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Melman on Gold & Silver
August 2002 by Leonard Melman
Yet 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.Legislative and Regulatory Update
• EPA declares carbon dioxide a threat to environment
• Suction dredging update for California
• California Fish & Game director resigns
• More Merced River restrictions
Nevada Looks to Tourism to Fill Mining's Gap
Lt. Gov. Lorraine Hunt and the Nevada Commission on Tourism have agreed to seek an unspecified amount of marketing funds to boost tourism in the Ely, Nevada area in the wake of a mine closing.
US Mint to Offer Other Precious Metal Coins
Investors and collectors may also be able to purchase palladium coins after President Obama signed a bill authorizing palladium coins if there is sufficient demand.
Weathering, Erosion and Placers
The big interest to prospectors thinking about the effect of erosion is not what might happen long into the future, but what they might find in the rivers later this summer when the water levels go down.
Letter from the Editor to our Readers and Advertisers
Well, as they say, "there's a time for everything and everything has it's time"—or something like that!
Highbanking and the House Rock
I hit bedrock at two feet and followed it down as it appeared that I was on the edge of a rib that ran with the river. This was beginning to look very promising and I was seeing some small gold—pieces and flakes—in the header of my sluice box.
Keep Watch for The Unexpected
As I have always done, I stashed those heavy black rocks in my pack and put them in the garden at home. They never were given a second thought until a half decade later…
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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
