- January 09, 2013 - 18:21
ADV fully diluted market cap: $300M, so much for multi-billion in order for governments to not go into debt they need the mining industry. would you rather be america on the brink of default or pay a little more tax. suck it up as for minerals being processed here, there aren't any decent-sized smelters in canada, let alone newfoundland. if you want to put your hand up to build one, multiply the cost of muskrat by 5 fold, then make another muskrat to power it
- Maurice E. Adams
- January 09, 2013 - 12:22
So additional debt will be incurred by low and middle income ratepayers/taxpayers and our scarce windfall oil revenues are to be passed over to Nalcor so that Nalcor can build a transmission line for Danny's mining company (Alderon)........ This is especially galling when you consider that it will cost somewhere in the range of 20-40 cents/KWh to generate and transmit the power to Alderon, and Alderon will pay only about 2-3 cents/KWh for that power ---- essentially near-zero cost power for multi-billion dollar mining companies paid for on the backs of low and middle income earners ---- Why incur that cost when Quebec could sell them all the power they need for competitive prices -----AT NO COST TO NL RATEPAYERS? ..... This government is making ordinary workers/homeowners pay dearly so that the mining industry can have higher profit margins. It is as simple as that.
- Albert Webber
- January 09, 2013 - 13:32
Labrador has been a meca for business paid for by the Labrador people... They come in, give a few low to lower job's to the local's too keep quiet. Then they reep all the benifits and leave a mess, for the Labrador people to suffer. All is not right with this... Take back Labrador!!!
- January 09, 2013 - 09:06
Whatever happened to that bombastic premier of ours who used to say our resources like minerals should be processed here in NL? I wonder what he'd think of this Alderan plan?