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Gold/Mining/Energy : Rock Resources -- Ignore unavailable to you. Want to Upgrade?


To: Buckey who wrote (592)1/12/1999 11:50:00 AM
From: the Chief  Read Replies (1) | Respond to of 1996
 
Well unfortunately the Conservationists has made this into a "us vs them" scenario. I think the Mines Ministry is attempting to correct a wrong, that has been been put on the Mining Industry in BC. Which is the right thing to do. Expropriation is allowed anywhere! expropriation "without compensation" is not!

So I guess if they are trying to correct a wrong, than it was wrong!! In which case for the conservationist to "speculate what and what not to pay for" as damages is just to much for me.

Here is the bottom line(IMHO)...if any Gov gives rights to explore a property, it has to be accompanied with some "reasonable expectation by the explorer that he will be able to exploit"!! If there was never any intention of allowing exploitation of the resource, than exploration permits should not have been let!!

Sabines opinion is that you can explore, expend money, build an infrastructure and because the Gov has final say on exploitation, and the answer is no, everything gets reset to "0"!! Sorry, won't hold up in a Canadain court and sure won't hold up in an International one!!

Because of "reasonable expectation"!!

the Chief



To: Buckey who wrote (592)1/12/1999 3:48:00 PM
From: Barry Smith  Read Replies (3) | Respond to of 1996
 
Back to 16 cents tomorrow :'))