Melman on Gold & Silver
December 1999 by Leonard MelmanThe only phrase that comes to mind in reviewing this past month is "deja vu." We've seen all this before; falling gold prices, rising stock markets, soaring hi-tech stocks, crazy initial public offerings (IPO's) and a return to public confidence that all problems can be solved.
• "Thank you..."
• "...dredges under 8" need not be regulated"
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.
Ahhh, summer camp. Lazy days frolicking at the pool. Meeting new friends and swapping stories around the campfire. Slicing steel I-beams and concrete pillars and blowing them apart with C4 high explosives.
Never have I regretted the deadlines we must work with at this publication as I do this month, for events of tremendous significance are likely to occur between the time this column must be prepared and the time our readers will receive it.
The Royal Canadian Mint will soon unveil a gold coin worth one million Canadian dollars ($850,000 US).
Most gold guidebooks just give a brief description of the geology of placers and focus more on the equipment and techniques used to recover placer gold or to metal detect for gold. This article hopes to stimulate your interest in a different direction.
Shirttail was worked heavily in the old mining years, but they didn’t clean it out. Present day prospectors and dredgers have done well, especially as Shirttail gets closer to the North Fork of the American.
The Bawl Mill • Over the Divide • Our Readers Say • Desert Phone Trashed • ICMJ Elected Prospecting Magazine of 1999 • Advertising Manager Leaving ICMJ • Guest Editorial—California "Special" Dredge Permits in Jeopardy • The Search Continues • Guest Editorial: U.S. Government—Like Nobody's Business • Circulation and Collections Manager Leaving ICMJ • Company Notes • House Chair Requests Records on Forest Decision • BLM Wants to Withdraw South Pass Public Land • Silverton Preserving Lofty Symbol of Mining Era • Hijackers Make Off With 660 Pounds of Gold • Prospecting With a Magnetometer • 1999 Tables of Content • Lighting the Way Underground 1860-1940s • Millie's Tailings • Picks & Pans: Crevicing & Sniping for Placer Gold • Looking Back • Gold in Sonora • Forest Service Boss Quits in Bull Trout Flap • European Gold Miners Seek Clarification Letter • Mining Stock Quotes and Mineral & Metal Prices • Squeezing Diamond Into Graphite