GEO - EFFECT ( geoscience / GSC )Are junior explorers hard up for $$$$ ?
No funding = No exploration.
No Bank funding / Capital Companies ( old system ) - - - > Stakerholder new system
Select projects chosen ( narrow bottle kneck path )
Yet who is recieving the funding ? Geoscience BC received $5 million in funding from the Province of British Columbia in 2019 and continues to seek additional funding to enable future research. January 23, 2017 - Geoscience BC thanked the provincial government for its commitment of
$10 million in new funding over two years to support mineral
May 18, 2016 -- Geoscience BC commended the provincial government for its commitment of
$5 million in new funding to support mineral, water and energy earth science in British Columbia
Enviromental hurdles for junior exploration.
Delays, permits, .etc.
Park sprawl
Gov't pushing tourism vs backbone mining.
This Gentleman is correct ( another 4 yrs and BC will.... ) Video
https://www.youtube.com/watch?v=9TMMmQfznK0 Water Droughts....
No water = Hydrodams won't turn
More restrictions / water meters / higher costs of water and electricity
No water = No mining
Bad for tourism
Realestate depreciation
No sales of electricity to USA ( less revenues )
Dependent on Coal for electricity ( usa )
Real-Time Hydrometric Data Map Search
Updated every 6 hours
zoom into BC ( small creek run off ) from mountains - dry
Some portions of rivers are dry with sand bars
Resevoirs - once depleted = no water = hydrodams won't turn
Even the BC river near Banff that feeds Bow river in Alberta appears dry at west end.
https://wateroffice.ec.gc.ca/map/index_e.html?type=real_time
Feds are correct.
BC needs better energy plans ( nuclear ).
Or... even hydrogen reactors.
This green policies + environmental goals have crushed ability to act quickly
to usher in new energies that work - tried and true energies.
Will BC become dependent on USA coal electricity - Albertas Gas ?
Now factor.... GSC + Geoscience looking after, SE BC
And in 2023 using radiometers south central BC.
While our stock continues on halt ?
Seriously ?
Baymag + Teck resources ( coal )
Only 2 mines i can think of working SE BC.
Now factor UN + First Nations.
Where do existing projects + shareholders fit into this new energy play book ?
Interesting, eh ?