Lucky , I really sympathize with the equality thing, but I've never seen a cent of tax paid by a job that was never created. Whoever controls NOT (and it probably won't be me ) will have to risk a billion bucks to first cash flow. Tens of millions of dollars of spinoff taxes and social contributions over 5-7 years, virtually not a penny of incremental risk investment by Ottawa or QP to that point ?. Like they say, "heads they win, tails we lose". We lose. Fourty percent of that development cost ends up in the public purse. OK, so they provide postal service to RoF and protect us from the Russians. Or is it the Chinese . Fine.

In the current world, profitable miners can make 15 to 20% risk free simply investing in their own shares. That is decidely where they are headed after the Aussie tax shot. This is less subjective or philosophical than you might think. These are extremely brilliant and experienced money managers who programs for everything from militants in Madagascar to the ALP Down Under. And they think Jim Flaherty is a very nice man. But their mandate is not 2-3 years, its very long term.