Friday, March 07, 2008

Hooked on Gold Gazette 3/7/08


· Gold Spot Closing Price for Friday: $972.40
· Spot price last week: $974.30



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Calendar of Events

MARCH

9th Daylight Savings Time Begins in Colorado, Spring forward!
12th GPOC General Meeting 7:00 p.m.
17th St. Patrick’s Day
20th First Day of Spring
21st Good Friday
23rd Easter

APRIL
1st APRIL FOOLS DAY – Arkansas River is open for Motorized Equipment
9th GPOC General Meeting
25th – 27th SPRING Gem, Fossil and Mineral Show – Denver, Co.
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NEWS

Well, we are still waiting for gold to reach that magic $1,000.00 mark. It is expected to meet with resistance at that price before rising higher later this year.

More snow is falling in the mountains and even the northern mountains are now showing totals over 100% for the year. Look for high water during run off this spring and early summer. Should be a great year for white water rafting.

This seems to be a slow week for news on gold, other than how high it is right now. It did dip to $958 earlier this week, but rebounded right back the next day. This seems to be a good place to talk about researching your areas for this season prospecting trips. I don’t think I have taken time to talk about that, so I thought I would start today and continue this next week with some tips about where to find your research materials. Today I will discuss your local resources.

The first one that comes to mind is your local prospecting club. You will find a wealth of information there, but don’t think that those “old” timers will just give up their secret or best spots to you. They WILL tell you about the best places to get started and even give you a hand with the basics. Anything more than that will require time invested with them and the club to “prove” your worthiness. Along the way, you just might find that special place of your own to share with them. Good reciprocal information is always appreciated.

Next, your local library or the newspaper or libraries of the area you are interested can yield some good information, but remember that newsmen of the 1800’s exaggerated findings to sell papers with sensational news. While there usually is a thread of truth there, the whole truth may be somewhat different than the printed “truth”. (A good rule of thumb for today as well. LOL!) I’ll give you some more tips next week so I can get this published before supper.

Website changes continue, but the search function is still not working right. Hopefully it will be fixed by early this next week. After I get everything working, I will begin rebuilding the store. Some of the older items will go up first, and I will then work on getting up newer items that have been found this past Fall. While I know many of you will be looking for equipment for this next season, it is simply too expensive right now to have a distributorship for larger equipment, and so we will stick with what we make ourselves and what we can drop ship. Those items will be the corrugated mini sluice for black sand separation from gold and the Madam Queen Shirley’s Magic Panning Sand, with 7 grains of real Colorado gold.

One fantastic find this last Fall was a source for Gold Nugget and/or Gold in White Quartz Jewelry from a company that has been in business for over 40 years and two generations. Items are available in 14K gold and sterling silver. We stock a few items, and anything else can be ordered and drop shipped with a 30 day return policy on the jewelry. Another part of what they have available is prospecting gift items made from redwood bark, geodes, and amethyst with mining and gold panning scenes. VERY reasonable in their cost. We stock some of these items, also, and those we don’t can be ordered and drop shipped. I’ll tell you, I sold quite a few of these off site this last year, and I am sure you will be pleased with them as well.

World Open Panning website has this year’s world wide panning competitions listed and they add more all the time. A great site to visit: http://www.worldopenpanning.homestead.com/ .

Until next week……
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If you find a broken link, please let us know
THE ARKANSAS RIVER is now closed TO MOTORIZED EQUIPMENT FOR THE WINTER UNTIL APRIL 1, 2008.
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Good Prospecting to You,
Larry and Shirley Weilnau
http://www.hookedongold.com/
http://www.thevideosense.com/user/MQS/ Prospecting Videos
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