Nevada Copper Corp T.NCU

Another bad week for earthlings, next week will be worse.

[bogfit]

While a super -Typhoon approaches South Korea, posing a threat to global supply chains, the consequence of the flood in Pakistan will last for years.  At some point the repetition of damaging floods will overcome ability to maintain critical life-supporting services.  What can be done to mitigate the effect of storms steadily increasing violence, reduction of food production, and the destruction of vital road and rail infrastructure?  I have no answer, that will take engineering, but financially I know that important sources of metal are produced in poor nations that lack the financial strength to repeatedly repair damaged transportation systems to deliver concentrate to the world’s smelters.  And so it IMO is important to understand the risks represented by geopolitical AND environmental circumstances to any mining project.

Speaking of which I was reading today about the effect upon water quality and thus availability in recently burned water sheds. Towns in the west are having problems with their water systems unable to effectively clean the water coming off burned mountain slopes.  We discussed the effect of hydrophobic soils preventing rain from soaking in the ground, and thus threatening to cut off “stranded assets”, but also the ash presents a threat to the water supply of any mining project in North America’s coniferous forests.

What we are looking at is a new set of risks to be added to our DD of any mining project.  Topography and vegetative cover, distance to sea port and political stability, all need to be weighed and considered.

b.