Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

Free
Message: Re: Q&A with Bill Bennet
18
Aug 28, 2015 02:27PM
13
Aug 28, 2015 05:28PM
15
Aug 28, 2015 06:49PM
2
Aug 29, 2015 01:26AM

From the link you provided, d_man_123:

"Almost all the things we use in everyday life come from mining -- but the land footprint is so small it is practically invisible."

I am not anti-mining or I wouldn't have made a substantial investment in CUU. Even though they are not miners, they are developing a deposit that is anticipated to become a mine.

That said, I believe the above quote downplays the negative effects of mining. It perhaps is true in terms of the land footprint but the images from the Mount Polley spill and the Animas River spill in Colorado tell another story. I am certainly in favour of responsible mining, but even then there are hazards. Fortunately, it doesn't seem that Mount Polley has caused an immediate health disaster but there are questions about the long-term impacts.

Again, I'm not saying mining is evil. But the statement that the land footprint from mining is "practically invisible" wouldn't bring much comfort or reassurance if you were a resident living near Quesnel Lake or the Animas River.

I think all exploration/mining companies would be best served by acknowledging any inherent risks and explaining thoroughly how they are going to be addressed.


Share
New Message
Please login to post a reply