I was unaware of this company till today, but I side with management. Spending the renewable timber resource in a slow replaceable rate provides income for as many years as the timber has value. Stripping it off for mining , or neglecting it (mining capital needs) can create risks of a current sure income. Forestry requires management including harvesting. Mining on the other hand is a one shot non-self-replenishing endeavor. It seems we are looking at the not so uncommon practice of take control, strip the assets, fill their pockets and leave the mess, mentality. This is a world wide concept that will leave the earth berift of raw materials for our grandchildren to live upon. It is an indirect method of of eating your babies!
Eye on Keweenaw Land Association [View article]
Spending the renewable timber resource in a slow replaceable rate provides income for as many years as the timber has value. Stripping it off for mining , or neglecting it (mining capital needs) can create risks of a current sure income. Forestry requires management including harvesting. Mining on the other hand is a one shot non-self-replenishing endeavor. It seems we are looking at the not so uncommon practice of take control, strip the assets, fill their pockets and leave the mess, mentality. This is a world wide concept that will leave the earth berift of raw materials for our grandchildren to live upon. It is an indirect method of of eating your babies!