Melman on Gold & Silver
February 2005 by Leonard MelmanMost American markets greeted the first few trading days of the new year with substantial selling. Compared to their 2004 year-end levels, by January 11, the Dow Jones Industrial Average had declined almost 300 points, the NASDAQ Composite had fallen from 2,185 to near 2,080 while the S&P 500 had dropped from 1,217 to 1,183.
Mining Districts are the private regulatory authority granted by Congress recognized to regulate the mineral lands held by the United States and for the disposal to citizens of the United States, by means of development and potentially perfected by patent.
• Funds eliminated for federal land acquisitions
• ANWR leasing
• GAO scolds Fish & Wildlife
• Red Rock wilderness proposed again
• BLM websites still down
• Karuk lawsuit update
As he was working near the extreme low end of the ground sluicing, I heard a yell through my headphones. Making my way down to him I could see the smile from a long distance.
I have a bunch of ideas about what to do in the near term and then other thoughts about what things might look like a few months from now when I hope the situation will look a lot better.
The red dot on the diagram points out where the gravels there were also carrying, but not as much color. The gold was sparse below the point indicated.
The National Academy of Sciences released a report on climate change, prepared in response to a request from the White House, that was depicted in the press as an implicit endorsement of the Kyoto Protocol.
• More roadblocks to dredging in California
• Two Oregon Sheriffs challenge Forest Service authority
• Gold is money
The Bawl Mill • Shortage of Mining Engineers Projected • Ex-MarketWatch Mining Promoter Settles Charges • Carbonatites • Sage-Grouse Listing Denied • The Art of Finding Coarse Gold—Part III • Tongass Approves Kensington Mine Plan • PLP Interim Rule Raffle • California Miners Locate Rich Pocket of Specimen Gold • The Lucky Shot Mine • BC Premier Heralds "Golden Decade" in Forestry and Mining • Drywashing for Eluvial Gold in the Desert—Using a Portable Drywasher and Hand Tools • Claim Filings Up in the Northwest • Canadian Officials Foresee Little Impact From Mine • Coeur d'Alene Mines Sees Future in Bolivia • The Golden Highway—Nevada County • Mining Stock Quotes and Mineral & Metal Prices • Looking Back