Fix or Replace, Depreciate or Write-Off
June 2010 by Mark E. BattersbyIn today’s economy, the question is often not whether to fix or replace equipment, fixtures, business assets or even the building housing the mining operation or mining-related business, it is which path is affordable.
The Great Plains region, contrary to popular opinion, is not entirely flat. There are areas of low hills and badlands, and it is in such areas where gold has been found. The areas of interest range from 700 to 3,000 feet in elevation, with annual precipitation ranging from 15 to 40 inches, in the form of summer thunderstorms and winter snow.
There are times when being able to recognize a type of rock can make you a much more successful prospector.
The call of gold is a strong one and it has pulled men from every corner of the planet. That said, I guess it’s now my turn to chase far away gold.
One of my favorite sayings has always been, “Do as I say, not as I do.” Perhaps that old adage could be applied to Alan Greenspan and the actions of the Federal Reserve of late. They are telling us that the economy is not in bad shape; that we are not in or headed to recession and that new strength is just around the bend. They are acting as if there is a looming catastrophe.
I believe dry washing is an underappreciated prospecting method. There are plenty of places where there is some pretty decent gold to be had, but the spot is a long way from any water and dry processing may well be the best way to go.
Boy, do we ever live interesting times! What other conclusion can we come to when the only real excitement on the whole scene is a kids' book and a TV series about a bunch of people acting in a manner to make the word "weird" seem respectable!
The Bawl Mill • Legislative and Regulatory Update • Sluicing at Rocky Bar, Idaho • Nine Pound Nugget Found In Northern California! • How Much Gold Is In My Gold-Quartz Specimen? • Glaciers and Placer Gold Deposits • Ask The Experts: Can you help me identify these items? • Getting The Most Value From Your Gold-Quartz Specimens • Highbanking and the House Rock • Melman on Gold & Silver • Mining Stock Quotes & Mineral and Metal Prices