hard to do. The government is also concerned so they say about silicosis and its effects. This is on the rise in Ontario and is actually epidemic in Hemlo. They no longer use aluminum dust prophylaxis, or therapy. Invented by the McIntyre foundation in Ontario, it became unpopular when its efficacy was questioned by some U.S. engineers who had never used it. The Silicosis pension payed to the federal government in 1977 by Kerr Addison mines was 12% of salaries.

One of the above statements is untrue.

EC<:-}



To: goldsheet who wrote (80961)1/21/2002 2:45:53 PM
From: ild  Read Replies (1) | Respond to of 116764
 
Bob, According to mips1.net Normandy and Anglogold have lifted 5,300,000 oz of hedges since September 2001. I'd expect that such a transaction would push gold much higher than it has been. What's your opinion?



To: goldsheet who wrote (80961)1/21/2002 9:14:53 PM
From: long-gone  Read Replies (3) | Respond to of 116764
 
OT
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