I am just following up on this since you post facts and only the facts. I am assuming you meant the press release from March 6th, not May 6th. So since you couldn't post it I thought I would

GOGEBIC TACONITE, LLC 402 SILVER STREET HURLEY, WI 54534 (715) 561-2601
March 6, 2012
Statement by Gogebic Taconite, LLC President Bill Williams on State Senate
Rejection of Mining Reforms:
Senate rejection of the mining reforms in Assembly Bill 426 sends a clear message that Wisconsin will not welcome iron mining. We get the message. GTac is ending plans to invest in a Wisconsin mine. We thank the many people who have supported our efforts.


I am guessing your made up press release in your head contained some other information than the actual release.

Nope. Watched the CEO talking to the press that day, press conference. Try again.

post a copy of the press conference notes or a link to it then since every article, link, press release online states something different

??? No, not "every article" states something different. The company could only make a profit if the expensive environmental regulations were removed for them, and this year, as the bill was attempted to be shoved through, the price of ore continued to drop, making the project a complete financial unworkability. It was discussed in multiple places, and I saw it on a news station interview with the CEO by a news guy on the internet, the day the company released their press release.

If you don't agree, or think that's false, I can't help you. Continue to freak out about it.

thanks for clarifying this for me. The mine will be built just north of WI in the UP most likely in the near future. The fact is the ore price drop didn't have anything to do with the company's decision. It had to do with the ridiculous amount of time and money that needed to be spent in order for the permit process that makes any mining activity in WI a losing investment. It is like placing millions of dollars on a horse that should be 20-1 at 2-1 odds. It just doesn't make sense. Spin it however you want. GOP wanted to get a reasonable time frame with responsible environmental standards working with the DNR. The opposition doesn't want Walker to have any victories at all at the cost of jobs, money, etc. Kind of like the letter from the teachers union. I really hope Walker wins again and we can end these political games being played to the detriment of the citizens of the state.

Keep it up Governor!

At the pace set the last two months that comes to 106,000/year, three more years and he's got the 250K jobs promised easy!

Now if Obama could only honor his promise to cut the deficit instead of doubling it!

Just imagine if the legislature actually worked together to help achieve job growth instead of wasting time and money fighting the govenor every step he takes