What to do with the Monaghan gold mine

squod

Exploration company Conroy Gold and Natural Resources says it has received positive results from the first hole completed in its planned 3,500 metres infill drilling programme at its Clontibret gold project in Co Monaghan.

http://www.rte.ie/news/2011/0413/conroy-business.html

'The programme will allow us to optimise the mine design, which shows us initially producing 24,000 ounces of gold per annum, and to further define the resource.,' commented Conroy Chairrman Professor Richard Conroy said.

So AH, what to do?

TeddyTedson

Let me just get some ****e out of the way for you...
...ahem..
Blast it with Piss!

Fap!

Coke and hookers.

joshrogan

Give it to our mighty German overlords!

Kevin Duffy

Don't tell the IMF about it for a start.

pragmatic1

Do what we always do and give it away for free.

questionmark?

TeddyTedson wrote: »

Let me just get some ****e out of the way for you...
...ahem..
Blast it with Piss!

Fap!

Coke and hookers.

Most intelligent, fully comprehensive, witty post ever to be seeing on boards.






Anyone know where to get a new sarcasm meter cause I just broke mine there.

Dangerous Man

Get the lads in to have a look at it - sure if we play our cards right we can all make a few quid out of it. Get the brown envelopes ready. Call Lowry, grease some palms and shake some hands. Chuckle loudly in a suit.

K-9

I'd wait for the feasibility study first and probably for them to do the exploratory work.

Rented Mule

@ €24 million at today's prices per year before costs. It's a drop in the bucket when it comes to the national debt.

If you want to go after something, I'd hit the Corrib gas field and actually make some money on the deal.

squod

Rented Mule wrote: »

@ €24 million at today's prices per year before costs.

Exactly, they're saying it's €24 million. That's assumptions based on one shaft or whatever. What if they dig up a billion euros in gold over the next seven years?

Kevin Duffy

squod wrote: »

Exactly, they're saying it's €24 million. That's assumptions based on one shaft or whatever. What if they dig up a billion euros in gold over the next seven years?

That will be soaked up by the "planning application fees", the security bill and the inevitable tribunals to examine the "planning application fees" and security bill.

K-9

Rented Mule wrote: »

@ €24 million at today's prices per year before costs. It's a drop in the bucket when it comes to the national debt.

If you want to go after something, I'd hit the Corrib gas field and actually make some money on the deal.

Yep, let's wait until they actually start actually generating profits. 80% of 0 is 0.

dvpower

pragmatic1 wrote: »

Do what we always do and give it away for free.

But we don't own it.

Pauleta

To be a left wing loon for a few seconds i would say nationalize it if its profitable by at least 1 cent.

steddyeddy

My friend is one of the geologists involved in this he says it looks like there is a fair amount down there.

TeddyTedson

questionmark? wrote: »

Most intelligent, fully comprehensive, witty post ever to be seeing on boards.






Anyone know where to get a new sarcasm meter cause I just broke mine there.

You do realise that was my point, don't you?

General General

Doesn't nationalisation bring with it the risk of an Attack of the Clones scenario?

General General

TeddyTedson wrote: »

You do realise that was my point, don't you?

I doubt it, questionmark? is as thick as the sh!t in a sh!t sandwich a young fella from Dundalk will eat to try & get famous on youtube

I'm being sarcastic, of course.

Einhard

Rented Mule wrote: »

@ €24 million at today's prices per year before costs. It's a drop in the bucket when it comes to the national debt.

If you want to go after something, I'd hit the Corrib gas field and actually make some money on the deal.

You can be quite sure that soon we'll have the Monaghan equivalent of Shell to Sea claiming there's €47 squillon billion worth of gold down that shaft, and that the government are giving it all away for free!!

Einhard

Are the people who want to nationalise this find crazy, or just advocates of daylight thievery?! Seriously, a private company finds some gold on private land and, after taking all the risks and expense to do so, the state comes along and robs the lot from under it?! Why is it wrong for me to steal from somebody, but laudable when the state does it? And who the hell is gonna bother looking for gold or other minerals when, everytime they make a find, the light fingered arm of the state comes along and relieves them of their possessions?!

General General

Einhard wrote: »

Are the people who want to nationalise this find crazy, or just advocates of daylight thievery?! Seriously, a private company finds some gold on private land and, after taking all the risks and expense to do so, the state comes along and robs the lot from under him?! Why is it wrong for me to steal from somebody, but not laudable when the state does it? And who the hell is gonna bother looking for gold or other minerals when, everytime they make a find, the light fingered arm of the state comes along and relieves them of their possessions?!

Good point.

I think we should nationalise your posts on AH.

orourkeda

questionmark? wrote: »

Most intelligent, fully comprehensive, witty post ever to be seeing on boards.






Anyone know where to get a new sarcasm meter cause I just broke mine there.

a coked up hooker wanked piss onto it while administering a blow job and cooking a steak

squod

Einhard wrote: »

Are the people who want to nationalise this find crazy, or just advocates of daylight thievery?! Seriously, a private company finds some gold on private land and, after taking all the risks and expense to do so, the state comes along and robs the lot from under him?! Why is it wrong for me to steal from somebody, but not laudable when the state does it? And who the hell is gonna bother looking for gold or other minerals when, everytime they make a find, the light fingered arm of the state comes along and relieves them of their possessions?!

Who owns what is a matter for the government. Any how, it's fairly common to levy high taxes against people taking stuff like this out of the country. I don't see why we're not doing the same.

General General

squod wrote: »

Who owns what is a matter for the government. Any how, it's fairly common to levy high taxes against people taking stuff like this out of the country. I don't see why we're not doing the same.

Good point.

I think we should start levying high taxes on your posts on AH.

policarp

Jobs for all them gold diggers who'se developer boyfriends have been NANAised.

K-9

squod wrote: »

Exactly, they're saying it's €24 million. That's assumptions based on one shaft or whatever. What if they dig up a billion euros in gold over the next seven years?

A Billion would pay the Welfare bill for about 2 weeks.

Einhard

squod wrote: »

Who owns what is a matter for the government.

Eh maybe in North Korea. There's the pesky little matter of the Constitution, and the independent judiciary to consider.

Any how, it's fairly common to levy high taxes against people taking stuff like this out of the country. I don't see why we're not doing the same.

Isn't that a contradiction? If there are already high taxes on people taking stuff like this out of the country, then surely we are doing it?

Incidentally, why not nationalise farming, and the food processing industry. I mean, they are billions to the likes of Glanbia and Kerry Group. Why not just cut out the middleman so to speak, and rob nationalise their assets.

steddyeddy

Einhard wrote: »

Are the people who want to nationalise this find crazy, or just advocates of daylight thievery?! Seriously, a private company finds some gold on private land and, after taking all the risks and expense to do so, the state comes along and robs the lot from under him?! Why is it wrong for me to steal from somebody, but not laudable when the state does it? And who the hell is gonna bother looking for gold or other minerals when, everytime they make a find, the light fingered arm of the state comes along and relieves them of their possessions?!

If a geologist finds oil on your land are you not entitled to some profits even if they put in years of work and expense? The state isnt robbing what is infact Irish soil.

OPENROAD

https://www.youtube.com/watch?v=gSq8ZBdSxNU

saywhatyousee

Einhard wrote: »

Eh maybe in North Korea. There's the pesky little matter of the Constitution, and the independent judiciary to consider.





Isn't that a contradiction? If there are already high taxes on people taking stuff like this out of the country, then surely we are doing it?

Incidentally, why not nationalise farming, and the food processing industry. I mean, they are billions to the likes of Glanbia and Kerry Group. Why not just cut out the middleman so to speak, and rob nationalise their assets.

Isnt farming more less nationalised already,government tells you how much you can grow,cuts you a check yadda yadda

saywhatyousee

Einhard wrote: »

A! Why is it wrong for me to steal from somebody, but laudable when the state does it? And who the hell is gonna bother looking for gold or other minerals when, everytime they make a find, the light fingered arm of the state comes along and relieves them of their possessions?!

Problem is private companys do not own the earth,Irish soil belongs to Irish people and the minerals and oils underneath it.Its fair to pay them a profitable percentage to extract it.In the current system it makes no difference if companys finds, anything or not because we wont get anything for it anyway,mabey a pat on back "well done lads ye have gold,were just going to relieve you of it know" we might employ 50 goons doin it wahaay

Einhard

steddyeddy wrote: »

If a geologist finds oil on your land are you not entitled to some profits even if they put in years of work and expense? The state isnt robbing what is infact Irish soil.

Of course. That's only right and proper. What those who advocate nationalisation want to see though, is the state trampling all over private property rights.

saywhatyousee wrote: »

Problem is private companys do not own the earth,Irish soil belongs to Irish people and the minerals and oils underneath it.Its fair to pay them a profitable percentage to extract it.In the current system it makes no difference if companys finds, anything or not because we wont get anything for it anyway,mabey a pat on back "well done lads ye have gold,were just going to relieve you of it know" we might employ 50 goons doin it wahaay

Eh that's bullsh!t. Anyone extracting this gold will have to pay for the right to do so. They won't be allowed to send in goons or any such nonsense. Methinks your boas is showing...

squod

squod wrote: »

Who owns what is a matter for the government. Any how, it's fairly common to levy high taxes against people taking stuff like this out of the country. I don't see why we're not doing the same.

What the fuk.

steddyeddy wrote: »

If a geologist finds oil on your land are you not entitled to some profits even if they put in years of work and expense? The state isnt robbing what is infact Irish soil.

What the fuk.

saywhatyousee wrote: »

Problem is private companys do not own the earth,Irish soil belongs to Irish people and the minerals and oils underneath it.Its fair to pay them a profitable percentage to extract it.In the current system it makes no difference if companys finds, anything or not because we wont get anything for it anyway,mabey a pat on back "well done lads ye have gold,were just going to relieve you of it know" we might employ 50 goons doin it wahaay

What the fuk.

MarkR

Leprechauns for all.

Orando Broom

Kevin Duffy wrote: »

Don't tell the IMF about it for a start.

We could be like elves that furiously guard our stash and put magic spells on Germans.

Lando Griffin

Its a disgrace.
They want to build a shaft into the ground several thousand feet down.
SO you know the risks involved.
All the waste material and chemicals mainly cyanide.
What if some locals breathed in this noxious gas.
Look at any other gold mine around the world and the total devasitation of the area, what if there are rear species of animal, bird or slug habititing this area? They will be wiped out.
I for one would welcome a group like Conway Underground Non-mine Troops to oppose this.

Do you realise how close this is to Northern Ireland?
If they drill down and a bit to the right, they could find themselves in a different country hence having to give all the gold to the British.

conorhal

Rented Mule wrote: »

@ €24 million at today's prices per year before costs. It's a drop in the bucket when it comes to the national debt.

If you want to go after something, I'd hit the Corrib gas field and actually make some money on the deal.

Not if the government implement part two of my cunning plan, we detonate an atomic weapon in the heart of Fort Knox irradiating a large portion of the world's supplies of gold, the precious mineral would instantly soar in value and we could pay off our national debt!

RachaelVO

conorhal wrote: »

Not if the government implement part two of my cunning plan, we detonate an atomic weapon in the heart of Fort Knox irradiating a large portion of the world's supplies of gold, the precious mineral would instantly soar in value and we could pay off our national debt!

With this sort of cunning we cannot fail!!!

admiralofthefleet

dont let fianna fail near it

K-9

Lando Griffin wrote: »

Its a disgrace.
They want to build a shaft into the ground several thousand feet down.
SO you know the risks involved.
All the waste material and chemicals mainly cyanide.
What if some locals breathed in this noxious gas.
Look at any other gold mine around the world and the total devasitation of the area, what if there are rear species of animal, bird or slug habititing this area? They will be wiped out.
I for one would welcome a group like Conway Underground Non-mine Troops to oppose this.

Do you realise how close this is to Northern Ireland?
If they drill down and a bit to the right, they could find themselves in a different country hence having to give all the gold to the British.

Maybe there are legitimate concerns but jaysus, people will find anything to protest at!

punchdrunk

Lando Griffin wrote: »

What if some locals breathed in this noxious gas.

eh,it's Monaghan they're either on the dole,or vampire farmers sucking the country dry of subsidies

Tipp Man

Einhard wrote: »

Eh maybe in North Korea. There's the pesky little matter of the Constitution, and the independent judiciary to consider.





Isn't that a contradiction? If there are already high taxes on people taking stuff like this out of the country, then surely we are doing it?

Incidentally, why not nationalise farming, and the food processing industry. I mean, they are billions to the likes of Glanbia and Kerry Group. Why not just cut out the middleman so to speak, and rob nationalise their assets.

Einhard you underestimate the left leaning and sometimes downright communist nature of quite a lot of Irish people. It is almost certain that some would like to see the agri industry nationalised as well using "the current economic circumstances" as the excuse

squod

Einhard wrote: »

Incidentally, why not nationalise farming, and the food processing industry.

We bleedin' are! Farmers get incentive payments, farm supplement payments, all kinds of crap. As for the banks, you'd think we owned them !
It's perfectly logical for the government to act with good will towards it's people. Just because you haven't experienced it here, doesn't mean that's the norm.

squod

K-9 wrote: »

A Billion would pay the Welfare bill for about 2 weeks.

Or pay for an investment programme to encourage business start-ups. I see the glass half full like.

D

Gold mine is already in private hands about 600 mill worth of gold but it would cost about 450 mill to extract meaning only 150 profit.

hidinginthebush

Kevin Duffy wrote: »

That will be soaked up by the "planning application fees", the security bill and the inevitable tribunals to examine the "planning application fees" and security bill.

There's also a $5000 "leaving town" tax

Tipp Man

squod wrote: »

Or pay for an investment programme to encourage business start-ups. I see the glass half full like.

Would you then nationalise those business start ups once they started to do well??

hardCopy

Tipp Man wrote: »

Would you then nationalise those business start ups once they started to do well??

Sure why not, then we can nationalise my house after I get the new windows in.

After all, it's not my land, it's Irish land!

squod

Tipp Man wrote: »

Would you then nationalise those business start ups once they started to do well??

Let me tell you something. First off, I've never been a leftie. Never been a wanna be leftie or any or their ilk. Plenty of suit and tie wearing, right wing suits are banging their fucking hands together when someone finds gold. It's literally worth more than money right now.

I doubt if america or china (or whatever) would let this opportunity pass them by.

MagicSean

questionmark? wrote: »

Most intelligent, fully comprehensive, witty post ever to be seeing on boards.






Anyone know where to get a new sarcasm meter cause I just broke mine there.

Why do you use a sarcasm meter on yourself?

Tipp Man

squod wrote: »

Let me tell you something. First off, I've never been a leftie. Never been a wanna be leftie or any or their ilk.

Are you really really sure about that?? The post below would seem to indicate otherwise

If it walks like a duck, quacks like a duck then it probably is .......

squod wrote: »

Who owns what is a matter for the government.