Placer vs. Lode Gold
May 2001 by Jim StraightFor centuries gold has been a symbol of wealth for both individuals and nations. Because of its chemical and physical resistance it has been widely sought after by early explorers whose only motive was to find new sources of gold.
Maybe we could find a few pieces of ore from that tunnel? It was worth a try. The old timers didn’t have that stamp mill for looks, so we set off to get some samples.
We are now seeing declines in gold followed quickly by rallies to new relative highs while powerful stock market rallies are met with aggressive new selling. Whether this pattern will continue into the future is debatable, but it certainly is a welcome background for the much-battered world of precious metals investing.
Can the public take minerals from a mining claim?
News during the past month seemed to focus directly on economic and political events close to home in the good old USA. As talk of recession—or worse—mounted, and as one stock market segment after another weakened sharply, the economic and political leaders of the nation sprang into decisive action.
One such aim is to infiltrate the education system and thereby insure that our children and grandchildren become thoroughly indoctrinated with the environmental point of view.
Seldom in the 22 years we have been writing in this space have we ever seen a parade of such important events pass along the world’s newswires and print media.
The Bawl Mill • Original Sixteen to One Goes to Court—Challenges MSHA Citations Part II • The Golden Triangle of Sonora, Mexico • Using Legal Subdivision • Gold Tellurides: Tellurium, an Assay Impurity • Court Hears Arguments Over Rights to Shipwreck • Picks & Pans: How to Succeed in a Small Mine, A Case History: 1990-2000 • Charcoal Crucible Recipe • Discovery of the Mountain Pass REO Deposit • Romance of the Old Silver King • Record-Breaking Alaskan Nugget for Sale • Company Notes • Nevada Gold Production Up Despite Lower Prices • Gold in Guatemala • Bush Taps Utah Resident for Labor Post • Looking Back • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices • Honda Pares Down Use of Precious Metals in Autos