Mine project unrealistic
December 26, 2012
The City of Grass Valley has deemed the Idaho Maryland Mine's proposal withdrawn!
Dave Watkinson (corporate president) writes, "Emgold's goal has been to construct a project socially and environmentally responsible …"
Grass Valley City Council has sent this Canadian penny stock back to the start. After a failed Environmental Impact Report three years ago and three failed attempts, now the city has said enough.
The tile factory planned to capture 16 percent of the nation's tile needs will never happen. The job numbers are totally unrealistic. Draining all the hundreds of miles of underground tunnels between Grass Valley and Nevada City, while not affecting our community's water supply is unrealistic.
Not being able to reach air quality standards is unrealistic. Reopening the Idaho Maryland mine inside the city of Grass Valley, accompanied by a tile factory is a total zero!
Thank you, City of Grass Valley, for calling this foreign corporation's plan unrealistic.
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Dave Watkinson, your corporation isn't "in the final stages of permitting" as you have told your shareholders for years.
In fact, you are again back to the start. Your project is at zero, where it belongs.