Melman on Gold & Silver
December 2000 by Leonard MelmanOctober lived up to its reputation as a most unfriendly month for the stock market as hi-tech stocks took a huge battering, the NASDAQ and the Dow were hit by heavy selling and consumer confidence figures plunged.
At the time of this writing the draft permit for dredging in Oregon, which may also include small-scale operations like hand sluicing or possibly even panning, was not available for public comment or review.
• The "no shrimp left behind" act
• Someone has exceeded their credit limit
Here’s what actually happened, described in the case file documents: Based on a precious metal assay certificate signed by a registered southwest assayer, the sellers, in consideration of the payment of over $53 million, transfer over 185,000 troy ounces stored in a warehouse to a company based in Norway. This document was signed and notarized in a southwest town, and was publicly distributed in 2001. Guess what?! The warehouse floor concrete may have a higher gold assay than the concentrates sitting above it valued at fifty-three million.
Q: What happened to the BLM web site geocommunicator.gov? We cannot get mining claim info any more. Can you write about this? Or if you did what volume and number? Thanks for keeping the ICMJ alive and well.
The gravels in contact with the bedrock or false bedrock base are often the richest. The same facts apply to the alluvial paystreaks that are formed on gravel bars; the lowest level of the gold-bearing gravel is normally the richest.
Grizzly bears stand to benefit if a copper and silver mine is developed beneath Montana’s Cabinet Mountains Wilderness, the US Fish and Wildlife Service said in a rewritten opinion.
When prospectors and treasure hunters talk of gold in Arizona, it is the Lost Dutchman or Vulture mine they usually think of. The Lost Dutchman gold mine is just that—a myth chalked full of holes that has been embellished over time as any good legend should be.
The Bawl Mill • Letter to the Editor • Potaro District, Guyana • World Gold Council Launches $3 Million Ad Campaign • Prospecting With Color • Prospecting for Platinum in Wyoming • Picks & Pans: More Big River Dredging in Northern California • Epithermal Ore Deposits Associated With Tertiary Volcanism—And the Feasibility of Metal Detecting for Them • A Changing Diamond Industry Looks to Canada for Growth • History of Mining—Bradshaw Mountains, AZ—Part II • Company Notes • Mining Stock Quotes and Mineral & Metal Prices