Gold Garbage: Scams New & Old
October 2002 by Dr. Ralph E. PrayHere’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.
...these nuggets have not traveled far from the lode because the golden wire lattices would have been torn apart or flattened during weathering of rock and deposition by violent stream action.
• It’s time for a change
• No such thing as a free lunch
• Cold weather interrupts global warming expedition
On July 9, 2004, Under Secretary of the Department of Agriculture, Mark Rey, published the “Interim Rule.” By its own terms, the Interim Rule became effective on August 9, 2004, without regard to public comments. Public comments were, however, received until September 7, 2004.
• Pendley nomination withdrawn but will remain BLM director for now
• Comments needed for Midas Gold project in Idaho
The Sons of Gwalia mine is situated in the Eastern Goldfields region of Western Australia. It was found by a group of Welsh prospectors in 1896. Gwalia simply means Wales; hence, it was Sons of Gwalia who found the mine.
Q: Do "corners" need to be in place on the ground for a claim to be valid?
The Bawl Mill • Our Readers Say • Placer Gold in Idaho • Working the Belmont Mine Butte, Montana—1953 • Simple Sluice Design • Cobalt and Nickel in Missouri • Sunshine Mine Video Brings Back Painful Memories • Hardrock Detecting • Company Notes • Picks & Pans: Confessions of a Professional Nuggetshooter • Gondwana Gold and Diamonds • Looking Back • Ghost Towns of Washington County, Utah • The Fire Within • 2002 California State Gold Panning Championships—Foresthill, California • Mining Stock Quotes and Mineral & Metal Prices • Melman on Gold & Silver