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Gold/Mining/Energy : Manhattan Minerals (MAN.T) -- Ignore unavailable to you. Want to Upgrade?


To: Albert V who wrote (4408)6/6/2002 1:08:43 AM
From: charred  Read Replies (2) | Respond to of 4504
 
Why take a chance of messing up the lime production. Flash floods by El Niño could happen. A small mine can make a huge disaster.

No doubt a mine would benefit the area for a decade but after? Flush toilets aren't the only thing. Maybe they want something more?

The main point that I wanted to make is that MAN is not telling the whole truth to you the stockholder.



To: Albert V who wrote (4408)6/7/2002 4:33:44 AM
From: peter snowdon  Read Replies (2) | Respond to of 4504
 
do we know what the land-ownership situation is in the area? after reading the NR, i assumed we were dealing with a large number of small farms (owner or on long leases) producing a mixture of market and subsistence products. in that case, i would think whether the mine takes 20% or 100% of the area is irrelevant, people won't want the principle of expropriation/selling out introduced, as they'll see it as the thin end of the wedge. mines can last 20 or 50 years; farming is forever.

and as for flush toilets, well: in most parts of the world, these do more harm than good, both in terms of water conservation, and of pollution.

still, i may be way off beam: can anyone point me to a good sociological study of tambogrande?!

p