Melman on Gold & Silver
February 2009 by Leonard MelmanIt was difficult to find any cohesive set of figures that indicated a pattern of genuine economic strength. However, one area that did, in fact, escape the aura of negativity was our world of mining shares as buyers began to pour into virtually every major mining share as well as some of the juniors, with several on our lists showing gains of over 200% during the past month.
• The next step towards implementing the Wildlands Project
• Former timber lobbyist named to oversee Forest Service
Conservation groups hope to meld the three wilderness areas and surrounding parts of southwestern Oregon into one big wilderness covering 1 million acres—a move Kulongoski has endorsed.
For the past two years, miners in southwest Oregon have been bombarded by one attack on mining after another.
• What goes up, must come down.
More and more miners and prospectors are using personal computers and Global Positioning System Satellite receivers to satisfy the needs of vocations or hobbies.
In our opinion, these dizzying up and down moves reflect not so much a change in the direction of hard data, but rather fluctuations in sentiment regarding the degree of danger relating to the overall international economic structure.
Q: I’ve been using a computer program that lists both active and closed mining claims. Can you tell me the definition of a closed claim and why they would be shown?
The Bawl Mill • Our Readers Say • Oldest Journal Contest - The Winners • The St. Louis Gold District • Mining Boom May Be In Store For Upper Michigan • Mining Gold Near Elk Creek, Oregon • East Coast Dredger Heads West - Part II • Lost Canyon • High Court to Rule on Kensington Tailings • Prospecting in Tennessee • A Warning About Mercury • NovaGold Resources Receives Lifeline • Jerritt Canyon Mill May Reopen • Looking Back • Mining Stock Quotes, Mineral & Metal Prices