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All quite on the western front. That said, this op-ed in the ADN showed up a few days ago. https://www.adn.com/opinions/2017/05/31/pebble-rises-with-pruitt-but-salmon-still-come-first/
Regardless of the political stance, a federal judge must adhere to the letter of the law. They cannot go rogue ruling on something they simply do not like...As a patriot I assume you know this...or you should.
Here is something for you to chew on. Recently a ruling by a Federal Judge said this about Fracking on Public lands.
It should be mentioned that Montanore lies deep in the heart of the Cabinet Mountains Wilderness, a 94,272-acre area set aside by the federal government for preservation and protection. It should also be highlighted that the permit canceled was issued by the US Forest Service.
This is very different from the Pebble project which lies on State land set aside for resource development.
IMO these two scenarios are apples and oranges, interesting but different nonetheless.
Sweet! hoping to jump back in under .002
And...I forgot to add the inferred copper so there is some icing on this cake!
Actually...The current resource estimate includes 6.44 billion tonnes in the measured and indicated categories containing 57 billion lb copper, 70 million oz gold, 3.4 billion lb molybdenum and 344 million oz silver; and 4.46 billion tonnes in the inferred category, containing 24.5 billion lb copper, 37 million oz gold, 2.2 billion lb molybdenum and 170 million oz silver(1). Quantities of palladium and rhenium also occur in the deposit.
That's over $257 billion from measured and indicated plus another $65.7 bill for inferred totaling over $323 Billion at current market!
Your input is coveted.
If you have lots of little projects that all share infrastructure then you essentially have one big massive super project.
Writing NAK off at this early stage is... um,risk free?
Before the EPA saga RIO Tinto had a 20% investment in NAK...why?
Now that the EPA has been deflated is it not plausible that another big investor MAY take the same interest Rio did?
The time frames you highlighted were no different back in 2007 so this should not be concerning to big money investors.
Pebble is a massive project, of course it will take years maybe even decades to plan and build. I think it is noteworthy to consider that a mine of this scale will be in production for nearly one hundred years!
Pebble is a massive project that will take a massive amount money to develop in a massive amount of time...
Care to elaborate with some facts?
Market maker chit chat?
On the other side of the coin it's up 300+% off the 3 year low.
What happened to V-R?
I think you meant salmon spawning grounds, no shellfish issues in Bristol bay.
Here you go, sorry for the delay
https://finance.yahoo.com/news/cableclix-engages-four-time-emmy-120000078.html
Is this what you were referring to?
http://finance.yahoo.com/news/cableclix-recognizes-first-2017-revenue-113000353.html
0.0018 ? 0.0001
Koktuli river surrounds the southwest and west perimeter of the proposed mine. The Koktuli drains into the Mulchatna which feeds the Nushagak which dumps into the Bering sea. All have lots of salmon.
The whole eco system is Salmon dependent, a small change upstream can be felt very far away.
That being said one could "remove" certain streams and that would have a huge impact, but it would not be catastrophic in my opinion. Volcanoes have erupted in the past wiping out entire salmon streams with toxins, many of those streams are sterile to this day, but the salmon still swim in the surrounding waters. The entire area is very pristine, very untouched, very undeveloped, and that is the root issue at hand.
Anything can be built safe enough.
I am personally pro business and pro environment. Saying you can't be both is foolish. You gotta admit, even if you don't believe in global warming it makes perfect sense not to $h!t in your own nest.(pollute the earth)
And yes I think it is feasible to manage a mine safely in a environmentally sensitive area. What's at issue is how much does one want to spend to do it.
And that reference to lower 48ers they are the ones who people in office (voters)
Using that same logic Anglo would not have started investing in Pebble in 2007 (1 year before Obama).
Crap shoot? No. Long shot?,yes. Worthy of investing? depends on your tolerance for risk.
I live here in Alaska, I fly over Pebble mine nearly every day. The fact is, the big boys could pay every resident of Bristol Bay $1,000,000 (~$1 Billion or less than .3% of current projected value) and still come out on top...way on top. But my concern is not the 995 residents of Bristol Bay, its the 318 million lower 48 ers.
As mentioned by others, the mining process is long and drawn out.
You can play the short term or you can invest in the long haul, your choice...good luck with it.
...but someone will :0
...hit LBSR, or
BLGA,CLNE,HOV,SEED,TNK,SMRT,SSI,IPXL,RGR,AMAG,ANF,RT,CLD,EXPR,HIBB...
I think plan A is still a go.
http://www.northerndynastyminerals.com/ndm/NewsReleases.asp?ReportID=778507
I actually like his math, who wouldn't love a 550% ROI.
The plot thickens...EPA officials yanked from Alaska event.
https://www.adn.com/alaska-news/2017/02/09/epa-officials-yanked-from-alaska-event-as-trump-team-weighs-in/
FWIW this just in:
An op-ed in the Anchorage Daily news by Tom Collier.
https://www.adn.com/opinions/2017/01/31/pebble-project-deserves-fair-review-assessment/
but oil is not hot right now.
Anyone think this sounds a little sketchy
Sorry no Billionaires live in Alaska only multi millionaires. B.Gillam is the big daddy here, weighing in at $320 mill. and he is anti pebble fwiw.
Sorry if this is a repost, but thought it might be of interest.
http://www.alaskajournal.com/2017-01-25/pebble-revived-owner-plans-file-permits-2017#.WIvgO7YrIUE