Scams, Scammers and Schemes
December 2012 by Jim HalloranGold mining has received many black eyes from many scams, scammers and schemes throughout the years. Unscrupulous scammers have swindled naive people for millions of dollars in the past and will, no doubt, continue into the future.
The area was mined intermittently from around 1900 to 1915, but was also mined in the late 1800s, with a total output valued at about $100,000, which is around $9.5 million at the current gold price.
It is not necessary to have a PhD in geology, but you need to know the basics, so that’s what I am going to try to dig into here—the understandable basics of these gigantic gold deposits.
What today appears to be a “road to nowhere” was once a road to somewhere. At today’s precious metal prices that somewhere can be of great importance to you.
If Epd is larger, then the compressor will be spinning faster than the manufacturer’s maximum specified RPM and might destroy itself. If this happens, then the compressor again might not produce enough air to support a diver. Neither is a desired outcome.
The Wyoming Geological Survey released an online interactive map...
The next morning, I retrieved the compressor and again attacked the sticky head bolt. As if by magic (and some applied physics) the head bolt sighed and finally broke loose.
The anticipation of finding out if the system of snatch blocks, shackles, chokers, anchor points, and the strap binding the massive slab of rock in the bottom of the river would even budge an inch was weighing on me.
The Bawl Mill • Ask the Experts • Legislative and Regulatory Update • Prospecting for Gold at Green Valley • Extraction of Precious Metals Using Froth Flotation • Detecting Old Ground Sluice Locations • Mineral Deposit Trends: Real and Imaginary • Four Arrested for California Mining Museum Heist • Lawsuit Update From the New 49'ers • Constitutional Sheriffs Standing Up for Our Rights • What's Left Behind • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices