Sue's Blog

Tuesday, July 24, 2012

Alderon - Willams - Muskrat Falls

Could Alderon benefit from the Muskrat Falls deal?

Please read excerpt from a Telegram story below and you decide: 

Alderon executive chairman Mark Morabito said Wednesday the province’s proposed Muskrat Falls hydroelectric project is crucial to the company’s $989-million Kamistiatusset project, which the company predicts will create 1,500 full-time jobs — 480 at the mine and concentrator in the Labrador Trough, the rest indirectly through local service and support industries.
Power’s definitely the biggest issue for us,” said Morabito after Alderon’s annual general meeting Wednesday morning at the Sheraton Hotel in St. John’s.

Could Danny Williams benefit from the Muskrat Falls deal?

Please read the 2 News Releases by Alderon below and you decide:

January 5th 2012
Alderon Appoints Danny Williams as Special Advisor to the Chairman 

March 28th 2012
Alderon Appoints Former Newfoundland and Labrador Premier Danny Williams and Bay Street Lawyer John Vettese to the Board of Directors

Who struck the intitial Term Sheet with Emera?
Who appointed then Interim Premier Kathy Dunderdale?
Who is the "Liberal" that supports the Muskrat Falls deal?
What Premier did the "fibre optic deal"?
What local businessman benefited from that deal?

Either the information above is fake or it is real.

If it is real - speculation on potential beneficiaries of a Muskrat Falls development is not only reasonable but necessary.

Business is speculation it`s what these guys make money doing.

We as people have to determine if this is the best deal for our province and whether or not we want to foot the bill.

We the people must do what is in the best interests of the generations of people to follow.

Everything should be questioned regarding the development of a natural resource owned by the people. Had we done that in the past resource deals like the Upper Churchill fiasco may have been avoided.




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