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.
Q: Are there any back articles that address the things you need to look for and the questions to ask before investing in a gold mine and other resources that you may know?
I informed them fully about where we would be and what we would be doing—sort of—withholding some of the more not so smart and quite dangerous sounding parts.
With all of the erosion patterns wearing away the channels down into the North Fork of the Middle Fork, we assumed placer gold was still available in the river. The question became: How do we get down the 1,600-foot elevation drop to reach the river?
This was not a month for the weak-hearted. During the past thirty days, we have had an explosive intensification of the Middle East conflict, threats of OPEC using the “Oil Weapon” once again, a growing chain of events flowing out of the Enron collapse and...
I got to Silver City late on a Friday night (OK, it was 2:30am Saturday morning), and the first few snowflakes began to fall as I pulled into the campsite.
If this authority over mining was not included in the transfer, then the US Forest Service would not have jurisdiction.
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