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FL

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Alias Born 03/20/2004

FL

Re: None

Saturday, 01/28/2006 1:25:03 AM

Saturday, January 28, 2006 1:25:03 AM

Post# of 2138
Serious report on gold mining pollution, destructiveness:

See: http://www.nodirtygold.org/pubs/DirtyMetals_HR.pdf

This interesting report includes negative facts about Golden Star, Newmont, the Syama mine in Mali, Ashanti in Ghana and other West Africa miners that I own. I don't agree that selling a stock does much or any ecological or social good. (I won't buy Freeport-McMoRan -- there are limits. I wouldn't like to have been an I. G. Farben investor under Hitler either.) Rather, I'd like to use my paltry influence as a minor shareholder to say that I don't need the mine to shave off the last few pennies of cost-per-ounce by destroying its environment. The big stock moves will be based on gold prices, discoveries and mine management, not on cutting environmental corners. With high gold prices, mines can afford to be good.

Others here may have a different attitude. I like to point out the negative along with the positive.

FL


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