Thursday, March 11, 2021 4:22:46 PM
While we wait for the Pebble Mine to be approved, with some possible new burdensome and unnecessary restrictions or contractual requirements, Here are some concerns which may end up impacting the operation and management of the mine. The actions by the Federal government in the last decade especially, with regard to the boarder have created a new set of potential problems for Alaska's already financially strapped communities.
With our President meeting with a foreign leader this weekend in Alaska, I fear that his handlers will offer an exclusive processing contract for Pebbles rare earth elements to China. They may also tie some deal with China to the approval of the Pebble mine and some other mines in Alaska and in the lower 48 States. Who knows what may be promised to our enemies and which may impose more political power over the mine's operation, mining decisions, and financing by our Government in Washington DC and by Alaska's Congressional representatives.
Remember, what has happened to Paladin's uranium mining operation in Africa, when China forced Paladin into agreeing to BAD loan agreement terms needed to get money to return S. Korea's deposit on the delivery of uranium in the future. S Korea decided it wanted to back out of their contract with Paladin Energy.
And, we cannot forget the huge uranium and rare earth element mine, GDLNF, which is now 50% owned by China. The shares have been only selling for pennies for many years, i.e., $~0.13. I believe, China is now processing the rare earth elements from the open pit mine, but Greenland did not initially want that processing outside of Greenland. Profits?? Too much control by a bad partner?
It would be VERY significant if the boarder states joined in such an action to help push for less Federal interference and allow them to prevent Politicians in DC from enforcing laws which the state's citizens consider as rights and protections granted by the US Constitution.
Alaska and the Pebble Mine need protection from unlawful and unjustifiable Federal authority that would impose how the State of Alaska regulates and manages its development of its natural resources, including the management of its wildlife, water resources, and forests.
Also concerning would be if the Federal government would even force the mining companies to employ unlawful non-citizens in the mining industry or forestry thus denying Alaska's citizens good paying jobs. These people have to work somewhere and could also impose serious problems for the Native American Alaskan citizens who enjoy passing on their cultural heritage to their own children.
The AK legislature must be able to prevent powerful politicians inside or outside of AK to force the State to become a Sanctuary state for dangerous criminals, criminal activity, and human slavery.
If the Federal government decides to send people from other countries who have crossed the boarder illegally to AK, the state should be able to prevent being forced to house and care for these people. There are health and safety issues with allowing the Federal government to dump people on a state, without the state legislature approving such action.
Rules and regulations enjoyed by those Alaskan citizens who choose a subsistence life style may be challenged by the introduction of people who wish to exploit the natural bounty of Alaska and have no appreciation for those resources.
Recent NAK News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/16/2024 04:17:37 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 03:26:58 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/16/2024 11:46:24 AM
- Form D - Notice of Exempt Offering of Securities • Edgar (US Regulatory) • 12/29/2023 08:52:47 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/15/2023 10:05:59 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/05/2023 10:01:05 AM
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