Monday, January 21, 2013
With all the hoopla over a new coal mine opening up here in the Pass, so far all we have gotten out of Riversdale Resources backing up this 'proposed' mine project is a mickey mouse self-serving two page press release (with glowing self-promoting comments from the mayor appended to the bottom). Solely on the basis of that press release our mayor has gone on a media blitz screaming BONANZA!! As if there were actual gold in them thar hills that one could pick up and pocket tomorrow.
No project plan yet (in fact, this is still only a 'conditional' sale) that one can sink ones teeth into like with this one here that I just found on Dean Ward's blog...
Bingay Main Coal Project - Project Description
According to the information provided construction will begin next year on this new mine in the Elk Valley.
If mining is to come back to the Pass by way of Riversdale Resources there is obviously a lot of work that has to be done, and years it will take, as we can plainly see from the project description above.
Which begs the question. Why all the hoopla at this time from the mayor based on nothing more than a two-page promotional press release, while at the same time acting as Riversdale's one-man PR firm? Much like what our previous mayor did with the 'gold dust twins' from River Run. Do we have another case of déjà vu here? More speculation than anything else? After all, reading up on this company's track record they do appear to have been more successful in being 'mine speculators' (promoters) than in being actual 'mine operators', now haven't they?
Or is it as simple as this is election year, and the mayor is in campaign mode pushing yet more pie-in-the-sky dreams that have yet to turn into reality, and very well might as in the case of River Run, turn into yet one more big nightmare instead?
Can't wait for February 6th, when Riversdale's head honchos appear to hopefully give us more than a press release. Like cold hard facts with timelines and such. Otherwise no amount of further such meetings, guest appearances at the local chamber of commerce, etc., and on-going cheer-leading by our local print media leading up to election day is going to fool a community of miner's, who knowing the business, not being a bunch of 'wide-eyed' investors easily fooled by River Run Boys sharpies, in addition to being once burnt twice shy, are going to buy into this. Show me the money!
In other words, they had better have their act together right from day one on February 6th. Otherwise, they could very well find themselves tarred-and-feathered and run out of town, faster than a Kangaroo being chased by a bunch of wild dingoes hungry for a meal. You hear me Mates?
A cynic is not merely one who reads bitter lessons from the past, he is one who is prematurely disappointed in the future.