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To: dennisw

Time to invest in more gold mining stocks. We could see a resumption of gold mining in the Sierra Nevada foothills at the rate things are going.


4 posted on 11/27/2009 7:18:42 AM PST by RayChuang88 (FairTax: America's economic cure)
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To: RayChuang88

“gold mining in the Sierra Nevada foothills at the rate things are going.”

Not likely with the enviornmental rules in place at this time. A small time miner can’t even run a Dredge or High Banker in any river in California. See

http://www.icmj.com/news-detail.php?id=36&keywords=Current_Status_of_Suction_Gold_Dredging_in_California

Water is a most important tool in Gold mining and the current water problems in California will likely set back any mining ventures.


24 posted on 11/27/2009 8:59:01 AM PST by Bullpine
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