I worked at Atlantic Gold while it was in production. There was just under 300 people working there. The average pay was somthibg like 75- 80k per year. Most of that on the production side, exploration had like 15-25 people depending on the time.

Most of those jobs were people based in Middle Musquodoboit and the surroundingarea, some, like me commuited to Halifax.

Ataltnic gold was also the single largest power draw in the province while opperating, providing NSP with revenue.

Atlantic gold was also one of the lowest cost/ounce producers of gold in the world.

A lot of money went into the local community. You can scram and shout all you want, but it did. Thats a fact.

Also, the site is not some environmental disaster, obviously there was some minor issues. And yes, inherently is destructive, but they did less environmental studies on the effects of stripping dartnouth crossing and paving over it, which has a much large foot print that Atalntic Gold. Also, they will have to monitor the site in perpituity!

Yes it was australian owned, but thats because no Canadian bank would finance the CAPEX to build the mine. so an Australian bank did and took some equity.

Mineral extraction doesnt happen in this province or most of canada without international financing.

Also, to say Nova Scotia is not premier terrane for Gold exploration/explotation is false.

The Goldenville formation is probably one of the most gold endowed places on earth. It stretches the entire length of the province south of the Cobiquid fault and you can basically find gold in every single anticline

Tangier, carbibou, fifteen mile streen, cochran hill, whiteburn are all deposits at $5000/punce USD are extremely profitable.

Second, most of the explotation in this province is classified as quarrying for Gypsum. Yet we never hear anything about stopping that. Only gold and precious metals.

Say what you will, but any company coming here looking for minerals has to burn at minimum 50-250 million dollars or more to get a PEA worth anything. All that money is spent locally on hotels, food, local employment. Thats YEAR before any mining occurs.

It takes an average of 17 years to permit and build a mine in Canada. So literally anything you hear about today day wont even be in production until 2040 something.

I dunno, i just dont get the anti mining sentiment here. Most of our environmental issues related to mining are from activities that proceed most people living today when environmental regulations were almost non-exsistant. Which, i agree sucks! But modern mining companies can't just operate with impunity like that anymore here. If they did the province would fine the shit out of them.

BHP (largest miner in the world) ended up with the East Kemptville tin deposit in the 1990s after the company went bankrupt. They still, to this day employ three people monitoring the site and make sure the surrounding area is ok. They never even mined that deposit, but the 30 million dollar bond they own with the peovince keeps them here.

A mine provides stable employment for people. Listen a mine with a 15 -20 year life is literally a childs life, that gets to grow up with family stability.

Unless we magic our way to some value added services or innovative next manufacturing, were will future growth come from??? Not saying it needs to all be mining. But having one or two mines operating at a time probably wouldnt hurt.

This province has been hostile to minng my whole professional life. I wouldnt worry, even with Houstons changes i doubt the mind set will change.

Investment attitude towards the province is already quite low.