Social License

As mentioned in our last post “Bump It And Dump It,” we learned a new phrase. Social License.

Here is an interesting article on social license.

Social license is short for social license to operate. High level, it is the perceptions of local stakeholders that a project, a company, or an industry that operates in a given area or region is socially acceptable or legitimate.

Does anyone in the community think Faraday has a social license to operate, or is honestly working to obtain one? Based on their own social media, outside of the two poorly announced open houses, their only community outreach was sponsoring the local 4H club at the Pinal County fairgrounds, this year and last year.

When they promised jobs, economic impact and being a member of the community, doesn’t that all go away since they will not be the ones operating the mine?

Won’t any agreement Faraday made with local government and local tribes be null and void when the new owner comes to town?

The clip below, from the recent Virtual Copper Conference, is Faraday’s CEO Paul Harbidge’s response when asked about “Social Licensing.”

Yes, Paul. What is Faraday doing to maintain a relationship with the local communities? “Holding our hands” as you say. What?

Also, he thinks Mammoth was built by Magma in 1950. Hey Paul, here is the Wikipedia page for Mammoth. You will see that Mammoth was founded in 1872. That was the same year that the 1872 Mining Law was created that allows this nonsense to move forward.

Next up. Phase 2 results. “Paul, can you tell us about the phase 2 result”? “Yeah, let’s take a step back” and proceeds to NOT provide phase 2 results.

We should have one more post about this “Virtual Conference” coming up next.

Thanks again to everyone the support.