Melman on Gold & Silver
March 2001 by Leonard MelmanWhat a difference a little time makes. Just a few months ago the liberal left was celebrating one triumph after another. Tony Blair became Prime Minister of Britain, the Liberals won a resounding triumph in Canada and the left was rejoicing in a robust economic expansion under the leadership of President Clinton. But their theme song, “Happy Days Are Here Again,” has an empty ring now...
Despite lower prices, Nevada gold production increased slightly last year and the state continues to produce about three-fourths of the nation’s gold.
The Great Plains region, contrary to popular opinion, is not entirely flat. There are areas of low hills and badlands, and it is in such areas where gold has been found. The areas of interest range from 700 to 3,000 feet in elevation, with annual precipitation ranging from 15 to 40 inches, in the form of summer thunderstorms and winter snow.
If you're really serious about finding gold, you must commit yourself to the search. The odds are against success if you depend upon luck.
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This concept of detecting does not always work as we sometimes get a week or so where the temperatures rise to 116°—sometimes more.
There are a lot of differences between the operations of successful mining companies and ones that become financial failures, but one of the consistent key differences between them is their sampling programs.
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