Melman on Gold & Silver
June 2005 by Leonard MelmanRapid reversals seemed to be the theme of news events during the past month. For example, while the economy generated relatively poor job growth of only 100,000 or so during March, April’s number soared to 274,000—far above expectations.
By the end of the day Sunday there were a lot of tired panners! By then they could have panned more than 14 times to make it to the end. This was not a picnic!
How to locate diamonds: This article focuses on the principal host rock for diamond and describes some gemstones (and kimberlitic indicator minerals) typically found with diamond.
It’s been no secret that the prices of gold and silver have been moving upward at a fast clip in recent months. Gold has soared 27 percent so far this year. There has not been a significant drop-off in production, so it’s been evident that an increase in demand has been a part of the force driving the price upward.
Exploration geologists looking for strategic metals projects may find open ground in some of the old historic manganese mine areas as manganese has been largely overlooked as an exploration target for many decades.
A week later, a small team of us hit it again, and this time the gold really showed up.
- Welcome changes in Washington, DC
- Giving power back to the people
The mine will be open for public tours Saturday and Sunday afternoons beginning August 24, lasting into the fall and winter as weather permits.
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