Sum, I agree 100% with your comment:"
"Good point to remember is that when the mud starts getting slung and the keepers of the gloom doom and disaster, to say nothing of the difficult, start to work themselves into a lather.... you've got to ask why."
It keeps bringing to mind the mud slinging of the GLOBE and MAIL published April 19, 1995 on Diamond Fields (Voisey Bay), : (We know the why since we we know what happened shortly after!)
Below are the Globe's comments:
"it's not investing, it's gambling pure and simple. You might as well roll the dice"
"I can't see a lot of upside. I'd say take your profits, you may have the opportunity to get back in at a lower price."
So, what happened to Diamond Fields shortly after??
April 1995 : Diamond Fields Resources creates Voisey's Bay Nickel company to oversee develpment of nickel deposit
Oct. 1995 Two additional mineralized zones Eastern Deeps and Western Extention announced
Aug.1996 Inco completes aquistion of Diamond Fields Resources.
Apr 1995 |
DFR creates Voisey's Bay Nickel Company (VBNC) to oversee development of nickel deposit. |
June 1997 |
Environmental Assessment Panel issues detailed guidelines for Environmental Impact Statement (EIS) for Mine/Mill. Spells out questions that VBNC must address in Mine/Mill EIS. |
1998 |
Negotiation of separate Impact and Benefits Agreements (IBA) between Inco, the LIA and Innu Nation are ongoing. |
Oct 1995 |
Two additional mineralized zones announced: the Eastern Deeps and Western extension. |
Sept 1997 |
Newfoundland Supreme Court determines that construction of temporary infrastructure (road, airstrip and dock) should be included as part of the defined Mine/Mill project under review. |
1998 |
Comprehensive land claim negotiations between both aboriginal groups and federal and provincial governments are ongoing. |
Aug 1996 |
Inco Limited completes acquisition of DFR, making VBNC a wholly owned subsidiary. Inco commits to build Smelter/ Refinery in Province |