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Gold/Mining/Energy : Copper Fox -- Ignore unavailable to you. Want to Upgrade?

To: Zep70 who wrote (8578)	12/7/2014 1:06:17 PM
From: dsikorsk	1 Recommendation Recommended By Nav2006 Read Replies (1) \| Respond to of 10654

Man, you are starting to get annoying...

To: Zep70 who wrote (8578)	12/7/2014 1:25:09 PM
From: mudguy	Read Replies (2) \| Respond to of 10654

I think I said it could be compelling, not that it would be. I don't know at this point, I'm just watching to see some of these issues play out, and I think the recapitalization will be a major step towards moving from the near term financial issues to talking about the project on it's merits. Right now, SC is less important than what management does to keep the lights on. All of these represent investment entry points, so I watch. I'm surprised that you find my views of environmental issues vis-a-vis mining contradictory. These are real issues, and anyone here that thinks the environmental and social licence issues here are minor or non-existent needs to read the paper and learn a bit about how the permitting landscape has evolved over the past decade. Every mine in BC, and Canada for that matter, undergoes considerable assessment on these grounds, as well as economic. I might add that BC has a shameful reputation globally on these matters, in part because they have short term political interests that rear themselves at inopportune times, and because they refuse to address First Nations claim issues. Prosperity is a great example of what not to do to build a mine, and the BC gov't actually approved it, twice. It took one of the most aggressively resource-development friendly federal governments in memory to step in. Northern Gateway was hijacked by the climate interests, but the First Nations with outstanding claims were willing participants in opposition. The calculus is being reset from Mt. Polley and new challenges will emerge (this is part of the reason Teck and others are watching). Personally, I would like to see much of the Golden Triangle preserved as a park and mining limited. I like the area and have spent some wonderful time working and playing there. I also acknowledge I don't have decisions over development there, and I can't speak for the people there. They will choose if they want to develop it. My guess is that we will see a swath of it preserved before these mines get very far. A national park would be appropriate, given the landscape and ecosystem elements.