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Friday, August 28, 2020 3:25:26 PM
I'd say a Trump victory would be bullish for the mine, but maybe Trump, Jr.'s fishing buddies have more pull.
Finally, I think it would be kind of arbitrary to do a 180 on this for the Trump administration after the favorable EIS showed there were no serious issues. Businesses operate on rational regulatory certainty, particularly among extraction industries. If the mitigation strategy is reasonable offered by Pebble, it should be approved on the merits. Otherwise, they should have never lifted the Obama block and signaled with the EIS that the mine was a go, fueling investment. To just turn around now and say "not good enough" would be bad for public policy, and throw every permitting process into disarray and uncertainty.
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