Picks & Pans: Perseverance Pays Off
September 2005 by Chris RalphTony Kelly and Ken Laster have dredged for gold in the Motherlode area for a number of years, and they decided to team up in 2004 and work together with Ken’s new 4-inch dredge.
On our last trip, we brought ropes and went down the first waterfall forty vertical feet, only to be confronted by a second, sixty-foot-high, overhanging waterfall that emptied into a slot canyon.
One of the oldest market sayings is that a securities bull market confirms its strength when it is “able to climb a wall of worries.” Well, that old adage was sure given an enormous workout last month as one hammer-blow after another hit the headlines.
...if you are out prospecting and find something that looks very much like a nugget but has an odd greenish-gray cast to it, don’t be too quick to simply toss it aside as junk.
There is little question that the crisis in Europe completely dominated world financial headlines last month. We saw nations such as Finland, Austria, France, Belgium and Hungary, which had previously appeared untouched by developments, suddenly become vulnerable to higher domestic interest rates.
Ask The Experts - Do you think it’s realistic for a detectorist to recover a couple of ounces per week if working full time?
In its typical ham-handed approach to limiting government power, Congress specified that “critical habitat shall not include the entire geographical area which can be occupied by the threatened or endangered species”...
• Rahall bill threatens uranium mining
• California Fish & Game claims it needs more time
• Huge new tax burden on coin and bullion transactions
• Refund bill fails in Assembly Committee
The Bawl Mill • From the Editor • Lode Gold in Honduras • Explosives Camp Lets Students Explore Booming Career Path • Tales of California Gold Discoveries 1st in a Series—Yankee Jim's • Irish Gold • The Best Copper Town Anywhere • Drywashing and Detecting for Eluvial Placer Gold Research is the Key to Success—Part I • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices