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Are New Mexico’s Economic and Investment Opportunities Being Overlooked?

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Following one of the worst economic downturns in its history, a number of economic metrics suggest that the United States is now well on its way to a full recovery to the point that individuals and organizations alike should feel confident in making sizable investments. While the majority of the metrics seem to be in agreement, an economist like Andrew Charlton might point out that the recession is still too fresh in the minds of many investors to instill a complete sense of confidence in the belief that a large investment is a shrewd decision at this time.

Perhaps this is why seemingly solid investment opportunities in New Mexico are still seeking the kind of funding they need to get the ball rolling on business operations. Of course, there are other factors at play beyond the not-too-distant memory of the recession. In recent years, citizens across the US have become much less willing to trade a short-term economic benefit for a long-term and negative impact on the environment.

For example, a New Mexico company with access to a polyhalite mine potentially valued at over a billion dollars is still in need of additional funding despite estimates of 414 million tons of reserves on the land it owns. Due to the potential for adverse environmental impact — however minimal it may be — along with the hesitancy of investors still wary of the economy’s stability, it seems entirely possible that a number of investment opportunities may be overlooked for a whole host of reasons.


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