Open Letter to the BLM
May 1999 by Guest Writerfrom H. Mason Coggin, PE & LS
The price of gold has certainly raised some eyebrows and has prompted some new prospectors onto the scene. They are faced with the same problem that we old timers have—where to find the gold.
In some ways, silver is the forgotten precious metal because it straddles both the world of precious metals and jewelry, while having many important industrial applications like a base metal. The price of silver reflects both the precious metal investment demand as well as the industrial demand.
It seemed that the preacher always gave the same answer to anyone who asked where his gold had come from. His answer was, “If you know your gold, you can find it. However, you will have to find it the hard way, the way I found it.”
I researched the Internet and found a number of table makers, but technology has changed in the last 25 years. No one could sell me a kit for a new deck with wooden riffles...
…it was immediately evident the previous owner had not been using a detector. During just a few months of working the dumps part-time, he recovered gold in quartz specimens valued in excess of $40,000.
The Bawl Mill • Mining Law—A Short History • Industry Urges Restraint on Mining Reforms • Environmentalists Back FS on Mining Withdrawl • Our Readers Say • Huge Nugget To Be Auctioned • Platinum Group Metals • Company Notes • Gold at Mercury Mines • The Lovitt Mine • Picks & Pans: "Eye-Balling" for Alaskan Gold • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices • Looking Back • Oil and Gas in Washington • As Millennium Nears, Copper No Longer King in Arizona