What You Need To Know About Gold Mining Claims
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So the bottom line is if you are aware that it is almost too late to buy into the Gold Rush of 2011 through Bobby’s listings, and you cannot believe the garbage sent via spam e-mail in the format of press releases that should be listed in violation of SEC regulations, then perhaps you need to take a one memorable, tax deductible, summer vacation, and at the very least find Bobby MaGee some more inventory by setting out your own gold mining claims.
But either way (buying or selling), given the recent furry of Cheecokoes heading to Alaska, risking their life savings, without really stopping to study the situation, I guess it is up to this old-timer to flap his lips, as yet-another-so-called-expert, over the big picture of what constitutes a mining claim.
As the son of the West’s leading mining lawyer I worked my way through grade school as an office boy who reached the level of researching “cases in point” off the dusty shelves of a county law library.
My first summertime job with a paycheck beyond my standard of 25¢ per hour is fully described as being part of the Colorado Plateau uranium rush of 1955 on my equally pioneering TheProspector.com, online before the web via Fido.
My job was to verify the validity of the claims a Canadian stock company had purchased. And even though I had trouble collecting my last paycheck, I actually ended up, years later, contracting to the same outfit, with a new name, putting in some of the last Federal claims in the new State of Alaska. Here my performance record as a “landsman” with a helicopter, and a seven man crew staked 132 hard rock mining claims in terrain as difficult as shown claimed on the cover of this publication.
Although the State of Alaska has different mining claims rules. I like using the extreme Far North as a fair picture of the honor of being allowed to be a part of a legal contract between a very bountiful Creator, a government of the people, and the “Prudent Man” so often cited in mining law cases.
To me, as the required American citizen, with a touch of native blood, that had just signed his name, even when acting as a agent for others, I had a little ritual. It was chanting a line from the stampeder poet Robert Service that, “A promise made, is a debt unpaid.”
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