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Melman on Gold & Silver
April 2002 by Leonard Melman
Well, will wonders never cease!? It appears that Fed Chairman Alan Greenspan actually smiled when giving his most recent testimony to Congress. Actually, he was so upbeat that he carried the whole stock market with him—as well as others around the world. In fact, if there was one over-riding characteristic of the past month, it was the return of optimism over the economic future.Melman on Gold & Silver
...for the most part, visible price inflation has remained dormant for the most of that period of time. This state of affairs would appear to contradict both monetary history and typical cause and effect reasoning. Even the Fed has expressed some surprise and concern regarding the matter.
Placer Testing with Large Samples
Of all the difficult gold placer sites to evaluate, none can compare with trying to dig to bedrock through twenty or thirty feet of soaked overburden through which water is slowly seeping downgrade.
Legislative and Regulatory Update
• Small miners address Washington State Senators
• Recent IBLA decisions
• SEIS available for comment
• BLM to redo CBM study
• California forgets why it's known as "The Golden State"
Placer & Lode Gold Deposits
Even though there are many varieties of gold deposits, prospectors often refer to two general types: placer and lode. Some lode examples include...
Man's Best Friend
Adam’s condition had been deteriorating every step of the way. At times, I could only coax him ten or twenty feet before he laid down again. He refused to eat or drink. At this point, I realized we might not get out of the canyon by dark and might need help getting Adam out at all.
Prospecting Underground: Use Caution
In underground placer work, the contact point of the bedrock tunnel and the gravel is a very weak point and always has to be timbered. The bedrock here is thin, fractured, and the gravels loose from many years of oxidizing.
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