InvestorsHub Logo

jbsliverer

03/01/22 6:30 PM

#10299 RE: Kswies #10298

Of course security of this country was never a concern with certain previous administrations, only with how much it could be up for sale. But to address the statement, I'm trying to see the connection.

No link, no explanation with how, whatever it was, connected to LAC. How did or how would it effect the value or price action now or in the future, at least WHAT was thought be effecting. Pretty lacking with the topic of LAC.

If one thinks that this administration has blocked ALL mining and oil leases or permits, in particular, any LAC permitting, then please show the link and document that would pertain to that. At least some resemblance of an explanation.

If not it shows poor research on the issues, or maybe no research at all, and isn't any help at all to analyze our investments into LAC. But maybe that's not the intent, not sure, beyond me to figure it out.

Which mining leases/permits are getting held up and why? Does it have anything to do with this company. We've recently been updated on certain legal processes and how that was related, but I'm very open to anything pertaining to LAC.

Are any denials for purpose that will effect here. Or is it just saving our water sources that we are in such short supply, worse than in like 1200 yrs. Pretty soon we're going to paying more for water than oil.

Maybe just not taking profit and resources for personal gains, doesn't matter how helter-skelter it's done, just take what's not theirs. Ravaging all the other resources around it. Is LAC doing things like those examples or anything that it will effect the value here?

If one just puts a little time into some real research and investing they would find out things like examples given below, but I can't find why it would connect to LAC. All ears for any input that is directly related to my investment and ATM, and what, why, where. This is just a few and the list can be extremely long, so I'll leave it up to others that need to hone their skills to come up with more for discussion:

New Data: Biden’s First Year Drilling Permitting Stomps Trump’s By 34%

Thousands of Permits OK’d Despite President’s Authority to End Drilling by 2035

WASHINGTON— New federal data shows the Biden administration approved 3,557 permits for oil and gas drilling on public lands in its first year, far outpacing the Trump administration’s first-year total of 2,658.

Nearly 2,000 of the drilling permits were approved on public lands administered by the Bureau of Land Management’s New Mexico office, followed by 843 in Wyoming, 285 in Montana and North Dakota, and 191 in Utah. In California, the Biden administration approved 187 permits — more than twice the 71 drilling permits Trump approved in that state in his first year.

biden-is-approving-more-oil-gas-drilling-permits-public-lands-than-trump-analysis-finds/


The Biden administration on Tuesday said it found “significant deficiencies” in a Trump-era environmental analysis of a mining road that would cut through wilderness and Indigenous territory in northwest Alaska.

The construction of Ambler Road is one of the most high-profile environmental issues in Alaska, as it would bring 211 miles of new road through one of the largest roadless areas in the country.

The Interior Department said in a statement that the road proposal — which includes about 50 miles of Bureau of Land Management and National Park Service land — would cross the traditional homelands of Alaska Native communities including the Koyukon, Tanana Athabascans and Iñupiat peoples.

In a federal court filing Tuesday, the administration asked the U.S. District Court for Alaska to send the permit approval back to the department so it can conduct a new environmental analysis. Interior said that it would suspend the right of way for the road while it carried out the new assessment “to ensure that no ground-disturbing activity takes place that could potentially impact the resources in question.”

Alaska Native groups endorsed the decision.

Some opponents of the road found the Biden administration’s decision lacking. Trustees for Alaska, an environmental group that has sued to stop the road, criticized the administration for not revoking the permits and said it “failed to acknowledge the full and long list of legal problems with the Interior Department’s approval process.”

“This project never should have been authorized in the first place, and the agencies can’t fix their broken analysis by papering over their mistakes after the fact,” Suzanne Bostrom, senior staff attorney with Trustees for Alaska, said in a statement.

https://www.washingtonpost.com/climate-environment/2022/02/22/ambler-road-alaska/



A controversial mining project near Minnesota's Boundary Waters Canoe Area Wilderness may be dead after the Biden administration canceled two mineral leases on Wednesday.....
in a release. "This action by the Biden administration re-establishes the long-standing legal consensus of five presidential administrations and marks a return of the rule of law. It also allows for science-based decision-making on where risky mining is inappropriate."
....Mineral leases first issued in 1966 were eventually purchased by Twin Metals Minnesota, a subsidiary of Chilean mining conglomerate Antofagasta [A FORIGN COMPANY], which in the early 2000s drilled millions of feet of core samples on the land. The project was halted in 2016 when the Obama administration denied Twin Metals' application to renew the leases. But the Trump administration reversed that decision and renewed the leases just three years later.

U.S. interior secretary Deb Haaland said the Trump administration made a mistake in reinstating the leases.

"We must be consistent in how we apply lease terms to ensure that no lessee receives special treatment," Haaland said in a press release. "After careful legal review, we found the leases were improperly renewed in violation of applicable statutes and regulations, and we are taking action to cancel them."
https://sports.yahoo.com/biden-administration-cancels-mining-permits-164702637.html