Melman on Gold & Silver
April 2003 by Leonard MelmanNever have I regretted the deadlines we must work with at this publication as I do this month, for events of tremendous significance are likely to occur between the time this column must be prepared and the time our readers will receive it.
Even though they have put down thousands of dollars, the buyers often stop paying on their claims part way through the process after they realize they’ve been duped, but the company just sells it again to another buyer.
In Chile, the trapiche (tra-peach-ee) method of milling gold ore began more than 400 years ago. The first trapiche, also known as a Chilean mill, was a stone wheel weighing two or three tons rotating on an axle.
There is little question that the crisis in Europe completely dominated world financial headlines last month. We saw nations such as Finland, Austria, France, Belgium and Hungary, which had previously appeared untouched by developments, suddenly become vulnerable to higher domestic interest rates.
Original Sixteen to One Mine Inc., the second oldest United States publicly traded gold mining company, became a Golden Partner of the California Sesquicentennial last month.
...while the conference and some economic data were working to restore optimism, the world continued to receive a flood of negative economic news, some of it with ominous implications...
Ireland-based Conroy Diamonds and Gold announced they have found what may be the largest gold deposit to date in Britain or Ireland.
The Bawl Mill • Impact of Habitat Designations Grossly Underestimated • Manslaughter Charges Dropped Against Sixteen to One Mine • A Unique Prospecting Method • Over the Divide • Cripple Creek, Colorado • Picks & Pans: Virginia Prospecting • PLP Gets the Key! • Mariposa, California • The Ocampo District, Chihuahua • The Collaboration • Mud Creek Placer Mine • Mining Stock Quotes and Mineral & Metal Prices • Looking Back