Friday, May 18, 2012 2:53:10 PM
What do you think - would you invest in a gold mine and rely on a report written by the guy selling you the claims? Or would you do your own due diligence?
There is a pattern of these "fabulously rich" placer mines in the Skull Valley/Wilhoit area being promoted by the same few people, with none in production, and no real hope of ever producing more than a few ounces. To claim that alluvial fan material and "high-bank" deposits have anywhere close to the gold grades that are needed for profitable mining is ridiculous. You might make more money with a shovel, five gallon buckets and a sluice box on a weekend than you would ever make trying to develop one of these piles of gravel!
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