You Want a Ripoff? Here's a Ripoff!!
June 1999 by Guest WriterSubmitted by Jeff Harris
People for the U.S.A.
A matter of some serious concern has developed in the relationship between the prices for gold and silver and the performance of mining share averages.
Most of the mining opposition today is centered around the small-scale miner. These miners number in the thousands and come from every walk of life.
The owners of many prospecting, dredging and mining operations may be missing a number of newly extended and expanded tax breaks under the false impressions that they expired. Other tax breaks that may have been overlooked in the past have now been clarified thanks to the last-minute passage of a new tax law.
The amount of gold in the traces from the low-grade scattered veinlets may be much more than the traces from the small but rich pocket, at least until the pocket hunter closes in on the rich pocket. Further confusion arises if the prospector stumbles across a placer deposit on one of the higher peaks.
At the peak of construction later this year, the mine will generate more than 6,000 direct and indirect jobs across the state with annual wages totaling more than $200 million...
"Original Sixteen to One Mine, Inc., has emerged from a deep dark abyss created by an agency's bias interpretation of the law. We have made it known that those who make, pass and/or reject the law have generated travesties against our hard working underground gold miners."
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