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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.Mining Stock Quotes & Mineral and Metal Prices
From The Editor
We (finally) have the new version of our website up and running, and it seems to be a hit!
Sold: 87-Ounce Nugget
A gold prospector in central Victoria, Australia stumbled across an 87-ounce gold nugget in early February 2015, after his wife told him to head outside to get some air. He had given up smoking a few weeks prior and was getting a bit “grumpy,” she told him.
The Lynx Creek Placers, Arizona
Anyone prospecting Northern Arizona has likely heard of the famed Lynx Creek placers, found along one of the richest creeks in the state.
Melman on Gold & Silver
...one of our most important technical indicators, the “Dow/Gold Ratio,” may be giving off an important signal at this time, which we discuss briefly...
In Pursuit of Gold and Silver in the Sierra Madres
We have concessions high in the Occidental mountains to the west, while down near our pueblo we have begun construction of a mill to process the ore we will soon be mining. As I look around, our new shop with its adjoining wings...
BLM Increases Location & Maintenance Fees
The Bureau of Land Management (BLM) has increased mining claim location fees and maintenance fees in a final rule published in the Federal Register on June 29, 2009.
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