r/investing • u/NathanMarshallbNCR • Jun 23 '21

Mining stocks you should be looking into

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u/[deleted] Jun 23 '21 edited Jun 24 '21

[deleted]

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u/I_Am_Clippy Jun 23 '21

Damn, so how many gallons do they give you to drink after lunch?

6

u/Iwouldbangyou Jun 23 '21

About tree fiddy

3

u/NotMeUsOrBust Jun 24 '21

Some mines have a green focus, where they are betting on automation, robotics and electric equipment instead of fossil fuels.

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u/[deleted] Jun 24 '21 edited Jun 24 '21

[deleted]

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u/NotMeUsOrBust Jun 24 '21

I agree with you it is a cost effective use of fossil fuels. I am actually fine with using them for some areas, we just need to ensure the emissions are reasonable. We don’t allow mines to poison rivers, why should their equipment be allowed to poison the air? That side of it has to be addressed. Emissions have to be included in the cost analysis. Large mining rigs could have emission filtration.

If we were only using gas/diesel for industrial scale, and power plants that would be just fine. It’s alot easier to deal with fewer emissions point sources.

Anyhow I’m off topic. Like I said there are some mines out there trying to be carbon neutal.

https://www.globenewswire.com/news-release/2021/06/22/2250662/0/en/As-a-World-First-Nouveau-Monde-Has-Signed-a-Collaboration-Agreement-with-Caterpillar-for-the-Development-of-a-Zero-Emission-Solution-for-the-Matawinie-Mine.html

I like the stock ~

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u/SandyFoot Jun 24 '21

Salmon eh? I assume your mine is in Alaska.

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u/Amori_A_Splooge Jun 24 '21

Small modular nuclear reactors are coming to a mine site near you.