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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.The Underground Mining Adventure Continues
Our group of independent miners have been busy crafting a uniquely designed ladder/ore cart track from the bottom of an 85-foot mine shaft in a historical hard rock mine.
Legislative and Regulatory Update
• Bush Proposes Cooperation in Land Conservation
• Federal Government Shuts Down Recreational Mining in Idaho
• Forest Service Considers Grassland Comments in Wyoming, Nebraska, North and South Dakota
Ask The Experts
• Is this a good time to invest in gold and silver?
Ask The Experts
Is a miniature spectrometer in our future?
Melman on Gold & Silver
...we are witnessing the onset of a major transformation of the underlying economic/political structure, perhaps headed toward government controls beyond any previous American experience.
What To Do When Gold Recovery and Assay Values Differ
Before going into an analysis of the ore composition, two other major factors will affect the result. These are the accuracy of the assay and the effectiveness of the mill for the gold recovery.
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