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Re: rocco2 post# 27449

Monday, 09/20/2010 8:15:05 PM

Monday, September 20, 2010 8:15:05 PM

Post# of 173208
The state of Alaska set aside these lands for mineral exploration


The people of Alaska get serious tax rebates from mineral interests, mostly oil companies. I think many underestimate the importance of this being A) a US deposit owned by a US corporation and B) located in a state that already greases the skids for big industry to extract minerals in a way that is profitable for everyone. Too many mining explorers are high-risk due to international currency fluctuations and political instability. This project is being supported in part because many of the Deep Pockets understand that there will be a more stable opportunity for long-term profit here.

There will be opposition, have no doubt, but the interests that have been nudging this along for the better part of a decade have done this many times before.
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