February 2004 by Staff• TVI Pacific Inc.
• Sherwood Mining Corp.
• Rubicon Minerals Corp.
• Planet Exploration Inc.
• Goldcorp Inc.
• Placer Dome Inc.
• Wolfden Resources Inc.
• Redstar Gold Corp.
• Oretcch Inc.
• Goldspring Inc.
• McWatters Mining Inc.
• Cambior Inc.
…one thing is certain for the precious metals—these events reflect growing instability—and growing instability has historically been positive for the prices of gold and silver.
There is always an overwhelming feeling when finding gold of any size, but one like this doesn’t come along very often.
Representatives from Washington State’s independent, small-scale gold mining community recently accepted an award and a message of gratitude from the leader of the State’s Department of Ecology.
I (enjoy) Twain’s description of a gold mine, “A hole in the ground with a liar at the top.” Some humor here? You bet, but I’m sure he meant it to be a real eye opener as well.
Somehow, we received the impression from these two gatherings and from other conversations that bureaucrats in general are simply not aware of how difficult it is to raise capital to finance mining operations and how important it is for newer companies to show true progress in order to receive further financing.
Don’t bother eyeballing that rock for silver! Even if it’s high grade you’ll not see the familiar dime or quarter coin color. Native silver is almost as rare as brass ore. Well, if it’s so hard to find, is silver worth looking for? You bet! Just check the latest prices—and they may go higher.
The Bawl Mill • Our Readers Say • Buying or Investing in Mineral Properties • The Joy of Prospecting • Picks & Pans: Rattlesnakes in a Gold Camp • Old-Time Mining Geology Books • Ask the Experts: Recommended Reading—Part I • The Tangential Impulse Water Wheel in California Gold Mining History—Part I • Consider Adding Gold to Your Portfolio • US Files Charges Against Gold Refiner • Gold in Australia • Gold in Rotten Rock • Restoring the Rule of Law to US Mining • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices