Originally posted by Purl Gurl:
I am a very strong advocate of protecting
our environment, not only here but in space
and upon other planets and planetary bodies.
Some would consider me an extremist. My
view is our Earth is doomed to severe mass
extinctions of species within fifty years.
Most of us won't be around, but my girl
and her children will be.
Our moon and Mars, already polluted with
our junk, some, radioactive.
GV, Goldfield Corporation is a good case
study for environmental issues, and a good
case study for poor decisions being made
by investors who do not bother with research.
Goldfield has in its history a filing by
the Environmental Protection Agency (EPA)
for cleaning up toxic "tailings" from
mining operations decades back, long before
almost all of you were born.
Historically, GV stock remains at .60 to .64
per share because of this. Inverstors very
recently decided GV is a good investment
and are hyping this stock, driving prices
up over .70 per share.
Goldfield issued a statement they are not
responsible for these mining tailings, and
tried to blame this on a subsequent owner,
in company sponsored news.
Research shows a different story.
Records related to mining, state, county,
mining industry records and such, show
Goldfield owned this mine in question from
1945 to 1955, give or take a few years.
Greatest mining activity took place around
1950 to 1955, the quit. Subsequently this
mine has collapsed, literally, and is no
longer being mined. Sometime around 1958
to 1959, Goldfield sold this mine to a
company, forgot the name. Nonetheless,
no active mining since then.
Goldfield blames this new owner for those
environmental damages. I am skeptical.
Nonetheless, investors are mining this
mine stock like the Seven Dwarfs hyped
up on thoughts of Snow White.
A challenge for you to learn how to perform
really good research.
Find those records, I found, which show
ownership per time period, and show when
mining was most active; what time period.
EPA is going to slam Goldfield really hard
with millions of dollars in clean up costs.
Investors who don't do their research, are
about to get slammed by Tree Huggers, such
Do your research at leisure, discover if
you can find my references. You will learn
a lot doing so and will be a better investor.
I am off to hug our trees. I love them!
However, Monkey Pod trees are a bit of
a challenge to hug. We have lots.