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Melman on Gold & Silver
October 2006 by Leonard Melman
If the events of the past month have proven anything, they have confirmed the old adage that gold is truly a measuring device for the “International Temperature.” During the first half of the year and into mid-August, wars, threats of Iranian “peaceful” nuclear devices and North Korean nuclear jawboning drove gold to two-decade highs and kept it well above $600 per ounce.Gryphon Gold and the Borealis Project
Strange things do indeed occur. Here we were in western Nevada’s Walker Lake District, normally one of the driest areas for mining operations in America, and we couldn’t access a sizeable portion of Gryphon Gold’s project areas due to...
Melman on Gold & Silver
This collection of positives augurs well for strengthening worldwide industrial activity leading to upward price pressures and eventually rising inflationary expectations—all of which have historically positive implications for gold and silver...
Company Notes
• Azco Mining Inc.
• Hecla Mining Co.
• Canyon Resources Corp.
• Royal Oak Mines
• BHP World Minerals
• Pacific North West Capital
August Hearing Set for Crandon Mine
The fight over an agreement a northern Wisconsin town passed almost four years ago that endorsed a proposed underground zinc and copper mine near Crandon goes before a Dane County judge next month.
The Bawl Mill
• “Dole”ing out spam
• Martinis with the Mayor
• FBI is afraid of a mouse
• Politically and fashionably correct
Confluence Placers
Confluences of placer streams are well known as concentration sites for heavy minerals. The basic reason is that...
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