Here's a highly profitable proposal that's just got one of its permits in place.
They have survived an inglorious attack of paid protests and hillbilly politics. There's been trumped up land battles and claims against the company for the protection of water rights and the list goes on and on. Yet, they got their permits. This included, drilling and mapping water underground, verifying the water bed protection layer and a whole host of other testing. While it's try that we don't know what will happen 100 years from now the same can be said for all mines.
In the past I warned that no one in their right mind should touch this stock. The hillbilly politics is a story all of it's own. I had a friend there check out the local gossip and could write a small book on it that would have you rolling on the floor. I would go so far as to say that it would contain spy novel intrigue but you can judge for yourselves. http://www.newswire.ca/en/story/1013685/curis-resources-announces-former-director-of-arizona-department-of-water-resources-joins-the-company-as-key-leader-of-arizona-operations.
Then came the bloggers and bull board bashers. I won't post their links here because a few of them contain seriously foul language. One in particular appears to contain facts that if correct will scuttle the project. I'm not a chemist so I can't verify the claims by this certain blogger. They cite a number of documents and legal claims to back up their claims. http://www.courthousenews.com/2012/09/25/50605.htm
The problem with all of this is too much information. It's becoming hard to ascertain what is trumped up and what is fact. I do not agree that this company behaved in a very Canadian way. I have not changed my position on this. Instead of transparency and engaging the public potentially effected by the operation they tried an end run around the people. Their chart show the results. Before they peaked I was advising a sell and run strategy.
What's changed? Not very much except that they will get to test and prove the technology. This news is the cause behind the rebound. Should it prove to be safe this stock will take off hard and fast. At the root of the Phoenix like recovery will be the economic case. This will be one of the most profitable copper mines in the world. At today's prices there's a very good chance of making 5 times your money. But, at today's prices there's substantial risk of a blow out costing serious losses.
I'm listing this one on the basis that the technology needs a chance to be proven. I plan to keep an eye on it because I know that with lots of rinsing sulfuric acid's ph can be lowered to back ground levels fairly quickly. One will have to pay a lot of attention to the technical documents.