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- in reply to: Gold Enters Major Bull Market #2242
From the gold master himself, Jim Sinclair,
Until 2015, the dollar will decline on balance and gold will be extremely strong.
in reply to: Miscellaneous #2240How do you find and take out the gold specimens that you find while you are mining?
in reply to: Miscellaneous #2241Carefully. This company takes extra care in establishing the provenance of the quartz and gold that may qualify as a specimen. The date and location of the high-grade is recorded when the ore it sacked and sealed underground. The rough product is classified, weighed to record gross weight and gold content. No identification is done for “kid” rocks. These are chunks of various sizes, which are priced below $100. This process dates back a dozen years when the early success of gold detecting uncovered gold signals throughout the miles of drifts and stopes.
in reply to: Gold Enters Major Bull Market #2238There is no history of gold that will reveal future events. Gold has no challenger for its eminence as wealth, if wealth is viewed from a historical perspective. Probably the only readers of this forum own gold is some form. Rick and Blujay own a percentage of the brown bear, sixteen to one, plumbago, bald mountain, tightner, red star, and lesser gold producing mines in California. Right? And gfxgold finds gold dredging and hopes to find gold in the hard quartz of Alleghany. Me, I have my gold in many forms.
I report basic facts about past present and future gold subjects. There are no historical averages for gold that are worth computing. The spread is thousands of years and arbitrary. It seems like the current trend of oil, inflation (real or implied) fear of investment positions, and the good old supply and demand situations influenced value in President Carter’s turn at the wheel. A noteworthy difference is interest rates and inflation.
There have been advocates for and against gold in the United States over 150 years. They exist today. As the value of gold or the dollar is based on hard and soft factors, interest in companies that produce gold have an advantage over other forms of gold ownership, including the physical stuff in your possession. The krugar rands were the early leaders for taking possession of gold. The South African coin was a safe purchase because the fineness and weight were established. Inflation today and interest rates verses the Carter time period is worth talking about. Oil and its exchange between buyers and sellers rocked the ratio between dollars and gold and oil. The big shocks occurred during President Reagan’s turn at the wheel.
Today, China is manufacturing and the production of everything; Middle East supplies the energy to live; the West exchanges currency and protection. The relationship during Carters time excluded China as a factor. What was left boiled down to oil and gold. Bankers were fooled by what they observed along with other investors. Where do bankers stand today? During the Carter/Reagan years, banks published their gold holding and sales. No one ever published his or her purchases. Major media reported every sale. Not so today. However, tomorrow will be different and today will be history. Is there manipulation? The advocates against gold and the advocates with it battle today. Thos people or companies or counties “with it” are numerically few in number. Both sides manipulate. The single greatest current dominant factor today that did not exist years ago may be China. Then again it may be the internet and older means of communicating.
THERE IS NO RATIONAL WAY, RICK. What do you have in mind?
in reply to: Gold Enters Major Bull Market #2239Thanks Lynwood, as I certainly include you as a guidance source.
What do I have in mind? Nothing new, just looking for an easily explained rationale for when people ask me to connect the dots in the world of gold and its value. (My interest has always been long term and more ethereal as far as my own personal finds are concerned, as well as and separate from my personal interest in OAU.) I do recognize how today the upward trend in gold prices doesn’t seem to be connected to the inflation index as in the past, as you’ve all pointed out.
Perhaps there’s a new parameter on the horizon, something other than oil and the dollar and China’s new global participation and gold? Does the global pursuit against terrorism play into uncertainty?
Certainly, I’m not looking for a “predictable-all-in-one-quick-fix-get-rich” strategy, as anyone who knows me personally will attest; it goes against my grain. As we know, fraudulent fortunes have been made, manipulating stories of booms and busts, and nothing is foolproof when the human propensity for acquiring wealth runs amuck.
I guess that’s why I asked.
in reply to: Gold Enters Major Bull Market #2236Gold, $432.90. Most precious metals are up across the board, mostly due to the drop in the value of the dollar. Hopefully, the dollar won’t take a big hit but, psycologically start the value of gold up the next rung of the ladder.
in reply to: Gold Enters Major Bull Market #2237gfxgold and bluejay, I turn to you for insight.
Is there a rational for why gold was so low within these times since Jimmy Carter; or are we (and if we are, where are the parameters) experiencing an upsurge against some historical average?
in reply to: Clips from Alleghany #2235Sixteen to One miners have a better track record of predictions or projections than weather reporters. The Alleghany vicinity received its second snowstorm, extended rain and unusual cold, much more than the Sacramento weather guessers reported. The “fast moving Alaska storm” ended up circling around parts of northern California. An unexpected low-pressure area caused the cycle to hang on for most of the week. The crew abandoned their surface work and headed underground.
The 1000-foot level between the Tightner Shaft and the Ballroom in nearly finished its rehabilitation. The tons of quartz mined during the months of searching for Mister Pocket are slushed. Today gold was found below the slusher trough (down dip from the 1400 ounces) in the same quartz lenses that contained the pocket. The “yellow brick road” was projected up dip from the pocket. Now it is also predicted down dip. Talk is that Mike is close to giving the miners the okay to resume breaking rock. There are about six week of work day left in this year and another supply of gold will help the year end financials.
By the way, have you checked the SEC filing for last quarter? You can access the third quarter 10-Q by going to “THE COMPANY’ and then the SEC filing. Current liabilities are down. Current assets are up. The Company has a substantial profit for the quarter.
The skip in the 49 winze was removed for servicing. It has run up and down the winze for 18 years. Ian is looking for a sand blaster to knock down the rust, give it a fresh coat of paint so it will still be going up and down another two decades. Does anybody have one in the garage they no longer use?
A new bucket was modified for the Cat 910 front-end loader. Work was completed yesterday. The old one should be sent to some museum as a testimony to the hard times and perseverance shown over the last lean years. The 910, affectionately called “the tea spoon”, is not big enough to handle snow removal. Joe wants the mine to get a Cat 966 or 950. Does anybody have one in the garage they no longer use?
in reply to: Clips from Alleghany #2234Sixteen to One miners have a better track record of predictions or projections than weather reporters. The Alleghany vicinity received its second snowstorm, extended rain and unusual cold, much more than the Sacramento weather guessers reported. The “fast moving Alaska storm” ended up circling around parts of northern California. An unexpected low-pressure area caused the cycle to hang on for most of the week. The crew abandoned their surface work and headed underground.
The 1000-foot level between the Tightner Shaft and the Ballroom in nearly finished its rehabilitation. The tons of quartz mined during the months of searching for Mister Pocket are slushed. Today gold was found below the slusher trough (down dip from the 1400 ounces) in the same quartz lenses that contained the pocket. The “yellow brick road” was projected up dip from the pocket. Now it is also predicted down dip. Talk is that Mike is close to giving the miners the okay to resume breaking rock. There are about six week of work day left in this year and another supply of gold will help the year end financials.
By the way, have you checked the SEC filing for last quarter? You can access the third quarter 10-Q by going to “THE COMPANY’ and then the SEC filing. Current liabilities are down. Current assets are up. The Company has a substantial profit for the quarter.
The skip in the 49 winze was removed for servicing. It has run up and down the winze for 18 years. Ian is looking for a sand blaster to knock down the rust, give it a fresh coat of paint so it will still be going up and down another two decades. Does anybody have one in the garage they no longer use?
A new bucket was modified for the Cat 910 front-end loader. Work was completed yesterday. The old one should be sent to some museum as a testimony to the hard times and perseverance shown over the last lean years. The 910, affectionately called “the tea spoon”, is not big enough to handle snow removal. Joe wants the mine to get a Cat 966 or 950. Does anybody have one in the garage they no longer use?
in reply to: Miscellaneous #2233They seem to have good intentions on the surface but, so did the CDAA. Go to: http://sfbaykeeper.org/Deltakeeperlinks.htm
in reply to: Miscellaneous #2232Maybe this entry can achieve a Google search result when people type in fraud. I’ll repeat what I wrote on the previous OAU Forum page:
“Please help me out here, Delta Keepers. What are you suggesting that we keep by stopping California history from debunking your axiom?”
Really, I can’t wait to hear, because if it’s something worthwhile, I’ll be the first to step up to the plate and support the effort. Seriously. So please tune in here and tell me.
Otherwise, I have to deduct (not infer, and you should know the difference) that your attempt to pretend, and therefore, regulate therefore through litigation regulate and then therefore with a supposed imbedded-heretofore-gimme-gimme-political-justification-for-your existing present opposition somehow make your point.
Times are changing; history means things. Please don’t try to change it as you would a stream.
As I said, I’d love to read, hear, and embrace a worthwhile reason for your opposition.
in reply to: Gold Enters Major Bull Market #2230A new and powerful message concerning gold has just been posted today on the website by Mr. Jim Sinclair at http://www.jsmineset.com under the tile of, “The Real War.”
The message is chilling.
The bottom line is:
1- A new Muslim currency called the gold Dinar will emerge as a superior currency to the U.S. Dollar.
2- The Russian Ruble will emerge as a superior currency to the U.S. Dollar.
3- “If you fail to own gold and gold shares but rather depend on the U.S. Dollar to protect your life’s work you are in for the worst of disappointments.”
4- “Reduce debt if you can and move your gold and gold share position up to no less than 33 1/3 percent of your liquid net worth.”
Dan Norcini posted an informative guest editorial Friday, October 29th, entitled, “From Russian with Love” on the same website commenting on a story concerning the Russian Ruble.
The message from both stories is clear, the U.S. debt has gone too far and as Mr. Norcini concluded, “As usual, it will be the ordinary citizens who will have to bear the brunt of the lunacy of bureaucrats and career politicians.”
in reply to: EMPIRE STRIKES BACK #2231Please help me out here, Delta Keepers.
What are you suggesting that we “keep” by stopping Califoria history from debunking your axiom?
in reply to: EMPIRE STRIKES BACK #2229By fax, voice and the visit from Charlie, DPR has ordered all mining to stop. We are a few long tom holes away from our first round with a brow. The site was right and spirits were right also.
Worked ceased on October 29, 2004.
Neither DPR nor any other California State agencies broke any rules regulations or laws that apply to a filing of any notice associated with the project. Neither did Morning Glory Gold Mines. There is no lawful reason for anyone to disrupt our contract. Anyone in California can raise any issue; however when damages occur in the execution of our noble shared goals of sharing a miner’s life with the public in California’s greatest gold mine, accountability is worth pursuing. The alleged non-profit California corporation that threatens to file a law suit is called Delta Keepers. It wants to pick public Californians pocket book. It bent its pick many times before in fron of the wise staff of water regulators. If the speaker for the Delta Keepers is consistent, both the State and the contractor should collect money by putting the guy in court and out of business. This non-profit knowingly set in motion false alarms.
in reply to: CDAA Conduct #2228To the ROGUE PROSECUTION
How easy it was to disarm me in our courtroom! Judge Young did not error in granting the CDAA crowd’s demand that in the interest of their safety I was to surrender all of my guns to the Sheriff in Downieville. The judge heard only one side and it was recorded. Your motion ordering me to turn in my guns by 5pm was granted. It was because of my respect for the Downieville Courtroom with its history that I complied. Lead lawyer, Gale Filter, testified that his and his co-conspirators were fearful for their safety because, “Michael Miller, your honor, has an alarming FBI record.”
The word of a government prosecutor favors their presentations over others. Rightly so. No California public servant prosecutor would purposely mislead the court and be held to the Statues authorizing the State Bar and its membership. Perjury has been lost as unacceptable behavior in our dignified courtroom but not in Downiville. That law holds sway over the evidence holds true with me. You rogue lawyers chose themselves as more righteous than the law and well below my standards of constitutional California. CDAA falsified its representation of me, which greatly damaged plaintiff Original Sixteen To One Mine, INC.
Now for the lawyers representing CDAA and the “fab four”, the interests of whatever insurance companyis paying you: your clients are carpetbaggers who lied before the judge. They also misled our grand jury, which ordered its indictment and our arrest. That explains their arrogance in no uncertain words and terms. Go figure!
in reply to: Another U.S. precious metals miner goes foreign #2227DISHARMONY
At first all matter was organized, and at last none will be.
The Economist, October 23rd 2004, recognized gold as a topic, an unusual event. This magazine shies away from recognizing gold as “storage of wealth” and rarely mentions gold in any article. That makes sense if you assume that few of its readers have any position, understanding or appreciation of gold. While Gold heads the column, written first and in red ink, Disharmony (written in black) is the eye catcher with the biggest letters on the page. Disharmony sets a tone, which is how one will be prejudiced upon reading the article. Even before the body of the topic is started, another bold but smaller sentence leaps off the page. It frames the meaning the writer intends to projects. It reads, “A curious bid to create the world’s biggest gold producer.” Well, since that is happening in its own unique way in California, I was excited to learn from this bi-weekly publication. So I have read the story more than a few times.
Gold Fields of South Africa received an all-share offer from Harmony of Australia. Norilsk Nickel of Russia already owns about 20% of Gold Fields. This is the same company that moved into the USA’s biggest platinum mine of Montana.(Check a few entries back to 11/22/02, by Bluejay.) The Russian tycoon, Vladimir Potanin, was discussed along with a broad brush of isolated facts. But then the writer says: Here politics has helped. The old fantasy of gold as a “store of value” has flourished since the September 11th terrorist attacks on America. Bull! What an uneducated thought! Other natural resource producers, bankers, businesses of all ilks have stored gold, and people like you and me. Disruptions, actualized or perceived, bring forth changes that are easier to navigate with diversity. Storing stuff of value begins with water and air. After food and other life sustaining necessities, the fortunate ones store value in some other way. Gold has been one of those ways since recorded history. Gold actually cannot be tied directly to any date. That is a solid reason why gold is the world’s most valued currency and storage of value.
IAMGOLD of Canada is discussing plans to merge also. The result would be a new company 70% held by Gold Fields. It is reported that Mr. Potanin bought his stake in Gold Fields both to acquire non-Russian assets and to diversity. How rich is Mr. Potanin? For people looking for more clues that the world is in a significant dollar/gold reevaluation, the Economist article can count.
in reply to: Clips from Alleghany #2226The first real snow storm hit Alleghany the past two days. October snow is rare. No one has a full shed of firewood in town. It looks like there will be sunshine for a while and everyone can get busy to prepare for winter.
Electric power stopped yesterday morning. It returned late afternoon but the miners took the day off. It always is interesting to listen to the conversations of a bunch of Sixteen to One miners, sitting around a fire. Mining and gold are the two major topics, probably boring to women and dogs. There is always an abundance of dogs in Alleghany and an absence of women. The dogs don’t seem to mind. Anyway the conversation moved from the likelihood of just where the pocket greater than the 83,000-ounce leader was and how, can or should it be found and mined.
All the guys have seen the maps and have an understanding about the nature of the gold. The Rainbow mine had a huge pocket. It is written to be greater than the 83,000 ouncer off the 800-foot level between the Tightner shaft and Ballroom in the Sixteen. Another area of speculation is below the fault (2400 level in south) where the crew sunk the Eighty-Three Winze in 1995. Up dip from the 83,000 ouncer was suggested, as it is possible to follow the pattern of previously mined pockets and project where additional ones could be. To no ones surprise the evidence supporting the new number one is where the Plumbago and Sixteen to One veins converge. The Red Star area held the high ground for the biggest pocket to be mined in California. (Somewhere on this web site is a list of the ten largest pockets found in California. The Sixteen had a number of them as well as the Oriental, also in the Alleghany Mining District.)
Of particular interest to this reporter were the discussions about sinking a new shaft in the Red Star and the failures in sinking the Eighty-Three Winze in 1995. Progress there was very slow. Three of the miners had worked on the winze and carefully explained how it was done, why it was done that way and collectively the group talked about how it will be different next time. The single biggest afterthought was that the winze was built too large. Sink small and ream up is faster. The five-member management team at the time decided to build the winze to meet future needs. Well, the company grew short of money before the future happened. Drifting on the 2600- foot level began too close to the fault and was rough going. Also it cut down on the backs for mining. The pumps were too small to quickly dewater the winze. The miners spent too much time before they could begin drilling. Another key factor was blasting the full area of the winze each round. No one knew that it would be easier and faster to sink the winze by blasting half of the area each time. It was impressive to hear their candid discussion. This group has learned a thing or two over their experiences in the mine. Planning amongst them and a couple of other miners with years of experience in sinking should pay big rewards. One other thing: this crew is motivated to beat the old record of production. They had better get going because all of them are getting older and time is not on their side.
in reply to: Another U.S. precious metals miner goes foreign #2225The Chinese metals company, Minmet, has proposed to takeover the $8 billion Canadian natural resource company Noranda which controls Falconbridge also a Canadian company.
Reports David Duval on the jsmineset.com website tonight, “China is running huge cash surpluses because of its lopsided trade account with the United States and other Western countries, it’s certainly not short of cash to acquire whatever it needs.”
Interesting, as Duval reports, “Chinese officals have also floated the possibility of investing in Canada’s vast oil sands which in terms of contained reserves are second only to Saudi Arabia’s. (With the cost of production of large oil sands operations near $12 per barrel, they are certainly economically viable at current oil prices).”
Is there any wonder why China is focusing on Canada? It is politically safe.
The entire article is a must read. The title on jsmineset.com is, “Would The Real Economy Please Stand Up?”
The Canadian currency has been making new recent highs against the U.S. Dollar and looks higher in the many months ahead although some minor corrections are to be expected along the way.
Mr. Duval’s article concludes by his saying, ” Higher oil prices aren’t going away soon and political expediency – rather than good economic policy – will continue to set the trend for the US Dollar and spur inflationary pressures that are coming down the pipe.”
“What you are seeing today in the gold market could well be the tip of the iceberg. Ever so steadily, investors are beginning to look hard again at tangibles – especially gold – which is everyone’s to own.”
in reply to: Gold Enters Major Bull Market #2224Gold, $428.40… and rising. the price of gold has had resistance once it gets close to $430. let’s see what happens this time.
in reply to: Gold Enters Major Bull Market #2223The Dollar is weaker in Australia at 85.47 which is off -.50 from its New York close.
Gold’s last is 427.60 up 3.60
Remember, the 85 to 86 level is support on the Dollar. If this level yields to sellers or the lack of buyers, gold will move higher.
in reply to: 16 to 1 Mine #151in reply to: EMPIRE STRIKES BACK #2222I have not started a new topic heading in a long time. What does the title, “Empire Strikes Back” mean. Well I’m not sure either but plan to relate it to the project undertaken at the greatest gold mine in the United States. We miners are set to turn our summer work underground and begin mining a new tunnel in this historic mine. It is an honor to the miners spirit, which formed California into statehood in 1850. It is my priviledge to head this project. I have never felt the sense of responsibility to meld with our gold mining anscestors as my crew drives a tunnel to intersect a quartz vein that lies just forty feet below the surface. Conflicts and obstacles will ricochette:
So there is a ditch, dug by the Empire Mine, to drain the cyanide plant effluent and some guys decide to call it a creek. They get agitated when I correct them with the proper definition of this modest swale. It’s a ditch with little evidence of activity now that the cyanide plant is no longer running. It is not a creek and has no legal status to pretend to be one. Someone suggest calling in the department of fish and game to make the call. I shot that honestly mistaken notion that the fish guys were going to take control over ditches with no water flow or fish. Someone then said that if the fish regulators could not stop it, the water quality agents should take a look. I offer that neither agency had time and money to chase ideas that held no public benefit. Some qualified people sprinkle those agencies. They are in the minority, which makes their interference all the more important.
in reply to: CDAA Conduct #2221WHAT IF THEY KNEW THEY WERE GOING TO GET AN IMPASSIBLE FIGHT, WHICH IS WHAT THEY WANTED AND THEY KNEW THEY WOULD GET.
The story unfolds: Assume that his “I” tory will be predictable in direction but not outcome. History is that which happened a moment ago. George and I concluded another great day for a drive, a discussion at the Sierra County Arts Council meeting in Downieville and through the day we would discuss our suit against the “prosecutor rogues”. Yesterday, we did they same thing only we drove to a remote Nevada gold mine and back to Alleghany, discussing the cases to be presented in trial. We speculated as to whether the defendants recognized that they would be put on trial. Our tale is spiced with lawyers named as defendants. Of course they are represented by lawyers! We see lawyers spouting words all over the place, collecting money from each other as bees collect honey.
George practices law very well and I know the salient moments of this suit, beginning when felony charges were raised against me. We independently and together discovered other people knowledgeable about the defendants and their bosses. We also know the jury will affirm our suit, accusations and prosecution; we have the law, the facts and the evidence to convict them. We talked about damages and will there be money to collect. Even if the four individuals declare bankruptcy the money owed remains. If they get disbarred from “lawyering” in California and flee to another state, our claim is likely worthless; however this issue plays out, “Mister Pocket” is assured but could yield little gold.
They are arrogant, perfunctory, dangerous and passionate as they created a cause of action against us. Their attack crippled 1500 victims directly and thousands indirectly.
One thousand four hundred are shareholders. The remaining 100 were housed and fed from the sixteen to one gold. George and I talked over the task beyond producing, directing and performing in the case before a judge and jury. A historical pattern of behavior points a course and leads to privatizing criminal prosecutions. We will succeed, but the 180,000 members of the California State Bar may never know of our case.The remaining thirty-five million inhabitants or a significant majority should learn of the verdict. California has no privileged class of residents as written into the State constitution. Exposure steadily expands.
WHAT IF THEY KNEW THEY WERE GOING TO GET AN IMPASSIBLE FIGHT, WHICH IS WHAT THEY WANTED AND THEY KNEW THEY WOULD GET.
in reply to: Gold Enters Major Bull Market #2220An excellent chart showing the price comparison between the U.S. Dollar and gold was posted on the jsmineset.com website today. It can be accessed by going to http://www.sitedynamo.com/cwsv3/trial530369/miscfiles/danchart-oct20-04.pdf.
The past 14 month relationship clearly shows that gold moves in the opposite direction in a locked step with the Dollar.
The chart clearly defines the 85 to 86 support area for the Dollar and the 425 to 430 resistance area on gold. If the support area on the Dollar is broken it will certainly propel gold higher and through the 430 area.
The current price of gold and the U.S. Dollar is available 24 hours of each international trading day at http://www.kitco.com.
The chart was created by Dan Norcini/Houston,Texas.
in reply to: Gold Enters Major Bull Market #2219Russia’s central banker says gold should be considerably higher.
Oleg V. Mozhaiskov, Deputy Chairman of the Bank of Russia, made an important speech relating to gold and mentioned GATA(Gold Anti-Trust Action Committee) in speaking at the London Bullion Market Association’s gathering at the Baltchus Kempinsky Hotel in Moscow during the period covering June3-4, 2004. The text of that speech was just now made available by GATA.
The report is available for reading at Google.com. Search GATA and you will find it as the second displayed heading, “Russia’s Central Bank takes note of GATA.”
Bill Murphy, Chairman of GATA, makes some eye opening comments concerning his not being able to gain access to this speech for months at http://www.smartstox.com/interviews/gata4.html.
in reply to: Clips from Alleghany #2218Warm weather continues. For those in Northern California, you know about the three forest fires. The closest to Alleghany is near Lake Tahoe. The air continues to be smoky from this fire. Weather report said a chance of rain on Sunday, much needed rain to downgrade the current high level of fire danger.
The pump on the 1700-foot level failed Monday. It was repaired ($1468) and the mine was back pumping on Thursday. The water was just below the 2200 foot –level.
Gold Sales continue to cut the quartz from the July pocket. It is beautiful, but many of the slabs are just too heavy for the designs of our jewelry manufacturers. Therefore, $100,000 or so remains unsold. It is a shame to crush the high grade and turn the gold into bullion. The saw sands from the slab saws yielded seventy ounces of “dust” or about $28,000.
The crew continues to fix stuff both underground and on the surface. The company is looking for a couple of miners qualified to work at the Sixteen to One mine. Soon management will unleash the crew to again drill, blast and muck the “kitchen” raise where everyone is confident that another pocket rests beyond the face.
in reply to: CDAA Conduct #2216The following is a proposed filing for Sierra County Superior Court. If it is submitted, it will be moved to the court topic. Where does the public non-priviledged class begin to stop statute breaking (law) offifers of California. Well it already has begun. No lawyer should be allowed to tarnish the judicial branch by misleading the judge in judicial areas. I believe Tom Knox, with his firm’s knowledge, disrespected my courtroom in Downieville.
Superior Court in Sierra County
Downieville, CaTo the Honorable_________, presiding judge on October 5, 2004 or later
Rule for filing a sanction.
Sanctions for Tom Knox have a substantial trail of evidence to support a hearing by a review commission of peers. He has knowingly misled the Court in his testifying for his firm’s argument in its demurrer. He presented to you supportive arguments orally, even after you informed us that you had read the filings. You asked for anything new from the record. He eventually offered none and spoke and argued his case. But that alone is not enough of an affront to the Court to suggest sanctions against Mr. Knox’s affront to the profession of law.
This is. He continued to harp on the fact that his defendants should flee from a trial because plaintiffs failed to file a required claim against the government. The fact: claims were filed, timely and denied by Sierra County about May 6, 2003. He knowingly misrepresented facts that are required to be identified to the Court by legislative action. He knew of the claims or should have known of them from public records and the input from his clients and interrogatories from the plaintiff. He knowingly misled you.
Officers of the Court are held to professional canons, codes and law. Knowingly misleading the judge is not allowed according to the California Constitution. My associates and friends want the law enforced, when a member of our State Bar knowingly misleads or unknowingly commits perjury in this Sierra County Courtroom. Tom Knox, State Bar Number____, knew or should have known that claims for damages were timely filed for Original Sixteen To One Mine, Inc. by and for Michael Meister Miller.
Although I am not an Officer of the Court by means of membership in the State Bar, I will certify the truthfulness of the contents of my allegation that punishable violations of the public trust were committed by Tom Knox. I offer to present in a judicial conduct review hearing those public records.
Respectfully,
Michael M. Miller
in reply to: Gold Enters Major Bull Market #2210Lynwood
You sound quite historically savy. You are a rare breed. My analysis of future prices is mainly based on long term historical chart patterns.Just in the past few years I have increased my education on patterns by reading Jim Sinclair at http://www.jsmineset.com. As I have mentioned here on the Forum a few times, Mr. Sinclair maintains an access free website. If he charged $1000 for an annual membership it would be well worth it.
Fundamentals and history will always be important.
in reply to: Clips from Alleghany #2209Water was the primary issue last week at the mine, no not underground water and pumping, but the water supply to the mine from the Company’s spring. The steel 20,000-gallon tank developed some holes and was leaking. A smaller tank has been plumb into the system until the large tank is repaired. The problem that required the most labor was a loss in flow to the tanks. The old lines were plugged with rock and silt and in two spots the connections collapsed. The “fix” is simple but time consuming.
Other surface work centers around the portal shop. It no longer resembles its former appearance. A small air compressor was set up so miners needing air when the big system is shut down can get the air they need. Everyone is working to improve efficiency (cut down on electricity and labor). It is a relief to have the time to do the things that were on hold.
in reply to: Gold Enters Major Bull Market #2207Apocalypse Now?
By Julius Cobbet
Posted ’30-SEP-04 15:00′
GMT @ Mineweb 1997-2004
JOHANNESBURG (Mineweb.com) – excerptCurrent trends certainly indicate that the world is experiencing a shortage of non-renewable resources. Oil is attracting the majority of the attention. This year crude oil has hit all-time highs; spare capacity – the difference between supply and demand – is said to be the lowest it has ever been. At the time of the oil crisis in the 1980’s, spare capacity was estimated to be 15 million barrels a day. Currently, the margin is estimated to be less than 1 million barrels; indicating serious supply difficulties for the future.
Gold and oil have a historical relationship, their price strengths and weaknesses are closely interwoven together.
in reply to: Gold Enters Major Bull Market #2208It is true, Bluejay, that those with historic knowledge of commodities remember that gold and black gold drive the financial capitals of the world and of individuals’ holdings. My history is better than most but my confidence that I understand the precarious positions many have placed themselves with debt and equity is not as strong. I prefer the strong sense of history in gold since 1968 than putting the contemporary point across. Gold and black gold, well, the public thinks it knows who owns the oil. How about the gold? Where is the gold? Who owns the gold? Who controls the gold or is it the same as those who own it? Neither of us will ever have the answer to these questions because the very essence of gold blocks outsiders from knowing. That is why those oil sheiks traded their dollars for gold in the close of the 1970’s. Your predictions are good. Are they fundamental, technical or historical?
in reply to: 16 to 1 Mine #149in reply to: Technology #2206“No timetable exists for us to development the 21st century gold detector. But, for all of us who pioneered the modern gold rush in California, the sooner the better. I can count these pioneers on the fingers of both hands and the toes on both feet. The ability to build and detect blind gold lodes exists. I can count on the fingers of my hands gold miners capable of writing the same assertion (to say with assuredly something that can not ever be known). There is a thing called ‘risk’. In taking the risks of this game, one hand will tally the players. There remain a few pioneers who remember and know: the ones with the highest risk will seek the highest reward. The Alleghany Mining District, which has never relinquished its soughvernity, encompasses a vein system laced with lots of gold. It is known to many but believed by few.”
Goldsmith, this is the best way I can most obtusely yet directly, answer your posting. A big question to ponder is: the technology area and allocation of gold. The choice has been to chase gold before chasing a gold detector that will surely find gold. The pocket I have in mind is one to eclipse the largest ounce concentration mined in Alleghany. It was found before the order by President Roosevelt prohibited American citizens from owning gold. This vein was mined into the size of a stope (room) about 20 feetX40 feet. It can be quickly mined also. An 84,000-ounce hit will do the deal and it will be quick.
Back to the timetable question, which by now you may see there will be no answer, the timetable for technology has less value than the time preference to sink the Red Star Shaft. Its existence depends on us finding some gold or selling some equity. Borrowing money is out of the question. (Our government has chosen debt over equity dilution. It is less important to berate this choice and instead to see who holds the notes of the debt.)
OAU rates the choices to ponder in importance as follows: gold, dilution, operation, and assets. Each of these unique areas competes for a timeline. For this reason I prepared to sell the Brown Bear mine for the $6 million to create the new shaft and also build the device. Before the Federal government’s confiscation of Americans constitutional rights to personal property in 1934, two hundred million dollars was the pay off for the minimal mining of the claims. Spending $200,000 to assemble and test the world’s deepest gold detector underground, has taken a back seat to selling an asset. Even selling the Brown Bear for 15,000 ounces is questionable when considering production of 500,000 from no levels below the drainage.
I welcome any comments. We will develop the hard and soft ware to locate gold much deeper than ever before in the Alleghany Mining District.
in reply to: Clips from Alleghany #2205No, Scoop was not waiting for someone to ask for his return, but thank you anyway.
All of the Sixteen to One computers were infested with viruses. The Internet server blocked the computers from going on-line. The computers were taken to Grass Valley for a complete cleansing. One machine had 750 viruses. Who does this? Could it be the people paid to rid computers of viruses?Work is progressing in the Tightner shaft. A mucking machine is ready to be lowered to the 1000 foot level so the crew can prepare the area as a travel way. The objective is to mine the vein between the Ballroom and shaft (not the entire area but those sections with proven features that indicate a high likelihood of gold). No one expects any gold production until later because everyone’s attention is still focused on surface and underground “dead work”. The miners express confidence that more gold will be mined from the area near the July pocket and in the larger area. To them, gold’s existence is proven by earlier production and the lay-of-the-land.
Ray Wittkopp, company geologist, returned from the mining convention in Las Vegas today. He said that the interest in gold was very high. Nobody was promoting diamonds, which is also telling. There are fewer established choices of gold companies for investment than during the bull market or spikes in the 80’s and 90’s. Supply and demand will eventually work through the numbers every time. This bodes well for ORIGSIX.
in reply to: Gold Enters Major Bull Market #2204Keep yourself informed on why gold has to go higher by logging in to the free website, jsmineset.com. Will the U.S. go to war with Iran? What do the expanding political changes in Russia mean to the price of gold?
This site represents a shinning beacon of truth that most certainly you will never completely find in the newspapers or on the nightly news.
The day is coming when the remaining wealthy investors will be to some degree holding gold and the companies that produce it.
The respected Paul Van Eeden whose commentaries appear frequently at kitco.com under Kitco Contributed Commentaries is stressing investing in some select gold exploration companies.
According to these two men, along with Richard Russell, gold is dirt cheap.
in reply to: Clips from Alleghany #2203I hope you guys are finding lots of gold and thats why there hasnt been any new posts.
Good Luck, I enjoy reading about whats going on at the mine.
Congrats on the big find a while back I like the photo of it with the drill hole in it.in reply to: Technology #2202Is there a time table as to when this might happen. Have you been talking to different Metal Detector copanies like Whites, and Mine Lab? I would think they would be dieing to add you as a member.I can remeber the Whites adds with Mike in them.I wonder how many detectors those adds sold?
in reply to: Technology #2201The best technology for locating and mining high-grade gold is still geology. Fortunately, the Sixteen to One vein system is a well-researched and studied deposit. Fortunately, the company recognized the importance of mapping and recording data. Fortunately, the corporation directors believed enough in the deposit to seek wealth from the ground instead of the paper profits in the stock market. The science of geology remains at the pinnacle of locating new pockets.
Since 1992, the company realized the importance of electronic detection devices that would recognize and report gold to the operator of the device. Millions of dollars were produced from the gold overlooked by the traditional methods of locating and mining a “pocket”. What would Bennet, Van Doren, Foote, Searles, Fuller, Cooke, Hulesdonk, Best, Alling, Woodbury, Furgeson , Gannett and other high-grade gold miners think if they knew that miners today can wave a wand along the quartz and gain the notion that gold may exist eight feet beyond the visible surface? Fortunately for us, no one knew until now.
The next generation of metal detectors will increase the penetration to twenty feet. The hardware already exists. The best mine in the world to advance this technology is the Sixteen to One. It is permitted. It is operating. It has a seasoned crew. It has a history of research of twelve years and it has the gold. The research to build the hardware is mostly completed.
in reply to: Technology #2200I’m curious as to what type of technology is being used in the 16 to 1 these days to find new pockets of gold.
in reply to: Clips from Alleghany #2198Four fires started about 11:35 am on Saturday about twenty miles down the road from Alleghany near Mother Truckers store. Arson anyone? At 3:25 pm power in Alleghany went dead. Although none knew for sure, everyone suspected the power loss was connected to the fires. It was. Power was restored on Sunday about 5:30 pm. Pike, Camptonville, North San Juan also went dark. People get used to power outs during the winter but this was new. It was warm, down right hot. Fortunately, the moon shown bright and the village simmered with the faint glow of candles.
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