Melman on Gold & Silver
July 2004 by Leonard MelmanThe greatest headline maker of the past month was not a person, not a war, not a nation and not a political contest. Instead, that honor belonged to a gooey, flammable, black substance called petroleum as it shot through $42.00 per barrel...
Anyone who thinks that investing in, or writing about junior mining shares is easy hasn’t lived through the last month! What we have seen is a virtually endless parade of dynamic and frequently contradictory events. Here are just a few that have occurred in the past thirty days.
• Pan American Silver Corp.
• Vista Gold Corp.
• Pacific Rim Mining Corp.
• Alaska Governor blasts state habitat division
• Laws proposed and reviewed in Washington State
• Comments needed on California's arsenic goals
• New explosives requirements
• Bill introduced to curb ESA abuses
In every sense, this was a witch hunt with a preconceived agenda to heavily restrict or outright prohibit most small-scale mining in Oregon.
Chad, Bangladesh, Peru, Kyrgyzstan and Uzbekistan are the latest in a long list of countries that have become unfavorable toward foreign-owned mining companies.
One of the most surprising jolts of the past month came with the decision of the Supreme Court upholding the legality of what has come to be known as “ObamaCare.”
• Agriculture employees caught grazing on taxpayer funds
• A long wait at the bus stop...
• Taxpayers foot the bill...
• Sticky business
The Bawl Mill • Mining Claim Fees Are Going Up • Our Readers Say • Buell Park Pipe, Arizona • Mines and Money • Understanding Hard Rock Mining: Terms and Methods—Part II • Two Nevada Mines Look to Supply Own Power • Paleontonlogical Resources Preservation Act • Picks & Pans: Mexican "Edventure" • Over the Divide • Flat-Fault Gold in Sonora, Mexico • Looking Back • The Fern Mine • Map Offers Look at Butte's Mining History • Gold in China • 2004 National Mining Hall of Fame Inductees • Mining Stock Quotes and Mineral & Metal Prices