- November 07, 2013 - 14:49
Black Spruce Exploration: I strongly suggest you take a glance at Thomas Resources' "Lessons Learned the Hard Way" and pack up and move on to somewhere else --- anywhere else ---- that values economic development over crass vote pandering. Here, if you get your permits, you'll inevitably suffer long labour strikes. If you eventually find oil, the government will screw with the (currently nonexistent) royalty regime that you are inexplicably willing to overlook. Ultimately, there will be a public outcry to keep and sell all the oil locally at a fraction of the market price. In summary, this is the last, worst place on Earth to engage in any sort of business. Do not walk. Run.
- Paul Pike
- November 07, 2013 - 10:38
They have something up their sleeve, they know that testing will be done research will be done and they will be paying for that research. And of course it will be announced that hydraulic fracturing is safe, and the province will then feel like it can go forward. Very crooked indeed.
- woodrow pelley
- November 07, 2013 - 10:21
Black Spruce's earlier email about the commencement of fracking in Newfoundland reeked of arrogance. Perhaps they were thinking Newfoundlanders are ignorant rubes and an easy pushover on the risks of fracking. Minister Dalley showed that the people of Newfoundland will decide how and when they will exploit their natural resources, not some corporate bigwigs who's ONLY motivation is to "enhance shareholder value." Take a hike Black Spruce!