KCN 5.17% $1.22 kingsgate consolidated limited.

- Confirmed that KCN do not use arsenic or manganese in...

  1. 2 Posts.
    - Confirmed that KCN do not use arsenic or manganese in processing at Chatree gold mine.
    - Confirmed that KCN's own workforce undergo blood tests, with 700 of the 1,100 workers recently tested showing no indication of sickness (see here).
    - Locals and Thai forensic pathologist "Porntip Rojanasunan" (director-general of the Justice Ministry's Central Institute of Forensic Science) have stated the mine is poisoning nearby villagers with arsenic and manganese.

    This is Chatree, about  280km north of Bangkok:


    Map suggests the village in question is "Thai Dong", where about 200 dwellings can be counted.
    (Is it just me, or are the names "Porntip" and "Thai Dong" at least good value for money?)

    Close up of Thai Dong:


    Note that Thai Dong is surrounded by farmland and it is confirmed that many fertilizers (e.g. rock phosphates) can contaminate soil and water with both arsenic and manganese. There is a large, white area in the bottom-left of the above image. It is not clear exactly what this is, but there is a smaller body of milky water adjacent to it.

    Thai Dong also has a large body of more normal looking water near its centre, which is approximately 2km away from Chatree. Based on Thai Dong's remote location, it's likely the villagers drink from this body of water.

    So we have a suspicious white area with milky water and a large body of water, in the middle of farm land, which villagers likely drink from. If I were Porntip, this is where I'd be looking.

    Question is how likely is it that Thai Dong's water could be contaminated with arsenic and manganese tailings from a mine 2km away?

    Further thought, this Porntip character may be righteous, but she also seems to adore media attention with a rock star "I'm gonna mess things up" attitude. This is Porntip:



    A prediction:

    It could be relatively easy for KCN to prove that Chatree is not contaminating nearby villagers with chemicals they do not use, especially as they now have "independent international experts, and experts associated with one of the major Thai universities and a major hospital, carrying out scientific tests." vs this individual pictured above who perhaps dreams of being the next Erin Brockovich and having a movie made about her.

    After 30 days downtime, as much as 12,000 ounces of gold production may be lost at Chatree, however any shortfall can be made up through processing higher-grade ore once work recommences. By mid-Feb the mine should restart operations and with a GP approaching AU$1700 KCN should jump well above $1 when released.

    Or alternatively: KCN fails to pay-off local Thai governments, the mine closes, KCN goes into receivership, 1,100 Thai workers lose their jobs, Thai Dong villagers keep drinking their fertlizer-contaminated water, and Porntip gets a movie made about her with Steven Tyler playing lead role.
 
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