July 2001 by Edgar B. Heylmun, PhDThe first reported occurrence of uranium in the United States was at Central City, Colorado, in 1871. However, prior to 1922, the ore was mined for its radium content, not uranium.
One hundred eighty-one gold panners flocked into the old mining town of Foresthill on Memorial Day weekend, all with the objective of proving just how good they were. This was the Wild West all over again, and the shootout at OK Corral was nothing compared to the smoke and fire these contestants put up to determine who was the best of the best—and the best were there to compete, too.
One of the most interesting sayings I learned during my early years of observing markets was “Watch what I do, not what I say.” This thought came to mind recently regarding the comments of Fed Chairman Greenspan...
• Crown Resources Corp.
• X-Cal Resources Ltd.
• Altair International
• Royal Gold, Inc.
There was an outcropping of exposed bedrock on the bank, and it again resurfaced in the river about 25’ away. I decided to start a hole near that exposed bedrock, and pointed the nozzle down into the sand and cobbles.
Yet another term has entered the lexicon of investment analysis and that term is “Fallen Angels.” No, we are not referring to religious icons or celestial bodies. Rather, the investment community has dubbed the debt instruments of once-prosperous companies that have now fallen on hard times with that moniker.
Light-colored volcanic tuff or tuffaceous sandstone often contains small amounts of uranium, enough to be detected with a sensitive radiation detector. Sometimes, the mass effect of the radiation is substantial.
The Livengood (pronounced with a long “i” as in alive) gold stampede was the last of the great Alaska Gold Rush. The string of gold rushes began in 1886 with the Fortymile gold strike, and ten years later with the large Yukon Klondike goldfields discovery.
The Bawl Mill • Our Readers Say • Global Warming—The Press Gets it Wrong, Our Report Doesn't Support the Kyoto Treaty • Former Sunshine Miners Find Work in Montana • CMA Conference Summary • Washington Gold & Fish Update • Prospecting for Diamonds: Is It a Diamond or Crystal Quartz? • Basic Information About Gold Detectors • Oil Seeps in Northern California • Diamond Dealer Prevails in Congo • Company Notes • Picks & Pans: The Gold Bullion Mine • Arizona's Border Silver Camps • The Stonewall Jackson Mine, San Diego County, California • Proposal Submitted for Lab at Homestake • Mining Stock Quotes and Mineral & Metal Prices • Melman on Gold & Silver