Moderator: HAZ - Moderators
This is a very articulate comment, and hopeful to boot. I appreciate the time you took to write it, and sincerely hope that the future proves you right.blisterfree wrote:I'm increasingly of the belief that this mine will never happen. It may still face too many regulatory hurdles and, of course, major up-front development costs prior to production, to maintain shareholder confidence, especially in the face of a global economic slow-down. Yes, Resolution will ultimately own the land, at great peril to public access, but I just can't fathom this ever getting to the point where we're left staring at Meteor Crater II outside Superior AZ. The public's tacit expectation of environmental protection vs the "traditional" views of laissez-faire economic development will only get more contentious in future decades, and there are a thousand ways the former can rear up to bite the latter in the behind, simply of the latter's own doing. The notion of prosperity does not exist in a vacuum.
I take it you haven't seen any of the proposed options for the re-routing of US 60 when it goes to a 4-lane divided highway... if I recall correctly, the route with the highest likelihood bypasses Superior well to the north.blisterfree wrote:Ultimately, I want to believe Highway 60 is just too close
#1 Rio Tinto (under the guise of Resolution Copper admits they have already put $1 Billion over the last 10 years into getting this on track, I doubt they are going to let it get out of hand now.Tough_Boots wrote:I think that considering the amount of time and money Rio Tinto spent on lobbying and campaign contributions to Obama and Boehner...
Unfortunately, I believe that is a pretty big stretch to make that comparison... Resolution Copper (Rio Tinto/BHP Billiton) has WAY more in the way of resources (see the $1 Billion mention above) to fight environmentalists than Regal Resources (the prospective driller @ Sunnyside), who describe themselves as a junior mining company from Vancouver.blisterfree wrote:Environmental groups just won a victory in blocking the Sunnyside drilling project on the Coronado south of Patagonia, which could set a precedent.
Again, unless someone can come up with the $$ to fight against BIG money (Rio Tinto with $50B+ & BHP Billiton with $67B in revenue for 2014) and along with the signature into Federal Law, I'd say it's a pretty much done deal.blisterfree wrote:To sit back and accept "the so-called inevitable" is to increase its likelihood and hasten its arrival.