Friday, May 25, 2012 8:53:26 AM
Look at it from a different angle; more mining means more taxable income for the state.
You are right. The slurry and ponds seemed like another "Anamas River disaster" in the making to every inspector.
That was a real mess. I know everyone got really scared about the possibility of it happening in their own back yard.
The cost of cleanup was a big hit for the state too. It should have been borne by the company that caused the disaster, but somehow they got away with only a small % of the cost.
The terrified population saw their waterways becoming septic flows of dangerous chemicals, and rightfully so. Too much fear to overcome with the "same old way of doing things".
Dry stacking should eliminate a lot of those fears and environmental worries. Although there are still liquids used in the processes, and a possible pollutant risk, it is fractional by comparison.
The more you read about dry stacking you start to wonder why no one thought of this solution years ago. It's not really new. It just took someone to look at the problem differently and put two and two together. I will bet a lot of mills are asking "why didn't we think of that?" Yes, it will be a bit more costly in some ways, but at least the mill will be operating. The rise in gold prices has made the extra cost moot.
The Dry Stacking concept applied here gives me a lot more confidence in CGFI's future.
JMHO
You are right. The slurry and ponds seemed like another "Anamas River disaster" in the making to every inspector.
That was a real mess. I know everyone got really scared about the possibility of it happening in their own back yard.
The cost of cleanup was a big hit for the state too. It should have been borne by the company that caused the disaster, but somehow they got away with only a small % of the cost.
The terrified population saw their waterways becoming septic flows of dangerous chemicals, and rightfully so. Too much fear to overcome with the "same old way of doing things".
Dry stacking should eliminate a lot of those fears and environmental worries. Although there are still liquids used in the processes, and a possible pollutant risk, it is fractional by comparison.
The more you read about dry stacking you start to wonder why no one thought of this solution years ago. It's not really new. It just took someone to look at the problem differently and put two and two together. I will bet a lot of mills are asking "why didn't we think of that?" Yes, it will be a bit more costly in some ways, but at least the mill will be operating. The rise in gold prices has made the extra cost moot.
The Dry Stacking concept applied here gives me a lot more confidence in CGFI's future.
JMHO
Don't take my word for it, Do your own research! Then you will know it's true!
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