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DewDiligence

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Re: Kadaicher1 post# 2402

Saturday, 03/26/2011 1:53:17 AM

Saturday, March 26, 2011 1:53:17 AM

Post# of 30494
Thanks for the update. This federal-vs-state conflict with respect to mining royalties is roughly analogous the situation in the US vis-à-vis estate taxes. (Prior to 2011, US state estate taxes were fully credited against the federal take, but now they’re additive.)

How do you think the mining tax will shake out? Will the deal BHP and Rio thought they had hold up when all is said and done?

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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