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Title : Lawrence Lepard is a director at a scam (Day 7)
link : Lawrence Lepard is a director at a scam (Day 7)

Lawrence Lepard is a director at a scam (Day 7)

Let us leave aside the fact that Lawrence Lepard should be absolutely ashamed of himself for trying to rip off fellow shareholders in the way that he is doing for a moment. Let us instead consider the project that Rise Gold (RISE.cse) and its convicted environmental offender Ben Mossman CEO is pretending to put back into production (remember; his plan is not to sell gold but paper). That's the Idaho-Maryland mine in California and as RISE.cse has already made its EIA application for the project, the details as well as the obvious shortcomings are in the public realm.

It's not surprising therefore to find out that the locals around the mine site, people who know the facts about it rather than the blather RISE.cse is selling, are rather concerned. Great fun link and here's the list of things that are on their mind:

–Possible misguidance to investors – The obstacles to permitting and high costs of development and operations are not adequately delineated.

-Significant GHG emissions – Initial electric usage will be at least 50 GWH/yr, or about 20% of Nevada County’s total usage. Significant fossil fuels will also be used. It needs to be net zero.

–Impacts of dewatering – Among other things, plans to dewater into S.Fork Wolf Creek were rejected in prior DEIR process due to impacts of permanent flood stage downstream.

–Ground water risks – Potential pollution risks from operations, tailings, explosives, gold processing and threat to local wells beyond the area currently identified.

–Truck traffic – Up to 16 trips/hour for up to 80 years.

–Noise – 24/7 Operations, high velocity fans, aggregate trucks loading, etc.

–Subterrainian reclamation – Risks of toxic leaching over time from 500 tons/day of slurry backfills

–Economic impacts – Negative impacts on local housing, tourism, high tech businesses

–Regulatory challenges – Constant monitoring will needed on numerous operations.

–Habitat loss -Replacing large areas of forested woodlands with barren gravel fill, including “engineered fill” covering 75 acres to depths of 30-70 feet.

These are the same locals who have successfully blocked not one but four attempts to put the mine back into production since it closed in 1955. Betcha Lawrence Lepard didn't tell you about that bit.

Thus Article Lawrence Lepard is a director at a scam (Day 7)

That's an article Lawrence Lepard is a director at a scam (Day 7) This time, hopefully can give benefits to all of you. well, see you in posting other articles.

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