December 2005 by Staff• Couer Alaska
• Formation Capital
• Revett Minerals
• Pathfinder Resources
• Commander Resources
There is reason to believe these stream valleys are still rich with gold, silver and copper.
• Southern Era
• X-Cal Resources
• Placer Dome Inc.
• Pan American Silver Corp.
• Vista Gold Corp.
This is welcome news. Many silver market commentators have stated publicly that the price of silver, currently hovering around $23.50 per ounce, should be much higher due to the scarcity of supply and the lack of faith in fiat currencies such as the US Dollar.
One of the particular features of these alumina silica ore bodies is that they are generally visible from the surface, unlike like gold and silver that are generally hidden and can require an immense amount of exploration and development.
We all know that it was never Congress’ intent to regulate gold panners and other individual mine operators through MSHA. In fact, I believe the concept of owner-operated mines with no employees was so strange a concept to the lawmakers that they never even thought there would be a need for such an exemption.
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