Melman on Gold & Silver
April 2009 by Leonard MelmanOnce again, economic trauma was the dominant theme of most news releases last month. It seemed we were learning about an endless array of companies in dire trouble, including many who had either filed or were on the verge of bankruptcy...
It’s been three years since the Siskiyou Regional Education Project (SREP) filed a lawsuit against the Siskiyou National Forest (SNF) in an attempt to require a Plan of Operation and financial guarantee (bond) for all mining located in Riparian Reserves (in or near water).
Last month, one of our readers requested an article regarding the possible use of Google Earth for prospecting research. It was a good idea, so here it is.
Lode gold and silver mines and prospects can be found in many parts of Mono County, from the Sweetwater Mountains on the north to the White Mountains on the south, and at elevations ranging from 5,000 to 12,000 feet. Mining activity on the rugged east flank of the Sierra Nevada is now severely restricted, especially in resort areas and where lands adjoin Yosemite National Park.
...the much more important question is this: does this short-term strong rally necessarily portent a genuine turnaround from the metals share bear market that has been ongoing since mid-2011? For a possible answer, we turn to the long-term, five-year XAU chart.
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
Prospectors east of the Mississippi have their share of gold bearing property to explore and prospect upon. There’s plenty of undiscovered gold on the bottoms of the creeks and rivers running through the eastern gold belt.
The Bawl Mill • From The Editor • Detecting Invisible Gold • Finding Diamond Deposits With Your PC—Part I • Has Senator Harry Reid Worn Out His Welcome? • The Most Obvious Place • The Gold of Yuba County • PDAC 2009 Convention Highlights • Stimulus Package Provides Potential Tax Savings For Miners • Mining Stock Quotes, Mineral & Metal Prices