Quote:
Originally Posted by Riot
??? 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.
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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.