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


To: Mr. Aloha who wrote (25627)11/15/2006 10:51:54 PM
From: ogi  Read Replies (2) | Respond to of 78410
 
The Gypsum mines here are well established and reasonably environmentally benign. I think the NIMBY factor and Government desire for progress will probably make the zinc mine an easy go,precisely because it was operated in the past. You should hear the fights over a gravel quarry in SW Nova Scotia. Different area , different NIMBY, no doubt. The Gold mine is a whole other matter and I will believe IT when I see it and even then I would not buy into it. Low grade is never anything more than working a marginal asset in an attractive commodity price moment.They talk of a central mill to process all their deposits, none of which could stand alone. You are talking a good 60 miles or more by road separating these properties. acadiangold.ca

Add Cyanide, and I have no idea how it will go but clearly a target for the environmentalists and I do know the Government does not regulate gold now and has no expertise in gold.
Coal? Yes. Try googling Westray, and the people who died in that mine because the N.S. government would not shut down a "job creator", plump with subsidies, or taxpayer cash if you will, that refused to comply with the safety regulations and orders as issued by the government inspectors. Check the protest against currently proposed coal strip mines in N.S. hOWL hOWL hOWL.

You know who "inspected my video store and threatened me with extinction because my staff were not all trained in first aid to protect them from the occupational dangers of passing a dvd across the counter? That's right an unemployed coal worker!! They would have shut me down in a minute, not so for the 27 that died at Westray. Mining, coal mining really, has a huge history here, but a tarnished history and no mines owners are looked on as trustworthy and neither are the regulators.

I like mines in Quebec and Ontario a whole lot more than here!!
I also like deposits with 1 million ozs or more that are in one place not 4 deposits for the mil ozs spread over 2400 sq miles.

The zinc mine I suspect is a 100% go and if it goes according to plan, should throw off the cash you anticipate.

Cheers,
Ogi