RE:RE:It's all a big friggin lie. You are being scammed. CopperBull, I've said this before. A new application with some changes is needed to submit to the EAO.
"Some changes" dramatically under states what will be needed. For starters, the government wants to see an entirely new alternative mine plan. They have stated this several times in their correspondence and PBM management and shareholders just brush it aside.
Wake the h3ll up ! Stop thinking that you can just ignore what the government wants. I'm, telling you right now, the government is not going to accept an AE scope statement that does not include an alternative mine plan. And that is years of work.
John told everyone how PBM was going to get a certificate without a SAIR and doing the work in a SAIR. Look how wrong he was. Not only did PBM not get a certificate without a SAIR, the government closed their assement application entirely !
But, it mean nothing is LBN is not agreeable. PERIOD.
You are wrong. John perpetrates this myth so as to create an "Us against Them" situation where he then proclaims himself the savior that will triumph. Totally stupid. Amateur machiavellianism. Cult leaders do this.
I'm not saying that FN support isn't desireable and helpful. Of course PBM wants FN approval on their project and have them as partners. But there are many projects in BC that obtained an EA certificate in spite of FN disapproval.
Stop thinking that obtaining FN approval is the be all and end all. The government has been very clear with PBM that they dislike several aspects of the current mine plan. Gaining FN approval will not change their stance on that.
Furthermore, stop thinking that FN approval can be bought. And, btw, offering to let FN buy into the project is a nothing burger. They can already buy in with stock if they want !
And, I don't think there's anyone on the present Board that is capable of getting that agreement.
Agreed.
But, there's only about a 10-15% chance of getting approved, even with LBN onboard and a good, new application.
That is total BS thinking. If PBM were to bring a well designed project to the table with minimal effects in the eyes of the ministers, it would gain approval. PBM's problem is that they are continually fighting with the ministers and trying to ram through a project that the ministers don't like.
Most of the time, 3 stikes and you're out. They'll probably wants a new batter.
The minsters specifically invited PBM to submit a new application with an alternative mine plan. Yes, they are probably tired of dealing with PBM management, which is why it is so puzzling to me that the shareholders voted them back in at the AGM. Do you really think that John, Erik and Ruth are the best people for this job ? (Shake my head.)
There are so many things wrong with the management and shareholders in this company that it is essentially unfixable. They've been wrong and done the wrong things for the last 10 years. Why in the world would things suddenly go right for them ? In fact, the task in front of them is now much harder, because they are starting out from scratch.
The next couple years are going to be fascinating to watch. How long can John lie to shareholders and lead them down false paths before they figure out that he doesn't have a clue. My guess is 5 years.