Melman on Gold & Silver
September 2005 by Leonard MelmanEvery financial writer enjoys a few moments of pleasure when one of his predictions is validated by the markets and your columnist is no exception.
The Wyoming State Geological Survey announced ten new geologic maps have been completed and are now available.
This same concept is true of many of our modern-day rivers, and we have to find out where their gold originated if we can.
Actually, this mid-range gold zone can exist in any eluvial placer field with a shallow zone where the ground “tightens up” below the loosely packed surface dirt to harder packed dirt. However, its presence depends upon several factors:
Every placer miner has to deal with it in one form or another, and some locations have it far worse than others, but nearly every placer has at least some of it: black sand. It collects in our concentrates and gets in the way of recovering our fine gold.
Now, from all corners of the world, at all hours of the day and night, people call, trying to reach out and touch someone. Anyone, really, who might happen to be passing by when the Mojave Phone Booth starts ringing.
I am going to keep to the basics of surface indications and visual clues in the rocks and minerals themselves that help me find gold-bearing veins in this classification of deposits.
• Health care reform is laughable
• The gap widens
• Time to raise the roof, again
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