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.
On Saturday afternoon, February 13, Tom Rose, 36, of Downieville, California was trying out some new metal detector earphones in the area of the Downie River...
Talk about “déjà vu!” Americans woke up early morning Tuesday, November 6 with a Democratic President; a Senate with a narrow Democratic lead and a House with a strong Republican majority. They went to bed late Tuesday night with a Democratic President; a Senate with a narrow Democratic lead and a House with a strong Republican majority.
These gritty clay lines were only a quarter of an inch up to three inches wide. Once the line had been laid out, they would look at the wall of gritty clay material and seek more indicators.
So you think you know a lot about placer mining? Well let me tell you about a placer miner that has forgotten more about placer mining than you and I will ever learn in our lifetimes.
This was no ordinary nugget. It had not traveled very far from its nearby source, and that did mean a lot, as we were searching for the source of several such nuggets found during a gold rush that occurred in 1859.
Mergers and acquisitions continue at a record pace in 2006 as companies attempt to replace dwindling reserves. Mining companies find that it is more expedient to purchase additional reserves by acquisition than to spend time and money for exploration and startup, even more so when their stock prices are much higher as compared to recent years.
• From NASA, with warmest regards
• Anything new to report?
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