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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: hank2010 who wrote (25474)	11/14/2006 10:28:21 PM
From: loantech	Read Replies (1) \| Respond to of 78410

You deserve it Hank. As far as the other you have a better handle on it than most of us. In fact I am sure you are correct on most if not all of what you say. One small thing though.Some anecdotal evidence. I grew up in Southern Oregon in the middle of great logging country.Riddle, OR 200 yards off Cow Creek. That was in the 50's and early 60's. I did see a lot of fish kill from logging down to the water lines, clear cutting and very poor reforestation. I have gone back home and driven up to the top of one of the best vantage points in the southwestern part of the state, a look out on Silver Butte, locally called Silver Peak.You can see the huge swaths of timber gone for 20-30-40-50 years. Too bad replanting was not a stronger force then. firelookout.com Also you can check this out reason for Silver Peak's name. Not all companies nowadays leave a good trail.I know this story to be true as I drove up there for the view and past the "spot". <Japanese and Canadian mine owners walk away from pollution that threaten Riddle's drinking water (or anybody's drinking who draws from Middle or Cow creeks). Acid Mine Drainage is flowing out of the Silver Butte Mine and into Middle Creek, a tributary of Cow Creek, and the location of the Riddle city water intake valve. Tests have found high levels of zinc and copper acids, toxic to aquatic life and dangerous to humans, where Middle Creek empties into Cow Creek (Cow Creek feeds into the South Umpqua between Riddle and Canyonville). The pollution has only about 20 more miles to go before it reaches the town's drinking water supply.1 How long it will take to get there is unknown. The pollution travels faster during the rainy season and can retreat some during the dry season. It is also unknown how many rural residents draw their drinking water from Cow Creek, upstream from Riddle. Even though the Oregon DEQ is alarmed that the acids are much farther downstream than expected, they have only been able to budget $300,000 for a treatment system.2 When DEQ originally discovered the pollution in 1993, they fined the owners $4,000. The owners paid the fine and spent one million dollars in an attempt to clean up the site. Then they declared bankruptcy and disappeared. In 1997 BLM reported that "the creek is effectively dead with no signs of life."3 >>>>>> umpqua-watersheds.org I think good companies do good things and more poorly ran companies do poor things on occasion. Respectfully, tom