Published: Tuesday, April 16 2013 5:55 p.m. MDT
Losing money makes for a good lead in to magnificent profits for the coming year
and maybe even a billion dollar tax refunds for imaginary losses. The land slide
to me looks like a whopper profit savings event that will save them billions in
mining expansions in natural event of land slide. Apparently they mind was
close to needing a lot of blasting to move overburden to get to the metal seam.
Not only did the slide loosens up 165 million tons it will save them millions in
dynamite and clearing bedrock debris and leave it where it is.I see
this as a plus, plus money saving event that in the long run multiply profits in
relocation costs for this overburden. Roads around the rim will not be very
costly, they have all their own equipment to plow around closer to the copper
and gold. Utah governemnt is talking scared just to raise taxes for
the delayed profit of copper production.
$0.02 conspiracy theories run rampant. If there is a loss of jobs and tax
revenue as predicted, Utah can document the importance of mining to our economy.
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