Mining company official featured on Capitol City Sunday - WQOW TV: Eau Claire, WI NEWS18 News, Weather, and Sports

Mining company official featured on Capitol City Sunday

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MADISON (WKOW) -- Armed guards are not currently present at a proposed iron mine site in northern Wisconsin, but that doesn't mean they're gone for good.

That's one of the topics Greg Neumann covers on Capitol City Sunday this weekend with Gogebic Taconite Spokesperson Bob Seitz.

Those armed guards from Arizona company Bulletproof Securities were hired to protect the proposed mine site after a June raid by protesters who were illegally camping nearby.

"The only people that kind of have the ability to go out through that area and find the camps and things, the illegal camps, are people like Bulletproof," said Seitz.  "So, you need people who are trained well enough to make sure that you don't end up with a bad situation."

Gogebic Taconite removed those guards in July, after it was revealed Bulletproof Securities did not have a license to operate in Wisconsin.  But Bulletproof got its Wisconsin license last week and could be back soon, once the company starts bulk sampling this fall.  

That's something G-Tac officials believe will help quell some of the opposition to their presence.

"Everybody has speculated up to this point about what's in the rock, you know, what's there?  What could possibly be there?  And there have been a lot of scare tactics.  That process is about science and finding answers," said Seitz.

In the second half of the show, David Dupee, CEO of the website CraftFund.com joins Greg to talk about Republican legislation that would allow investment crowdfunding in Wisconsin.

"Its gonna create an exemption in the securities law, such that, state residents, regardless of net worth, can invest up to $5,000 in companies," said Dupee.

Capitol City Sunday airs at 9:00 a.m. on WKOW 27.

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