Growing Pains of the Learning Curve
January 2009 by Jonathan PorterWe would all love to think that gold was as easy to find as the grinning guy in the glossy brochure makes it seem; after all, those nuggets are just laying around (on top of the ground in some cases) just waiting to be picked up by whomever wishes to make the effort. So why does it sometimes seem so hard?
Armed with my heavy bucket of gravel and, most importantly, my gold pan, I anxiously waded knee-deep into the mucky water. At the ready, the swish-swash splish-splash was all I heard as I hurriedly shook my gold pan, turfing out all the bigger bits of rock and clumps of mud. My clean clothes and even my face were soon splattered with mud in my race to pan as much gold in 20 minutes as my spindly arms would allow!
One of the most rewarding features of technical analysis is when clear signals are fulfilled by the market and also when those signals conform to the bulk of fundamental information.
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.
“I heard him hollering down in the hole as soon as I got there,” he said. “I was just glad to see him alive.”
For obvious reasons southern California is not known historically for its gold mines. Gold production was concentrated heavily in the Sierra Nevada foothills in the northern part of the state. However, the high mountainous region of eastern San Diego County was the site of a number of productive hardrock gold mines, notably in the late 19th century.
I recently had the opportunity to spend a day exploring around Butte, Montana and was amazed by the amount of mining that has taken place there. The old-timers called Butte “the richest hill on earth” and had pretty good reasons for doing so.
• Placer Dome
• Newmont Mining
• Homestake Mining Company
• Royal Gold Inc.
The Bawl Mill • A Word From the Editor • Reading A River: Finding The Paystreaks—Part II • Placer Gold in the Ortiz Mountains • Miners Discuss Struggles at NWMA • Ask The Experts—Where to Take Sulfide Ore for Processing • Ask The Experts—Where Would The Most Gold Tend To Be In This Deposit? • East Coast Dredger Heads West - Part I • Stillwater At Half Speed • Elko County Has Highest State Median Income • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices • Pebble Deposit Reveals Mineral Potential