Melman on Gold & Silver
May 2019 by Leonard Melman
…At present we may be entering a period of relative stability on many economic fronts and, therefore, our focus is now trending more toward social upheaval and the resultant increase in tensions as the prime movers for the precious metals.
Somehow, we received the impression from these two gatherings and from other conversations that bureaucrats in general are simply not aware of how difficult it is to raise capital to finance mining operations and how important it is for newer companies to show true progress in order to receive further financing.
One last subject is the performance of gold and silver themselves—which has been positive for more than two months—and to explain the reasoning behind these rallies.
One of the oldest sayings we all learned as children was “Water, water, everywhere, but not a drop to drink.” Following developments during the past month, we might rephrase that as “Questions, questions, everywhere, but not an answer to truly trust.”
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts - Who owns this historic mill and how do I handle possible mercury contamination? • Ask The Experts - Sampling and assays • The Geology of Diamond Deposits • Keep Watch for The Unexpected • Resurrecting An Old Hard Rock Mine—Gold At Last! • Imagining the Ultimate Prospecting Adventure • Gold Prospecting for Better or Worse: Cold Gold • Gary It's There • Following the Clues • A Generous Lesson on Detecting Bedrock • Mining Stock Quotes and Mineral & Metal Prices