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Re: EasyBet post# 45586

Tuesday, 08/09/2011 9:26:13 PM

Tuesday, August 09, 2011 9:26:13 PM

Post# of 102667
I don't think insurance applies here. Since it is a well-known fact that the legal costs of trying to open a new mine in the United States is millions of dollars, you would have to find a very stupid or naive underwriter to write that policy.

Especially in a difficult State such as Montana and where a connected environmental group have already publicly stated their intention to fight that mine.

I don't know of a single mining company anywhere with legal insurance that covers environmental challenges at the permitting stage. Insurance at the operating stage is a different matter.
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