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Saturday, March 28, 2020 10:21:09 PM
new sources of revenues. If anything will harm the Salmon fisheries
it will be global warming, something we really will not change in our
lifetimes. So the Salmon may end up going away anyway at some point
if that's what Mother Nature decides. So what will the State of Alaska
decide to do with Pebble?
My guess is that the reality of oil's demise will hit very hard the
Alaskan economy. Pebble will not only be welcome but the State will
want its opening sped up if that is at all possible. Obviously, the
Federal Government will see Pebble as a National Security concern and
its completion having Strategic implications. Mines don't last forever,
and those mines in operation today have a limited life. Sooner or
later whatever mining concern produces from Pebble will increase its
production. Having the ability to do that is of value to a mining
company. If the economics are right, increase production, if not,
then keep it an ultra long life mine. The deposit of metals is far
too massive to be ignored for too long. Pebble is like a buried
treasure chest with riches beyond comprehension. It will happen.
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