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Melman on Gold & Silver
July 2000 by Leonard Melman
As many long time readers know, one of my favorite sayings is the Asian expression, "May you live in interesting times." We sure do and if you didn't believe it before, just consider the latest word from the international markets.The Steeple Rock District, New Mexico
The Steeple Rock Mining District is located in the northwest-trending Summit Mountains of southwest New Mexico, at an average elevation of 5,200 feet. The highest point in the mountains is Vanderbilt Peak, which rises to an elevation of 6,773 feet. The mountains receive about 12 inches of precipitation a year in the form of rain and occasional winter snow.
The Bawl Mill
• $5.1 billion Postal (dis)Service loss...
• Stop the money flow...
• Doubly, even triply, irresponsible and unpatriotic...
Gold in Rotten Rock
Rotten rock (saprolite) can be found in all warm, humid regions, but is best developed in humid, subtropical climates, like that found in the American South. Outwardly, it looks like bedrock, but upon closer inspection, it can be seen that roots penetrate it and that it can be worked with a shovel or hydraulic monitor.
The Great Gold Rush of Nome, Alaska
Gold was mined in the Council Region several years before it was known at Nome, and from this vicinity the prospectors set out and made the Nome placers familiar to the world.
Selecting A Low-Risk Region To Explore, Mine or Invest
“The evidence is clear—mineral deposits alone are not enough to attract precious commodity investment dollars...”
Company Notes
• Royal Gold, Inc.
• Placer Dome, Inc.
• Homestake Mining Company
• African Metals Corp.
• Vista Gold Corp.
The Bawl Mill
- Taking (apart) the (solar) road less traveled...
- Fill'er up
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The Bawl Mill
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• Looking Back
