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Bullboard - Stock Discussion Forum St Augustine Gold and Copper Ltd T.SAU

Alternate Symbol(s):  RTLGF

St. Augustine Gold and Copper Limited is a Singapore-based mineral exploration company. The Company is focused on the King-King copper-gold project on the island Mindanao in the Philippines. The King-king tenement is comprised of 184 mining claims that are owned by Nationwide Development Corporation (NADECOR). The Project is a copper-gold mineral reserve located at Sitio Gumayan, Barangay King... see more

TSX:SAU - Post Discussion

St Augustine Gold and Copper Ltd > Most Open Pits Can’t Be “Reclaimed” - $$$
View:
Post by RealityCheck123 on Aug 03, 2021 1:06pm

Most Open Pits Can’t Be “Reclaimed” - $$$

The regulations and expectations of operating mines must be realistic.  Yes, there are immediate and long-term negative environmental impacts.  Site restoration takes decades to acheive similar adjacent land use.  

Proper regulations, knowledgeable government personnel, planning, permitting, inspection, compliance, fines, closure bonding and continued monitoring and maintenance is just part of the process and overall effort.


https://www.rappler.com/voices/thought-leaders/opinion-duterte-new-warning-mining-companies-oceanagold

Comment by fakeman on Aug 03, 2021 2:33pm
And there goes Realitycheck123 and his buddies at the buy position at 10 cents.
Comment by RealityCheck123 on Aug 03, 2021 2:38pm
Does your fallacy make it easier for you to comprehend?   Go with it!
Comment by fakeman on Aug 03, 2021 2:52pm
Does it hurt when your true color comes out? opportunist .
Comment by kingkingmaster on Aug 03, 2021 8:21pm
hey if i can free up some more cash, adding more at 10c myself aint a bad idea.
Comment by rapid_fire_ on Aug 04, 2021 12:18am
This post has been removed in accordance with Community Policy
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