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Sam, the Tenderfoot Prospector
November 2005 by Chris Ralph
There were many thousands of tenderfoot, greenhorn prospectors that came out west in the 1860s and 70s. Some came to make their fortunes; some came to flee other problems back east; and some just came for the adventure. Probably every one had a tale to tell, but one of these adventurous individuals was a young man named Sam, and this is his true story.USFS OKs Exploratory Drilling in Eastern Idaho
The new plan approved by the FS says water for drilling at Dog Bone Ridge will now come from Beaver Creek rather than Coral Creek. The agency also said Excellon has added several monitoring sites associated with Dog Bone Ridge.
Company Notes
• Great Quest Metals Ltd
• Fronteer Development Group
• Vista Gold Corp.
• NovaGold Resources
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Mergers Continue at Record Pace
Mergers and acquisitions continue at a record pace in 2006 as companies attempt to replace dwindling reserves. Mining companies find that it is more expedient to purchase additional reserves by acquisition than to spend time and money for exploration and startup, even more so when their stock prices are much higher as compared to recent years.
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Have We Hit 'Peak Gold'?
According to some experts, after the peak is reached, the production rate will slowly decline until it reaches near zero while the price shoots upward. At that point, we will have pretty much mined all the economic ore deposits that are present on the planet.
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