Melman on Gold & Silver
September 2001 by Leonard MelmanOne of my favorite sayings has always been, “Do as I say, not as I do.” Perhaps that old adage could be applied to Alan Greenspan and the actions of the Federal Reserve of late. They are telling us that the economy is not in bad shape; that we are not in or headed to recession and that new strength is just around the bend. They are acting as if there is a looming catastrophe.
For many years, the small miners and in particular the suction dredge miners have complained about the lack of unbiased sound science available to refute the garbage science that is being used by government agencies to regulate us to near extinction.
I had never run an impact mill before, but anything involving rocks, water and a big electric motor sounded great.
Old mine workings and tailing piles can represent opportunities on many levels, from the chance to simply find a nugget on up to the commercial reworking of the old tailings for profit.
• ...three more days
The very first thing to find out...is if the detector has the ability to be ground balanced.
All these decisions and more depend on the richness of a claim—something that is determined by sampling. But sampling isn’t cheap, and even collecting the samples can be more difficult than it appears on the surface.
The Bawl Mill • A True Endangered Species • Guest Editorial—Vertical Disintegration • USGS Reports Increase of Imported Minerals • The San Juan Mountains, Colorado • A Silver Opportunity • Gold in Virginia • Picks & Pans: DEF Prospectors Rally Was a Huge Success • News From GATA • Our Nugget Shooting Adventure • How PGMs Affect Assay Beads • Fly Fishing the Mine Tailings/Headwaters of the Clark Fork, Montana • Company Notes • Mining Stock Quotes and Mineral & Metal Prices