Re: protestors...My Conversation with Mark Bailey
in response to
by
posted on
Sep 09, 2008 04:29PM
Creating value through Exploration and Development in the Sierra Madre of Mexico
Spoke with Mark Bailey for quite some time yesterday about this issue. This was a significant issue with Minefinders a short time ago. These are not protestors as we would know them here in America. They are not amateurs protesting environmental or other issues. Rather, they are a paid group, essentially professional protestors,part of a larger group that has origins in Mexico City. Basically, they send groups out to "protest" mining activities. They block roads and upset processes until the miners basically pay them off, so that they go away.
Mark Bailey, refused to be blackmailed. Basically, what he did, which was very smart, was had the miners, who are doing very well as a result of having Minefinders there, go to the Governor's office and complain. When this happened, the governor sent out the police to remove the original protestors. Basically, the protesters, being portrayed in the media are basically part of an extortion racket. It makes sense, if you think about it. Miners have money, so you disrupt their operations until they pay you off.
Anyway, Bailey's tactics were very intelligent. He fought Mexicans with Mexicans. .."Look, we built you houses, we give you jobs and medical care for your children. We give you a place to live and a livelihood, and these people are screwing it up. Go complain." And complain they did. And I'd imagine had a few harsh words for some of the professional protestors as well.
This will not be a problem for Kimber, because Kimber will probably be bought out long before a mine is built.
As wealth and affluence spread through the area. As gold is worth more, this problem will become less of an issue in my view. Bull