KMA Holding, Inc. (MCDA)

[Investorman]

I know what placer mining is. You still sample throughout the entire claim to get an idea of the potential.

They have been mining all those claims up there for the past 100 years, and while they do find some gold, none of them has ever produced gold in viable quantities. That's why they are hobbiest and small mining operations. The content per ton mined doesn't average out very high which is why the larger mining companies haven't ever shown much interest.

You can find gold but it isn't going to make you rich.