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Melman on Gold & Silver
November 2001 by Leonard Melman
Exactly one month ago—to the day—I was watching in stunned silence, along with billions of others around the world, as the immense tragedy of September 11 played itself out. Since that time, the President has issued a virtual declaration of war; actual attacks against the Taliban strongholds in Afghanistan have begun and the “other side” has threatened an escalation of terror.Melman on Gold & Silver
During the past month, we have witnessed an orgy of buying on many of the world’s markets with Japan soaring by over 1,000 points (see Nikkei chart), Germany and France rallying strongly and here in America, the NASDAQ Index has risen to over 1,700 (see chart). However, when we look at the economic fundamentals, it appears to be a case of, as Sir Winston Churchill might have put it, “Never have so many become so excited about so little.”
Prospecting Australia—Part II: There and Back Again
Steve got his first nugget within minutes of turning on his metal detector. It only took me about an hour to find my first piece.
Traditional Adversaries Reach Agreement
The Stillwater Mining Company and three citizen watchdog groups have signed a 38-page accord that creates a new relationship between the traditional adversaries and could set an example for resource development decisions in the West.
Waldo Miners File Suit
On August 29, 2003, the “Miners” (Waldo Mining District, along with Bob & Lesa Barton of Armadillo Mining Shop) filed Complaints in US District Court for the District of Oregon (Medford) against the United States Forest Service, Scott Conroy (in his official capacity as Forest Supervisor of the Siskiyou National Forest), and Secretary of Commerce Donald Evans.
Breccia Pipes
A breccia pipe, or chimney, is an irregular cylindrical mass of breccia that is often silicified and stands out as an iron-stained knob. They can be from a few feet to several hundred feet in diameter, and may or may not be mineralized.
The Wild Rush To Find More Cobalt—Part II
In this second part on cobalt, I will take a look at the various types of cobalt deposits and how you can prospect for them. Who knows—perhaps the next big cobalt strike will be yours.
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