Melman on Gold & Silver
June 2002 by Leonard MelmanWe are now seeing declines in gold followed quickly by rallies to new relative highs while powerful stock market rallies are met with aggressive new selling. Whether this pattern will continue into the future is debatable, but it certainly is a welcome background for the much-battered world of precious metals investing.
The whole purpose of sampling mineralized ground is to measure the values in a small volume of material that would be representative of a much larger volume of similar material. The key word is representative. Chemical and fire assaying will not accurately represent placer deposits by themselves.
Several nations around the world are working diligently to make their countries more attractive to resource development as a means of improving economic development. One such nation is Cambodia, located west of Vietnam, south of Laos and due east of Thailand.
• $5.1 billion Postal (dis)Service loss...
• Stop the money flow...
• Doubly, even triply, irresponsible and unpatriotic...
Massive area-wide forest fires left the air near Fairbanks, Alaska looking like a London fog and smelling like the residue of a fireplace late this August as I left the airport on a recent visit to Freegold Ventures Ltd.
• "They treat you like a criminal on your own land."
• IRS goes after low-income taxpayers...
I stayed on the nozzle (about 25 pounds) and Dave moved rock. We worked the hole for two and a half days. Most of the time was spent moving overburden.
• Don't expect Santa to be healthy this Christmas
• Fast-food delivery
• Just in time for the holidays
The Bawl Mill • ICMJ Elected Prospecting Magazine of 2002 • Mining Investment—Or Fraud? • Gold in Suriname • Golden Age of Gold Dredges • Prospecting With Limited Equipment • Looking Back • Beryllium in Utah • Company Notes • Picks & Pans: The Gold of "Eldorado Canyon"—Mariposa County, California • Fire Agate in Arizona • The Canton Lead • NAS Agrees to Review Superfund Science • Tight Budgets Force Forest Service to Cut Back • Mining Stock Quotes and Mineral & Metal Prices