SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: hank2010 who wrote (68136)11/24/2009 10:24:47 AM
From: ogi  Respond to of 78419
 
Note on Meridian, don't know the veracity. I heard at one time they had significant numbers of Chileans on the property which did not endear them to the local Argentinians shall we say, which only reinforces your previous quote:

( Meridian geologists)... " were overly impressed with their own brilliance and treated the locals like dung "



To: hank2010 who wrote (68136)11/24/2009 11:29:57 PM
From: marcos  Read Replies (1) | Respond to of 78419
 
By not handling it well, i meant in the info they're putting out on the issue, they're doing all fluff no meat ... and i don't think they have the excuse that this is new, it's not

But they do seem to have local support, many of the ultra-greenie pieces admit so, and they wouldn't if wasn't fairly strong support imho ... hundreds of well-paid jobs are on the line, and there will be a multiplier effect out to extended families of those workers ... only from the shrillest far-out pieces was there the suggestion that the company was being the classic rich arrogant foreigner despoiling la Patria, i don't think it applies ... the nut of the issue is the hill, which is part and parcel of founding myth, some would rather keep it standing than see it mined, and it's hard to say to them, oh fear not, the hill is still around here, merely flattened out, somewhat dispersed, and oh look won't this be a beautiful hole

Like many companies, they could report better to their shareholders, but i haven't seen where they're mining poorly ... as for groundwater impact, we won't really know for sure for a few decades, unless something shows up downhill meantime, this risk can always be thrown at miners

amz.v - hot pot rock way down south, if i had cash to buy back ngd i'd put it into amz right now anyway