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

To: marcos who wrote (7274)	12/17/2006 12:35:31 AM
From: teevee	Read Replies (2) \| Respond to of 8273

6. taxpayers of the realm whose treasury Doublestar plans to drill - LC, ralfph, r-e, and i are all in this category, likely other threaders as well [teevee, Frankly - you pay BC taxes?] yes but that will soon change and come to a stop. Your discussion with tyke is moot. The provincial crown insists it owns the mineral rights, sets the laws and statutes on mineral and oil and gas tenure and collects the fees and taxes, but turns a blind eye when other parties either try to shut down the economic activity or come to the table with their hand out, insisting on direct ownership of resources and demanding carried interests of 50% or harm will come to those who trespass. I know first hand that even the RCMP turn a blind eye when native groups threaten violence and blockade loggers and explorers etc. Unfortunately, there is apparently no rule of law in BC. Native land claims and special interest groups regularly act outside the law and are killing mineral exploration and development in BC. In NE BC, the oil and gas is lucrative enough that companies just suck it up and pay cash extortion fees to the special interest groups. For small business, it is not possible to conduct business in a state of lawlessness where special interest groups' claims and actions are unchallenged by the crown. It is no wonder that many small mineral explorers choose to explore in more friendly areas like in South and Central America and Asia.