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The French Mines of El Boleo

Volumes have been written on the subject of mining in Mexico ever since the first Spanish conquistadors undertook to strip bare the newfound land in the 6th century. Gold and silver, which attracted Cortez and the Spanish Inquisition, was there for the taking, and the fabulously rich mines of Guanajuanto, San Miguel de Allende, Zacatecas, Real del Monte, San Luis Potosi, Durango and Taxco, among others, became famous throughout the New World and Europe.

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Legislative and Regulatory Update


• Inter-department letter, Forest Supervisor to Regional Forester seeks assistance in segregating a significant area of the San Bernardino National Forest from mineral entry.
• Conservation and Reinvestment Act (CARA) stopped in Senate Energy and Natural Resources Committee
• Forest Service meetings on Roadless Initiative have ended and the comment period closed December 20, but we have been advised that the public will have another opportunity for input.
• On November 8, the BLM held a hearing in Placerville, California, regarding withdrawal of 3,368.85 acres of public land along the South Fork of the American River.

The Bawl Mill


• Trash full of cash
• Auditors audit the auditors
• I smell bacon

Melman on Gold & Silver


All we can say is “Welcome to 2012,” and if the first part of January is any indication, it is going to be quite a year on many fronts from the ongoing international financial crisis to the progress of a presidential election set to end this coming November.

Legislative and Regulatory Update


• Celebrities take over hearing, and at least one senator is fed up
• Ruling Upholds EPA's authority to address Garcia River, other waterways polluted by runoff
• US Supreme Court: Sokaogon Chippewa can set water standard
• 1872 Mining Law under attack
• Waiting for a decision about 43CFR 3809

Melman on Gold & Silver


...further strength in the Dollar, weakness in Crude Oil, and potential bearish action in gold and silver may yet be ahead.

Forest Service Attempts to Close Public Access


The Forest Service is attempting to close off historic trails and roads throughout the western states, declaring the closures are part of a travel management project. They state their motivation is to control damage caused by off-highway-vehicles.

The Bawl Mill


• Prison inmate has a change of heart...
• Go on, take the money and run...
• Pampered politicians at work...
• If you can't find it, can you deduct it?

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