Gabriel Resources Ltd. (GBU)

[echarters]

Normally when the supreme honcho pp's on your project it's the end of it. Picture that in the US or Canada. "Cabinet says it does not like oil sands project". Investors would sell like the house was on fire. The US president (Clinton) killed a mining project for votes because it was proximal to Yellowstone National Park. Canadian politicians in BC, Manitoba, Saskatchewan, Ontario, and Federally have just about killed the entire mining industry here. In 1967 you could peruse in mining trade journals (CMM) of about 31 pages of fine print 4 columns wide, one line per entry of companies that supplied equipment to the mining industry, located in Canada. Today that figure might run to 3 or 5 pages. If you were lucky.

The moral of the story is don't vote for lawyers. They are anti industry knee jerks. In England they used to have a law stating that no lawyer could occupy a seat in the house of commons. It was good law.

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