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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.Additional articles that might interest you...
Ask The Experts
June 2015
Is this a valid claim?
Is this a valid claim?
Looking Back
February 2000
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
Ask The Experts
April 2016
• Should I focus efforts on this particular rock type?
• Should I focus efforts on this particular rock type?
August Hearing Set for Crandon Mine
August 2000
The fight over an agreement a northern Wisconsin town passed almost four years ago that endorsed a proposed underground zinc and copper mine near Crandon goes before a Dane County judge next month.
The fight over an agreement a northern Wisconsin town passed almost four years ago that endorsed a proposed underground zinc and copper mine near Crandon goes before a Dane County judge next month.
Ask the Experts
October 2012
Good questions...from A to Z...
Good questions...from A to Z...
Placer Gold Near Fairbanks, Alaska
February 2002
The Fairbanks Mining District, the most productive gold district in Alaska, lies between the Tanana and Chatanika Rivers, 7 to 25 miles from Fairbanks (Pop. 35,000), in east-central Alaska. Most parts of the district are accessible by road, a rarity in Alaska.
The Fairbanks Mining District, the most productive gold district in Alaska, lies between the Tanana and Chatanika Rivers, 7 to 25 miles from Fairbanks (Pop. 35,000), in east-central Alaska. Most parts of the district are accessible by road, a rarity in Alaska.
Melman on Gold & Silver
July 1999
Clearly, the single-most important reason for the latest decline in gold is the recently announced auctions by the British Central Bank. However, other news stories this past month also had negative implications for the yellow metal.
Clearly, the single-most important reason for the latest decline in gold is the recently announced auctions by the British Central Bank. However, other news stories this past month also had negative implications for the yellow metal.
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