U.S. Mine Corp Bails
It should be no surprise. Lost Coast Outpost reports that U.S. Mine Corp has given up on its plans to build an ore extraction mill on the North Jetty. Unlike what at least one comment to the story claims, I don't think the Harbor Commission can be blamed for their departure. The Mine Corps' statement read in part:
“In our final analysis of the proposal, we determined we could not accept the risk involved with the significant effort and substantial cost it would have taken to receive agency and public approval.”
Keep in mind the Harbor Commission gave them exclusive right to negotiate for 90 days. I can't say for sure how the commissioners themselves felt about the idea, but they did at least meet Mine Corp part way for starters. It's more just a California thing.
Yep. California: the State of NO. Never mind all the voices raised locally when any sort of industry- other than pot related- tries to start here. The only surprise for me is that U.S. Mine Corp didn't foresee that problem before they even made the proposal. I wouldn't have even bothered with California if I were them.
posted by Fred Mangels @ 10:10 AM
12 comments
12 Comments:
Could see this post coming a mile away...
Fred, how do you explain your State of No concept with the financial renaissance currently in place in the Bay Area?
Also Fred, quick internet search, what is available, makes it seem like this company does not have much behind it and I'm guessing would not have been a much better community partner than those other companies who occupied that now barren industrial site. More than "no", which it seems many in the community were ready to listen.
Check out the google street view for their corporate headquarters off of their dazzling web site. 3090 Boeing Road Cameron Park CA. 95682. It's a suburban street.
Also, corporation wiki has Arthur Scott Dockter as the "Director President and Treasurer" and Teresa Dockter as the Secretary. It filed as a Domestic Corporation in the State of Nevada in 9/12/2012.
Seems very, very, very fishy and I think we probably are all better off without them. I would have liked to hear their pitch, and as it stood, and as you point out we gave them 3 months to do so exclusively. That wasn't enough for them I wonder what else they wanted.
"Seems very, very, very fishy and I think we probably are all better off without them."
Sure. In other words, let's not let a company build itself up, because it's not already an established one.
We never even got to hear their specific proposal, probably because they figured out there was so much anti- industry sentiment in the state already, never mind Humboldt.
Heck, I might have been opposed to it myself, after all was found out. I did with the LNG plant (although for different reasons than most). I'd still like to hear the proposal.
The state of no only applies to rural areas?
It applies to the entire state.
The Bay Area is thriving right now in the State of no. How does business overcome such regulatory obstacles and thrive like this? I would be suprised to hear that the Bay Area economy is outpacing all other similar sized regions in the US.
Simply the tech boom, and for some reason a lot of geeks enjoy living in the Bay Area. Tech isn't really regulated yet, although they have started picking on the tech companies over one thing or another.
I wonder how companies like Chevron, Visa, Gap, Wells Fargo, Dolby, Pixar, Schwab did it?
In California? They started here long ago, before it became the State of NO. There's been rumblings of Chevron wanting to move out of state. Isn't it their refinery in Richmond that keeps getting hassled by the locals?
But they are still here Fred, still doing business in California. Your state of no argument may have legs in Humboldt and other more rural communities where opportunities are limited, but it falls well short statewide to refer it as fact.
Fred, it's all about the $. If the company, or a similar firm, thought the project was financially viable, they would not have pulled out. Of course policies/politics play a role in the financial decisions, but the project was obviously marginal from the start. But hey, I guess it's just more fun to blame the liberals than to look at the situation.
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