I would hope this is wrong and someones just trying to pull a fast one by claiming that some water is actually going to run north. This smells of another delay with the history behind this project if someone demands a new study to check this out. Its not me thats right or wrong either, this is on the WDIO tv website just posted this morning and i expect it on the nightly local news.
Odd because it just hit the wires that they just conceded that some water from polymet will flow toward the boundary waters. Epa says refigure their model, which i translate into another delay. Wait and see however because this just came out and it may mean nothing. Wdio tv website.
I saw that statement and i must sadly disagree strongly with your analysis. The first thing i thought is why is this decision so difficult for him when the evidence is overwhelmingly positive on this plan. He is absolutely still on the fence and if he is preparing anyone for dissapointment it could be project supporters. As for the range turning red, its just not going to happen, the democrats always have their magic formula to fall back on, welfare, food stamps, heating assistance, and extensions on the extensions of unemployment benefits.
I did come across a peice online from the financial times that asked the question " Is the ceo of glencore the captain of a sinking ship?" I am now starting to think this may be the biggest reason for the stocks recent decline along with wholesale fear of the commodity area right now. I wonder if anybody has that information on what price polymet needs in the metals it mines to break even. Could be a reason down the road for an announcement (which will blind side everyone out of the blue like all mining companies tend to do) that the project is on hold for the time being.
The paper was critical of Dayton bowing to pressure from environmentalists who want to create a new environmental review board to replace one that was just defunded by the stae legislature because it was holding up projects like polymet. This board will of course consist of environmental wack jobs. I told you all about dayton before last election yet there are still people coming on this board saying dayton is for polymet. The most dangerous liberals of all are the rich ones because they got theirs and nobodies going to take it from them so they can just hunker down and watch their policies reak havoc on others. Could it be his republican opponent was right all along when he said polymet would not get approved during daytons administration, i would add obamas as well.
I actually have an investment in polymet but i don't have 30 minutes to spare to read this gobbledygook much less spend an entire weekend doing it.
The irony of this whole thing is the very same people who are radical protesters on this matter are also from the same mold as the beurocrats whose job it is to approve the whole thing. How else can you explain coming up with the need for always more study and putting more people to work idly for the government. Someones not happy with only 3000 pages of paperwork, lets go for 5000. Who else but a bunch of liberals can sit around and decide we need to appease the radicals by having another public comment period. And by the way isnt it about time for another open house and tours pretty soon.
You guessed it, pushed into mid 2016 and what fun, another public comment period being set up for november of this year, which of course theyll then have to adress one by one. This investment is ok for a young person to sock away and keep his day job but if your at or near retirement you are at risk of some pretty dead money, even though i will still hold out hope my investment is not dead money.
A lot of the float was offered at .66 in the offering two years ago. Theres bound to be sone weaker hands causing bouts of profit taking on the way up. Less volume today on mild selling
Wrong wrong wrong. I am not bragging about this sad fact but i have lived here all my 50+ years and the only game plan around here for mining downturns and layoffs is extensions on extension of unemployment benefits, more food stamps, more welfare, heating assistance, mortgage assistance, and of course time to send everyone back to school on government assistance. I know your not from around here because of your logical solution to what might be needed to get the areas economy moving ahead. Your thinking like the rest of the country