hey htiman

Mate, I get the Gist of what your Hinting at here and let me tell you that I have done the Apple Barrel thing with the EPA and there is no love. They use Sandpaper for Condoms.
I have Googled Mt Carbine and you are right, it ia a mess and they won't be able to pump that water out on the ground. They will have to build Settlement ponds. There seems to be a lot of water there.
This river that floods that you hint at. If that is the case then they would have to build a flood proof Bund wall around the whole Tenement. This could cost more than the mine. Maybe it's a Basket Case. Maybe it was a furphy all along. Maybe it was a Lucky Draw not to buy it.