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Gold Garbage: Scams New & Old
October 2002 by Dr. Ralph E. Pray
Here’s what actually happened, described in the case file documents: Based on a precious metal assay certificate signed by a registered southwest assayer, the sellers, in consideration of the payment of over $53 million, transfer over 185,000 troy ounces stored in a warehouse to a company based in Norway. This document was signed and notarized in a southwest town, and was publicly distributed in 2001. Guess what?! The warehouse floor concrete may have a higher gold assay than the concentrates sitting above it valued at fifty-three million.A Gold Detector Sitting in a Closet Only Finds Dust—More Detector Tips
The diverse minerals, salts, and moisture, plus any halo effect, and old-timer trash, especially decomposing iron artifacts, are often found in any dry placer gold field and can really mask the “penetration powers” of a detector.
Mining Stock Quotes & Mineral and Metal Prices
Why Haven't They Mined This Claim?
Improvements in mining equipment and techniques, along with a higher gold price, make many mining properties profitable today that may not have been in the past.
What, Where and How for the New Prospector
How to go about the entire process of prospecting is a big question. The answer comes down to research and preparation.
Entry-Level Metal Detectors for Gold Prospecting
These are entry-level machines designed with gold prospecting in mind and with the ability to handle mineralized ground and see nuggets of a grain or so in size, perhaps smaller.
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