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Melman on Gold & Silver
August 2003 by Leonard Melman
During the past month, we have witnessed an orgy of buying on many of the world’s markets with Japan soaring by over 1,000 points (see Nikkei chart), Germany and France rallying strongly and here in America, the NASDAQ Index has risen to over 1,700 (see chart). However, when we look at the economic fundamentals, it appears to be a case of, as Sir Winston Churchill might have put it, “Never have so many become so excited about so little.”The Bawl Mill
• More like “upsetting” than offsetting...
• So, when is our first shareholder meeting?
• Government kicks a gift horse in the mouth...
• Will the real Barack Obama please step forward...
The Patio
“Hey, R.B., let’s go down and see how the patio is going.” Bart, my neighbor, called to me across the fence as he strolled by, heading towards the mine superintendent’s house.
Forest Service Pays Miners $245K for Unlawful Destruction of Mine
In July 2008, the Marstons filed an administrative claim alleging that when US Forest Service employees or their agents entered upon the Marstons’ claims and bulldozed the shaft and trenches, they engaged in unlawful trespass, negligently destroyed property, and committed a nuisance...
Legislative and Regulatory Update
• Federal election results should be favorable to miners
• Utah residents reject proposed National Monument
• Fish and Wildlife told to disclose locations of endangered species
Gold in the Philippines
The Philippine archipelago, with over 7,000 islands that stretch for 1,100 miles north-south, was settled by Malaysians several thousand years ago. Ferdinand Magellan landed and was killed there in 1521. Spaniards took over the islands in 1571, and founded Manila, which is located on a large natural harbor. After the Spanish-American war in 1898, the United States took over the Philippines, and found itself in a brutal 6-year war before gaining control of all of the islands.
The Plumas Eureka District
During any great gold rush, tales of fantastic finds abound—some are real and some are not. In the mother lode country of California, in the fall of 1850, there were a lot of fantastic finds and probably the wildest tale of that time was the story of a lake surrounded...
Detecting in Australia's Pilbara Region
Situated in northwest Western Australia, Australia’s Pilbara is one of the most isolated and scenic places on earth. The tiny town of Marble Bar, Australia’s hottest town, sits amongst the ancient ranges and is a Mecca for tourists—and gold...
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The Bawl Mill
• House Resources Committee Addresses Environmental Scare-Tactics —by House Resources Committee & Chairman Richard Pombo
• Precious Metals in the Patagonia Mountains
• Over the Divide
• Idaho-Maryland Mine—History Restarted
• Montana Candidate Sees Natural Resources as Path to Recovery
• Judge Rules Against Oregon Miners—Battle Continues
• Lake County "Diamonds"—Renewed Value for an Old Favorite
• Moving the World's Largest Machine—The Bucyrus 2570W Walking Dragline
• Mother Lode Gold, California
• News From the Pacific Legal Foundation
• Maine to Create Mineral Park
• Mining Stock Quotes and Mineral & Metal Prices
