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Message: Is the US Geopolitically Risky for Miners?

Is the US Geopolitically Risky for Miners?

posted on Feb 08, 2010 08:53PM

My man McEwan (UXG) has his Nevada gold mine well along but the environmentalists are preventing, or at least delaying significantly, completion and moving to operation. Never mind the sad state of employment in Nevada. Never mind the dire need for tax revenues in Nevada. Even in previously mine-friendly Nevada nothing gets permitted easily now. If it ain't a casino it ain't getting done.

It is my unverified opinion that is the reason McEwan is full speed ahead with Mexican silver. He can't get anything done in the U.S. Let's hope Canada doesn't drink the Kool Aid and continues its mine-friendly policies. IMHO Tyhee's friendly location is worth a significant fraction of its market cap, before we ever start counting ounces.

Strike

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