Barkerville Gold Mns Ltd BGMZF

RE:RE:RE:RE:RE:BORIS...

[boss_waz]

So 17 years...and just what was accomplished by this delay?
Who benefitted?
Was an in-just...made to be just?
Stubborn owners not wanting to pay the cost of doing business?
First Nations with hands out?
Due dilligence yes, but really?

Isnt the BGM clock now over 22 years...?
I guess our time is also near....VERY near <------------

borisY wrote: The facts behind the Wabauskang claiim are such that some might see it as extorstion.

• THe Wabauskang are not local to the mine. They are in fact over 100KM away from the site. But apparently someone remember that someones grandfather once might hvave.... blah, blah, blah.
• The Wabauskang law suite arose AFTER the Feds and Ontario government had signed off on the EA. 
• The Wabauskang are about 150 people at most and Rubicon spent millions flying them to Ottawa for meetings and the like.

IMO after 17 years, Rubicon just caved and paid to their mine going.

I would have much preferred to see the province squash the law suit. The Wabaushang could then have raised blockades and King Steve could then have applied Anti Terror legistlation and taken the protesters down (black out jails never to see the light of day again...)... but it wasn't to be... more timid minds prevailed. 

But mark my words, I do see the day when so called first nations groups protesting for what ever will be caugh up in Anti Terror regs and pay the price. The sun is setting for so called first nations.

In any event it will be a sweet mine, probably as good as the Campbell Red Lake mine which has produced over 20M oz yet has never had a reseve greater than current 2.5M oz in its 50+ year life.

A work of art... but this should be on the RMX board and not here on BGM so my apologies up front for digressing....
 

halcro wrote:

 

halcro wrote: Gold Summary for March 9, 2015

2015-03-09 21:22 ET - Market Summary

by Stockwatch Business Reporter

David Adamson's Rubicon Minerals Corp. (RMX) lost 10 cents to $1.20 on 1.09 million shares. The company is months away from starting production at its Phoenix gold mine near Red Lake, Ont. All-in cash costs are projected at around $845 an ounce, which means the mine should be economic even if gold drops to $1,000. Rubicon is fully financed to production; at Nov. 30, it had $100-million in working capital and said it would take only $27-million to reach production. The company is now on a hiring spree, making sure there are plenty of jobs for its most recent mine supporters, the Wabauskang First Nation. The band agreed to drop a lawsuit against the mine last fall, in exchange for jobs, money and preservation of cultural sites. This was the final obstacle in the way of Rubicon's Phoenix journey, which has cost the company almost $400-million and taken 17 years.

Heh, heh.

Seventeen years, and the first nations are onside.

Bet that Rubicon isn't still waiting for a legendary, long-overdue-and-no-longer-mentioned-except in-bullboard-BS posts report.