Gold Has Shown Its Mettle, But How High Can It Go?
November 2009 by Associated PressHow high can gold go? How best to hold it? Questions on gold investment answered.
News during the past month seemed to focus directly on economic and political events close to home in the good old USA. As talk of recession—or worse—mounted, and as one stock market segment after another weakened sharply, the economic and political leaders of the nation sprang into decisive action.
Not too many years ago, junior mining companies most frequently limited their activities to exploring and pre-developing their mining properties.
Pumps can be set up quite a distance away horizontally from the sluice, even hundreds of feet. It will work so long as there is sufficient water at the source where the pump is located. Vertical distance is more of a problem than horizontal distance; 30 to 40 feet is the maximum vertical climb for most pumps.
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
The Mokelumne River was first worked by the ‘49ers, and foundations of Spanish missions and old miner’s cabins are still present. Elton’s first experience with Roaring Camp came in 1947, when he took a job packing in supplies...
To add to the confusion, the dam wasn’t holding back a large amount of water. It was full of gravels and had a small creek running through it. I had to know more.
The Bawl Mill • Molycorp Minerals Reopens Mountain Pass Mine • Utah's Crescent Creek Placers • The Business of Mining—Home Office Tax Deduction • Peshastin Creek, Washington • Michigan Proposal Would Restrict Mining Operations • No Gravel, No Gold • Nevada Regulators Reach Agreement With Queenstake Resources • Stillwater Recovers Without GM’s Business • Utility Agrees to Remove Four Klamath River Dams • Melman on Gold & Silver • Mining Stock Quotes & Mineral and Metal Prices