Out of curiosity I looked it up on a map [1]. It appears two of the closest settlements [2],[3] are also ghost towns or otherwise pretty much abandoned. Kind of nice to know there are habitable but uninhabited places left in the world. [1] https://duckduckgo.com/?t=ffab&q=Kitsault+%2C+BC&ia=web&iaxm... [2] https://wikipedia.org/wiki/Alice_Arm,_British_Columbia [3] https://wikipedia.org/wiki/Anyox
Kitsault, Canada’s $50M 1980s ghost town
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Re: Kitsault, Canada’s $50M 1980s ghost town
#162https://www.mining.com/wp-content/uploads/2013/10/molybdenum...
The price halving that killed the mine/town in the mid-1980s is barely visible at the very beginning. There was a massive price spike to above $10/lb around 2005, but it fell back to around $2 and has been pretty flat ever since. Production is reasonably evenly split between China, the US and Chile, so geopolitical risk is not huge.
Re: Kitsault, Canada’s $50M 1980s ghost town
#163Earlier quoted context omitted.
For comparison: one house in Bel Air at $150M https://www.zillow.com/homedetails/10721-Stradella-Ct-Los-An...
Since it is apparently so cheap to own a literal Canadian town, it raises a question: how much other barely-inhabited area there is owned and by whom.
[0] - https://www.theglobeandmail.com/real-estate/guinness-family-...
Re: Kitsault, Canada’s $50M 1980s ghost town
#164If anybody else is wondering how the molybdenum market is doing these days, here's a chart: https://www.mining.com/wp-content/uploads/2013/10/molybdenum... The price halving that killed the mine/town in the mid-1980s is barely visible at the very beginning. There was a massive price spike to above $10/lb around 2005, but it fell back to around $2 and has been pretty flat ever since. Production is reasonably evenly sp…
Re: Kitsault, Canada’s $50M 1980s ghost town
#165If anybody else is wondering how the molybdenum market is doing these days, here's a chart: https://www.mining.com/wp-content/uploads/2013/10/molybdenum... The price halving that killed the mine/town in the mid-1980s is barely visible at the very beginning. There was a massive price spike to above $10/lb around 2005, but it fell back to around $2 and has been pretty flat ever since. Production is reasonably evenly sp…
Looks like that chart doesn't contain information from the 80's. I found this chart where the 1980 price level and crash seems to be pretty significant: https://www.researchgate.net/figure/Historical-rhenium-metal...
Re: Kitsault, Canada’s $50M 1980s ghost town
#166Re: Kitsault, Canada’s $50M 1980s ghost town
#167Earlier quoted context omitted.
American politicians and capitalists realized how valuable the western half of the continent before British Canada did and they acted on it. If you look as the west coast it’s mostly American coast, it’s kind of surprising that Americans didn’t just take it all when you think about it
They did. The US’ Oregon Territory went well above the 49th parallel (current US/Canada border on the West coast), in fact all the way to where Alaska is today (southern most point on the coast). https://en.m.wikipedia.org/wiki/Oregon_boundary_dispute
Re: Kitsault, Canada’s $50M 1980s ghost town
#168Earlier quoted context omitted.
I agree! I would totally move there assuming life support. Health, Food, Power, Heat, Water. What do for work - and if trying to make a Hacker Commune, how structure (I actually lived on a commune and know how badly they are managed)
StarLink. Remote work outpost. AirBnB it too maybe?
Re: Kitsault, Canada’s $50M 1980s ghost town
#169Re: Kitsault, Canada’s $50M 1980s ghost town
#170The house has so many design and decor cues from the house/neighborhood I grew up in in Redmond, WA. I wonder if there's a name for that design movement of orange carpet, wood panelling, wallpaper, linoleum, popcorn ceilings...