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Banks Island Gold Ltd BKSLF

Banks Island Gold Ltd is a gold producer with its operating mine in British Columbia, Canada. The Company also engages in the acquisition, exploration and development of mineral properties.


GREY:BKSLF - Post by User

Bullboard Posts
Comment by bxjuon Jul 31, 2015 10:10am
99 Views
Post# 23979476

RE:RE:RE:BOZ is basically a Poster Child for TSX.v

RE:RE:RE:BOZ is basically a Poster Child for TSX.vWell, My opinion came from an on site visit report and there is no risk to any Salmon.

NAME ONE MINE OR OIL/GAS FIELD OR OIL AND GAS TRANSPORT THAT IS LESS RISKY TO THE ENVIRONMENT THAN BOZ? Even most non operating mines are more risky.

 Since Canada's economy depends on mining its abundant natural resources and I am including oil and gas in the broad sense of mining, you always have some risk.  This was a MINOR issue, if the government cannot work with companies to try and help them survive why should anyone invest their mney in theise Canadian Resource companies?  If you are an oilman, there is far more risk to the enviroment from oil than the small BOZ set up.  The Venture Exchange is on its death bed and I, like a large # of others, will NOT invest in any more Venture stocks and will have to look very carefully in even investintg in TSX resource stocks with operations in Canada if they are going Heavy Pro Environment.  There has to be a happy medium or the Canadian Economy is going to get into even worse shape jmo.

Here is part of the OUTSIDE on site report:

~
XXXX inspected Banks Island Gold’s Yellow Giant mine yesterday. We are sorry to say that we think the best thing to do now is to exit.
This is not because Banks has a serious environmental problem.
Louis saw the various spill locations. It’s just as management reported; these are very minor issues. The biggest spill is on the order of what you’d have if a haul truck went off a road and spilled its load in a large operating mine. Well, it would be if the ore in such a mine was non-acid generating.
How did it happen? Banks has been pumping its tailings, which are not toxic and contain no cyanide, back into the mined out stopes the rock came from in the first place. This operation overflowed due to an exceptionally heavy rainfall. As luck would have it, this happened just two days before a pump intended to prevent just such an event was to be installed

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