Melman on Gold & Silver
August 2002 by Leonard MelmanYet another term has entered the lexicon of investment analysis and that term is “Fallen Angels.” No, we are not referring to religious icons or celestial bodies. Rather, the investment community has dubbed the debt instruments of once-prosperous companies that have now fallen on hard times with that moniker.
Within the arid desert regions of the American Southwest and Western Australia, drywashers have proven to be a simple and inexpensive method for concentrating placer gold. Drywashers are not limited to desert operations...
New Mexico is not especially known for placer gold, although significant quantities have been recovered from certain districts. There are good opportunities for finding additional gold in favorable areas in the state.
When everything is still dry, one of my favorite methods of prospecting is using a straw to blow out small cracks and crevices that dot the exposed bedrock along a stream.
I detect in a wide array of situations. I like to search for places that no one has been to. I really like to find areas that have never been worked at all.
We were very sad to learn that Darryl J. Nelson, long-time owner and operator of Reno Prospectors Supply in Reno, Nevada, died December 18, 2010...
• "...the small miner and prospector has lost one of their greatest friends."
• "As a taxpayer, I have to wonder what kind of fantasy land our government regulatory employees and managers live in."
• " ... this 'batty' line of reasoning was ludicrous."
The Bawl Mill • Washington Department of Fish & Wildlife Raises Harassment of Miners to a New Level • Oregon Miners File Suit Against Fisheries Service • BLM Land Swap Deal Raises Eyebrows • Gold in Nevada • The Greenhorn • Striking Gold • The Bombarded 38' Parallel • Picks & Pans: The Trophy Hunt • Corner Country Gold • Something to Consider When You Go Dredging • Western Mining Artifact Collectors Show • Rattlesnakes • The Gold Hill and Iowa Mine 1895-1938 • Looking Back • Mining Stock Quotes and Mineral & Metal Prices