For what it’s worth, I’m meeting with a group of investors on Monday to discuss the purchase of my 9 patented gold claims (I’m keeping one for myself). The interest in mining claims has never been higher. There is gentleman from San Diego that is attempting to reopen a small mill operation near my claims. Tree huggers are pulling out the stops to prevent the county from issuing a permit to operate.
Reclamation of existing tailings has proven to be very profitable. The concensus is that $500 per ounce makes an extraction process profitable. One only has to look at the processing machinery used a 100 years ago and you’ll agree with a lot of knowledgable people that early day miners probably got 50% or less of the gold and other precious metals on the first go around.
