New Mining Investment Opportunities in British Columbia

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Here is a good news item that may affect the fortunes of mines in British Columbia and hence your chance to profit. The Premier of British Columbia on Friday announced that the province would start preparing an environmental assessment and consultation with affect First Nations on construction of a new power line up along Highway 37.

There are at least ten properties along the route of Highway 37 that could become producing mines if the powerline is built. Thus this announcement gives promise that these properties may now proceed to profitable mining.

The question you need to ask, is should you invest now against the time when the EIS is complete and the powerline built and mining begins. It is admittedly a long haul from start of preparation of an EIS to actual start up of a new mine benefitting from the power supplied by a newly completed powerline. But in the current investment climate, maybe this is as good an opportunity as it gets.

A full report on the mines that may come to be is available from the Mining Association of British Columbia. The 45-page document is replete with details that you should examine before rushing out to buy shares, but the information is there if you contemplate such a move.

It is a sad reflection on current events that the only thing we have to revel in is a prospective new powerline. But maybe this is a harbinger of things to come. Namely, that government action to stimulate the economy is needed elsewhere as a kick-starter to mining and mining investment.