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Mine Exploration Forum

Author Mining destruction of an island
carnkie

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Joined: 07/09/2007
Location: camborne, cornwall

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Mining destruction of an island
Posted: 03/01/2010 23:55:12
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Mining phosphate on the island of Banaba effectively destroyed it and dispersed the population. The word greed springs to mind. One of many injusticies imposed on a defenceless people by the empire builders. A brief history. [web link]

Reminds me of the Chagos Islands but that's another story. Just a brief reminder. [web link]

Nothing to do with mining. Surrender

--

The past is a foreign country: they do things differently there.
IP: 80.47.207.127 Edited: 04/01/2010 00:00:16 by carnkie
ICLOK

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Joined: 19/02/2008
Location: Ripley, Derbyshire up North.

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Mining destruction of an island
Posted: 04/01/2010 07:14:50
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Also off mining but about the destruction of an Island-

Theres another island that has been totally trashed also, its industry has been annihilated, its economy trashed by an idiotic fiscal policy / social experiment by its government, with its bankers allowed to trade away its countries wealth, with a polarised people who are afraid to speak out against a failed immigration policy, with draconian state imposed rules that have sacrificed its inhabitants Liberty on the grounds of Security, and where its government is hell bent on giving away its sovereignty without asking its population and where its politicians have more or less all been shown as corrupt but allowed to get away with it...

Welcome to the UK! Wink Laugh

--

Wat a lo da gob ul dyg ook
IP: 78.148.125.184
Ty Gwyn

Joined: 30/10/2009
Location: Lampeter

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Mining destruction of an island
Posted: 04/01/2010 10:57:05
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Well said Iclock. IP: 78.150.41.96
Morlock

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Mining destruction of an island
Posted: 04/01/2010 13:00:31
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Nice, Concise. IP: 86.0.89.115 Edited: 04/01/2010 13:03:18 by Morlock
JohnnearCfon

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Joined: 22/12/2005
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Mining destruction of an island
Posted: 04/01/2010 13:27:02
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Is that the island that Alan Wicker had visited years ago and he re-visited in his "Alan Wicker's World Tour" about a year ago? When he first visited it (clips were re-shown) a lot of the islanders had purchased high powered motorbikes even though the island only had 25 miles (IIRC) of road, purely because they had to spend all tha money on something. IP: 84.13.74.251
stuey

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Joined: 15/08/2007

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Mining destruction of an island
Posted: 04/01/2010 14:54:34
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Tying the original comment in with ICLOK's savvy insight,

The evolution of the human population has made injustices necessary in the struggle for "survival". The free market and it's ramifications are as fundamental to humans as hands or ears. Clearly, as population carries on growing, the struggle becomes even more fierce and at some point something has to give. It will trash the environment and people will come up against very hard times in due course, probably overpopulated areas who have not mitigated against peak oil.

So, there are several approaches to dealing with this. One approach practised by all varieties of tie colour in Brit Politics seems to be social democracy. (it isn't actually democratic, but we'll ignore that, like they do). I'm very interested in the thinking behind current politics and reading the ideologies of socialism is quite scary. Forced inclusion and forced equality deny reality.

We've come from a ruling class decimating the world, to another ruling class who are as far removed from reality as the miners were from Bassett's wealth in 1850.

I'm not sure what the future is, but the current crop of idiots have reality denial down to such a fine art, all hell could erupt.

ICLOK, you should have said "welcome to the EUSSR" Wink

There will be a point in the future where mining starts impacting the countryside closer to home and it will be interesting to see how the "standard of life" people clash with "the standard of the environment" people. Sadly, mining is taxable and generates wealth, whereas smelly hippies don't.

People will start digging up Kernow again at some point and there will be hell up.

You can try and strangle their profits with eco taxes and communitarian principles, but the bottom line is that Social Democracy survives on the taxes of people actually doing something.......

moan mode off.... Smile
IP: 87.115.175.80
Morlock

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Mining destruction of an island
Posted: 04/01/2010 15:18:38
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On a brighter note.

[web link]

Long live the free market. Big Grin
IP: 82.26.154.16
viewer

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Location: New rules mean it's a secret

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Mining destruction of an island
Posted: 04/01/2010 15:26:53
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Morlock

I held nearly 900 of these including my entitlement from the rights issue. Bought at up to 150p pr share over the last year!

lost a fourtune on them and cut my losses before xmas at 73p a share! doh!



--

'Learning the ropes'
IP: 213.146.148.199
Morlock

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Mining destruction of an island
Posted: 04/01/2010 15:41:04
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viewer wrote:

Morlock

I held nearly 900 of these including my entitlement from the rights issue. Bought at up to 150p pr share over the last year!

lost a fourtune on them and cut my losses before xmas at 73p a share! doh!



Yep I lost a bit with them last year, sold too late! Took a bit of a risk this time at 64p, so far I am in profit. Smile
IP: 86.23.75.103
viewer

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Mining destruction of an island
Posted: 04/01/2010 15:44:35
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Do you use ADVFN much?

It is the site I mainly use for the share dealing type of thing.

My hunch is you'll be OK long term at 64p. The large brownfield property portfolio will improve the balance sheet once property prices (residential and commercial) pick back up later in the year.

Off Topic Ban Me

--

'Learning the ropes'
IP: 213.146.148.199
Morlock

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Mining destruction of an island
Posted: 04/01/2010 15:58:50
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I look at it every day, watch what's starting an upwards trend in lowish cost shares, buy a lot and sell at the first indication of a downturn.
Sometimes I sell too early but I always limit losses purely on 'hunch/feeling'.
I do not invest long term since I tied a bit of money up in Property Bonds, a bad move really.
IP: 86.23.75.103
viewer

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Mining destruction of an island
Posted: 04/01/2010 16:10:09
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I look at current price against previous 12 month high, looking for a big reduction in price then consider what's caused that and has it been oversold. If i think it is oversold or problems are not as big as the market thinks, i'll take a punt.

Hence Im in Uniq, Sunkar Resources (miner in Kazakhstan), UKC (was), Polo Resources (coal and uranium interests), Angel Mining (Gold in Greenland), Natikoula Gold (Fiji gold mine), Styles and Woods and SDI Distribution. oh and RBS

I'm 2viewer on ADVFN but you won't see me post very often (often too childish and quite personal posts - unlike AN or ME)

Did you do well in 2009 with your strategy?

By the way, i have noticed a distinct correlation between price movements of RBS and UKC! often peaks and troughs throughout the day, week, month very very similar

--

'Learning the ropes'
IP: 213.146.148.199 Edited: 04/01/2010 16:11:27 by viewer
ICLOK

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Mining destruction of an island
Posted: 04/01/2010 16:30:24
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Stuey,
Like the EUSSR.... Laugh

Try this re the global economy
[web link]

and the true wealth of Britain[web link]

Hmmmmm... any of the above sound familiar... I keep reading this trying to pick holes in it, but working as I do on a global platform I struggle to fault it, even though I don't want to believe it....
In dealing with China, Taiwan, Korea, Australia, India etc etc and I don't see a recession there just more of a trading glich that now seems over, there still seems lots of investment opportunities and a great trade in resources such that I watch which companies are buying shed loads of new equipment ready to expand and invest accordingly.... I'll never get rich but it still saw me in good profit last year after fees etc..

--

Wat a lo da gob ul dyg ook
IP: 78.148.125.184 Edited: 04/01/2010 16:33:14 by ICLOK
carnkie

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Mining destruction of an island
Posted: 04/01/2010 17:02:39
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JohnnearCfon wrote:

Is that the island that Alan Wicker had visited years ago and he re-visited in his "Alan Wicker's World Tour" about a year ago? When he first visited it (clips were re-shown) a lot of the islanders had purchased high powered motorbikes even though the island only had 25 miles (IIRC) of road, purely because they had to spend all tha money on something.


I'm afraid I don't know which island(s) Wicker visited but have doubts whether it was either of these two.

Chagos archipelago is a military zone and has served in launching B52's during operation Desert Fox in '98 in Iraq, and the various bombing attacks on Afghanistan and Iraq thereafter.

Banabu is a virtual wasteland. Today from an original island consisting of 1,500 acres, only 150 acres around the shoreline remains unmined. [web link]

--

The past is a foreign country: they do things differently there.
IP: 80.47.157.221
Morlock

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Mining destruction of an island
Posted: 04/01/2010 17:17:31
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viewer wrote:

Did you do well in 2009 with your strategy?


Excellent in the first 4 days of 2010. Big Grin

2009, just messed about a bit but good overall return. Smile

When government policy is firmed up on furure energy supply UK Coal may also be good long term.

Edited to correct dates, must be going (more) senile. Laugh
IP: 86.29.96.83 Edited: 04/01/2010 17:36:11 by Morlock
Morlock

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Mining destruction of an island
Posted: 04/01/2010 17:19:54
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Back on topic, I think this island had quite a good documentary on TV many years ago? IP: 86.23.36.20
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