Melman on Gold & Silver
June 2001 by Leonard MelmanWe’re all familiar with the saying, “What goes up must come down,” but last month the markets took the opposite tack and the mantra became, “What went down must come up” as strong rallies moved the Dow, NASDAQ and even our world of gold higher.
I’d like to offer some practical comments about staking and maintaining mining claims. Owning your own claim is the dream of many prospectors. I’ve made good money off my mining claims, both from the minerals I have found on them as well as from leasing out some of my claims to larger mining and exploration companies.
One method used to explore for kimberlite pipes is aerial photographs. If a kimberlite can be found on aerial photography, there are likely more nearby that can’t be seen on photographs. Over the years, myself and others found several hundred...
Oleophilic means "affinity to or attracted to oils," and this includes gold an diamonds.
“Scandals, scandals, everywhere, and not an end in sight!” might be the tag line of a musical depicting the financial markets as they near the end of a particularly tumultuous year. First we had the massive accounting scandals associated with the Enron collapse. This was followed by the corporate scandals where inaccurate and misleading research of one sort or another made headlines. But none of those compare in possible scope to the mutual fund scandals...
For the fifth time in the last decade, New York Congressman Maurice Hinchey has introduced legislation to set aside wilderness in Utah.
Volumes have been written on the subject of mining in Mexico ever since the first Spanish conquistadors undertook to strip bare the newfound land in the 6th century. Gold and silver, which attracted Cortez and the Spanish Inquisition, was there for the taking, and the fabulously rich mines of Guanajuanto, San Miguel de Allende, Zacatecas, Real del Monte, San Luis Potosi, Durango and Taxco, among others, became famous throughout the New World and Europe.
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