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Strategies & Market Trends : Winter in the Great White North -- Ignore unavailable to you. Want to Upgrade?

To: knight who wrote (2468)	6/23/2002 10:26:49 PM
From: marcos	Read Replies (2) \| Respond to of 8273

This also is true ... the parts of the regs that make sense were forgotten in the Kemess shuffle and hurry-up, i've heard about that before, at length ... it all came about from the ndp trying to sleaze out of a major court case after rashly declaring that they would 'protect' Windy Craggy ... well some believe that the environment entire would have been a lot better off if they'd just decreed stiff regs that made sense on production out of WC, instead of firing up what was clearly an uneconomic mine [at the time] at Kemess .... there was big IRR at WC, lots of margin with which to do things methodically and carefully, and the gubmint had the legal right to make regs to protect water air and soil there, to great extent ... but no, they just took WC away whiz-bang, then said oh duh maybe now the robbees are going to sue us, we'll have to set them up elsewhere ... that's the only reason there is a mine at Kemess right now, it was too low-grade for the market du jour, arguably too low-grade for today's market, absent the subsidies or hush money or whatever you call it .... mind you, i cannot speak to the idea that WC could be cleanly mined, haven't been there ... just heard it from others for whom i have qualified respect Preserving the integrity of air water and soil while mining or logging is not rocket science ... you don't make the water brown, you don't leave organics in the water, you don't compact or disturb soil other than necessary [this in forestry], you block roads after so the four-wheeler idiots don't come in and start fires and shoot up the wildlife, etc etc .... simple stuff .... with modern equipment and techniques, you can make a road right beside a creek on most terrain even in BC, and not dirty the water nor disturb the fish in any way ... and that is what we must do, we must have far better standards than in the bad old days, and fact is we do ... however, in no way is this effort aided by fantastically complex regs and permitting procedures that consume huge amounts of time and paperwork, regs the contractor cannot begin to understand in the early days of the Forest Practices Code ... people used to laugh when it was said you needed a wheelbarrow to carry around the code, but that was a true fact, and therein lay the sick joke of the ndp Cafferata is not a bad guy, certainly no socialist mouth-breather .... he worked his way up through MB management, until heading that board i think ..... and the baffling absurdities of the bureaucracy have been somewhat abated, it is said, even during the dying days of the ndp ... lots of improvement needed still though ... as for messed-up creeks around Kemess, i'd assign blame to the Harcourt and Klunk governments, they set all that up stockcharts.com - friday's close on the naz was less than 54 points from the september low .... there appears to me no fundamental nor technical reason why the slide should not continue its pace, blow right through 1387.10 ... but, what if we saw mysterious parties doing big volume buying in the morning, in the futures and options especially ... like last monday .... 'yes Virginia there is a PPT'? ... ah but could they hold it for long, fat chance eh kitco.com - 326.20 last, +1.30, hi of 326.60