June 24, 2018 
 Sunday 
 
 

Forum
Topic:
Clips from Alleghany

       

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 By SCOOP

07/28/2008  5:03PM

“All things will come to him who will but wait.”-Henry Wadsworth Longfellow. So, this gold mining village waits. We are not waiting for a pocket of gold. We wait for something else. Albert Einstein said it best, “A hundred times every day I remind myself that my inner and outer life depends on the labor of other men, living and dead, and that I must extend myself in order to give the measure as I have received.”

It is quiet in Alleghany and will be until someone who can afford the luxury of owning the priceless gold collection steps up with the cash. Mike is concerned that while many financially solvent people would leap at this opportunity, too few know the collection is available. The catalog is a delight to page through ($10 and you can own one).

Maintenance underground and on the surface is keeping the property safe and whole. It is frustrating to see the summer passing by. Work underground is not climate sensitive. It may take four-wheel drive and some snow removal time but all in all the seasons matter little. There were problems with the water lines, which malfunctioned at the shareholders meeting in June. The lines continue to break for unknown reasons. The water to the portal is off right now because of another broken pipe.

Does anyone have a not needed Cat engine for a 910 Loader? The engine number is:3204445V-10692-4N 303. The crew uses the smaller loader regularly for many applications. Water is leaking into the oil. The block has a crack. It may be forced to visit the cat house for a fix because the guys miss it.

The community garden is doing well: tomatoes, squash, peppers and some ufo’s. This is the first year for a community garden. It adds a nice touch to the front of the office. Life feels as if the community and mine have turned into a Lake Wobegone epic.
 By Fireman

07/13/2008  3:35PM

Thank You Rockin Robin for the update on the annual shareholder meeting. I am sure that there are many people anxiously awaiting word as to where the mine is headed.

Hydropower would be great asset for the mine. Hydropower is readily available, renewable, and a clean domestic source of electricity. Perhaps most important, it is a clean source of power--it produces no carbon dioxide, sulfur dioxide, nitrous oxides, or any other air emissions. In addition, it produces no solid or liquid wastes. If the 16 to 1 could produce its own hydropower it would reduce the monthly PG&E operating costs of keeping the mine dry. As a side benefit of hydropower, the mine would be contributing to the conservation movement of "Going Green".

Now if the 16 to 1 could just sell the gold collection, they could be breaking rock again! I look positively forward to the future that soon the Miners will be back in the heart of the mine searching for the next big strike!
 By Rockin Robin

07/11/2008  6:07PM

Since Scoop, Mike or another shareholder hasn’t reported about the annual shareholder meeting in Alleghany last June 28, I will tell you non-attendees what I saw and heard.

Attendance looked to be about 160-180. About a quarter were first timers. The sky was smoky and the air was foul, yet everyone was in pretty good spirits. Mike told us the meeting would start late because of a large number of late arrivals still checking in. Most of us were seated and since no one moved he offered to tell us happenings that were not scheduled for discussion at the meeting. Even though I’m a regular at the annual meeting, there’s always new and important info and insights for me to learn about my company.

Mike should ask how many in the audience follow the mine’s web site? It would help him selecting areas of interest, promote questions for additional information and use the time for info not already known. One thing is absolutely clear about everyone who speaks for the mine… open dialog and transparency is offered and practiced.

The voting for directors, review of minutes, mine status and financials, which were presented by Director Scott Robertson took about fifteen minutes. Mike updated us about the specimen collection sale. A beautiful catalog was offered to shareholders for $10 not the $25 price by the company in Reno. I bought one for my collection. Oh, I was standing at the gold sales tent when the man who financially helped the Alleghany museum purchase over $27,000 of specimens was commenting about our 100-piece collection. He said that in twenty or thirty years from now people will recognize the value of preserving this one of a kind assemblage of natural and man made art and thank the wisdom of those who made it happen.

Ron Ott, a shareholder and retire hydrologist took the podium. Work on the hydropower progress since last year and PGE is anxious for the mine to get on line with its pelton wheel. He and Mike measured the water flow throughout the year. He determined that the plant would produce $4,000 to $5,000 of electricity per month. He praised the mine for its positive activity in conservation. The equipment and set up may cost $100,000 with a live time efficiency of 20 to 25 years. The shareholders were pleased with Mr. Ott’s news.

The owner of Orocal, a fourth generation family owned business that specializes in gold, David Connor, was invited to speak. Orocal is the largest purchaser of the Sixteen to One quartz and gold gemstone. He said that with gold at its all time high, it is not time to quit. He laid out the stream of additional money created by developing this jewelry market. He spends over $100,000 advertising this in Alaska. Because of the shortage of Sixteen to One production over the last year several years, he is having a hard time supplying the existing market let alone introduce his jewelry to other areas. He said, “Because the Sixteen has gained so great a reputation in this industry it sets the standards.” He reminds us that the mine creates jobs, he creates jobs and his sales accounts create jobs. It is an important industry.

Mr. Connor then said and did two things that surprised everyone and I remember his words, “The way I see it, if God created it in the first place, then He knows where it is so it wouldn’t hurt us to keep asking for his help in finding it. Please pray for the Sixteen to One. There are people who need these jobs.” Then he said: here is a $35,000 check for prepayment of gold/quartz slabs because I believe you will find it.

Ray Wittkopp, the mine geologist was invited to speak. He pointed out some geology of the Red Star project and gave a brief history of facts that support its success. There is a trend of larger pockets of gold as the mine was developed in the higher elevations.

Mike told us about his work with people using side scan radar and how another company has solved some of the technical problems they found years ago with gold detection in the mine. My take…new improvements in computers, detection technology and some seed money to test the equipment will enrich us beyond our expectations.

I liked this meeting as well as any. Also the new pasties lunch was great. If you were there and find things I missed, pipe up. I almost forgot one important item. The fish pond is back on the 800 level.
 By SCOOP

06/27/2008  7:53AM

WE ARE HAPPY TO REPORT THE AIR HAS CLEARED SUBTANTIALLY AS OF TODAY.
 By SCOOP

06/25/2008  4:13PM

SMOKE ALERT!!!

Due to the many fires burning in our area the air quality is VERY bad in Alleghany. We advise that people with any kind of sensitivity to bad air NOT attend the annual shareholder's meeting.

IF conditions change (which they are not expected to) we will post an announcement here.
 By SCOOP

06/04/2008  11:43AM

Mike was seen driving by with a bunch of school kids today and yesterday. Yep. He's the new tour guide at the museum. Feedback has been very positive from tour participants!

Weather is cool & partially cloudy in Alleghany.

Glenn Knapp was out rototillering in the new "community garden" located in the old Alleghany School yard now owned by the 16 to 1. It is hard to wait until June 1st to put those veggies in the ground but that is our official "frost free" date! Time to plant!

A draft copy of the 100 piece 16 to 1 collection catalog was recieved at the corporate office yesterday. Hopefully we will see the real thing soon!

More photos of items in the collection were posted on the web-site today. Look under "news".

1300 pieces of mail addressed to the shareholders of the Original Sixteen to One Mine, Inc. went out of the Alleghany post office yesterday and Monday.

Preparations for the annual meeting are beginning. Two local women who have been baking delicious pastys at Casey's Place will be providing the lunch this year. Not all pasties are the same. If you've had a bad one, give it a second chance because the good ones are really good! Pioneer Pasties is the name of their business. 530-263-4401.

Nothing to report from the mine except the PG&E bill was higher last month thanks to more pumping.
 By Rae Bell

06/03/2008  3:08PM

I organized the event for six years and burned out. Drunken miners became a huge liability concern as far as the drilling contest goes. (It only takes a few to create a scene)

Maybe somebody will decide to bring it back next year.
 By blackjack

06/03/2008  1:43PM

Is it true that Old Alleghany Days will not happen this year. I found it to be a very enjoying day and thought it was quite a successfull event. I have over forty photos on file from last year. Hope it is not to late for Scoop or Rae or someone to put it together !!
 By Rae Bell

05/23/2008  8:28AM

It was very hot last Sunday (90's) and has cooled off progressively throughout the week. The weather forcast is calling for snow showers above 6,000 feet tonight. Such is spring in the mountains. It is weedeating time in Alleghany!

The 10-Q (1st Quarter Financial Statement) was filed timely with the SEC on May 14th. I did the filing from the Public Library in Butte MT. E-mail a note to corp if you would like a copy or click on the link to the SEC site under "The Company". My page breaks on the SEC site don't work for some reason so if you want a formatted copy send an e-mail.

The museum had its annual membership meeting last Sunday. Six members attended in addition to three Board Members. Re-elected to the Board of Directors were: Ian Haley, Dr. Ed Metz and Rae Bell.

There will be a small ceremony at the Firehouse in Alleghany today as Fireman's Fund Insurance Company presents a Grant check to the Department for the purchase of equipment. There should be a photo in the Mountain Messenger next week. I wrote the grant and we got $7,500 for specific equipment requested plus a Thermal Imager that retails for about $13,000.

The 16 to 1 annual meeting mail-out will probably go out at the end of next week. There have been a couple glitches that are slowing things down.

Not a lot to report from the mine. The water level is down and everything is being maintained as well as it can be. Time to start cleaning up for the annual meeting!
 By gfxgold

05/13/2008  12:06AM

Hey Scoop, you might want to lay low after that crack about dented pick-ups. About half of Sierra County might take notice of that one. But, if you were just commenting on Mikes truck... Nope, can't help you out there, either. Boy, talk about painting yourself into a corner!!!
 By SCOOP

05/12/2008  3:40PM

Mike is working with an old friend, Fred, to market and sell the 100 piece gold collection. Fred has been at the forefront of selling and buying Americana stuff for many years. He also was involved when the sixteen to One contracted with Butterfield & Butterfield (San Francisco) to hold the first gold collection auction way back in 1995.

Mike wanted the catalog in circulation last month, but at last it is in the hands of the printer. The catalog is on eighty-pound glossy paper, 28 pages of high quality photos, descriptions and text. Soon it will be up to some wise, wealthy and fortunate person to purchase the mine’s gold collection for his own. Scoop wishes he were that lucky person.

The mine (underground) maintenance program has been on hold for ten days. A vital part for a broken piece of equipment was ordered out of Canada and has yet to arrive in Alleghany. There is always surface work to do, especially before the annual meeting the end of June.

During the past three weeks some very fancy cars parked outside the mine’s office. The financial situation is very open and transparent and Mike certainly is actively seeking out the most favorable way to implement the work he proposed months ago. Although fancy cars don’t always mean rich drivers, fancy cars are probably better than dented pick-up trucks.

It is an interesting fact that little attention has been given the Gold Sector while the spot price of bullion has been strongly held at all time highs.

Weather report: clear and warm. A week ago the most impressive lightening show surrounded Alleghany. It was the event of the year. No fires were reported.
 By blackjack

05/01/2008  6:29PM

Us gold hounds here in the tradewinds appreciate the latest weather report. Keep the temps in the 80s and will see you in a few weeks.
 By SCOOP

04/30/2008  11:04AM

For you out-of-the-area gold-hounds, here what Scoop sees and feels outside. It's a no burn day but there is no wind. Temperatures dropped the past two days from the high 70's. Blue sky with a couple of helicopters crusing the ridges of the Middle Yuba River. If your wood styove was cold last night, you hated to get out of bed this morning.
END of weather report.


The April 28, 2008 issue of COIN WORLD hit is subscribers with a story. “California gold mine struggles in ‘famine’ see page 18. Editor Beth Deisher wrote a terrific story complimented by nine impressive photos of the Sixteen to One gold collection. It might be available at newsstands or coin dealers. It is a very worthy prize to find and keep.

The company of Hollabird, Kagin Americana is marketing the sale of the gold collection. It has a catalog ready for printing, which will be circulated to its list of customers. Fred Hollabird said copies are available for $25. The address is 3555 Airport Drive, Suite 308, Reno NV 89511. Phone number (775) 843-0229.

THE FOLLOWING NEWS RELEASE WILL BE FEATURED IN TOMORROWS MOUNTAIN MESSENGER:

Last year’s gold production at the Sixteen to One mine was a bust says Michael Miller, the company’s president. Facing famine he pragmatically concluded that in order to keep operating and searching for gold, the company must sell its museum quality specimen collection. “For me it’s personal,” Miller said. “Its almost an indication of defeat. I’m intimately involved with each piece.”

The collection comprises 100 items, many crystalline gold specimens existing in their natural state. Some of the pieces were commissioned. These artistic gems were created by lapidary artists carving the prized high-grade, gold in quartz from the mine. The creations include a bear, an eagle, a trout, a complete jug band and other miniatures depicting miners and life from California’s Gold Rush era.

The mining company valued the collection at $3.5 million shortly before the recent rapid increases in the price of gold. Many of the pieces will be on display today (May 1) in downtown Downieville at Sierra Gold store from 4pm to 6pm. This will be the first major public display and regrettably, perhaps, the last. The store will be open to the public and there is no charge to view the collection.
 By blackjack

04/21/2008  10:49AM

Hey Scoop, It would be nice to get a weekly weather report from Alleghany for us Sierra County property owners in the Islands, Mahalo
 By martin newkom

04/12/2008  9:58AM

Mike did a fine interview with
Bob Sims on the KFBK outdoor
show aired this morning. Need more of that. Mike is an excellent communicator as we
all know.
 By bluejay

04/11/2008  6:12PM

Large gold nugget sold at auction


Published: Jan. 21, 2008 at 10:39 PM
Print story Email to a friend Font size:DALLAS, Jan. 21 (UPI) -- A gold nugget weighing more than 26 pounds has been sold for $1,553,500 in a public auction in Dallas.

The fabled "Boot of Cortez," a nearly 12-inch-long gold nugget weighing 389.4 ounces, was purchased in Sunday's auction conducted by Heritage Auction Galleries.

"It's the largest surviving gold nugget ever discovered in the Western hemisphere," said David Herskowitz, director of natural history for the auction house. "It was found in the Sonora Desert near Caborca, Mexico, in 1989 by a local man using a metal detector he'd just bought at RadioShack."

The more than 24-pound nugget was displayed last year in the American Museum of Natural History in New York City. The buyer is an American philanthropist who wishes to see it return to public display "in the very near future," Heritage said in a news release.

A total of 418 lots of fossils, gems and other items sold for a combined total of $4,187,227 at the auction, Heritage said.
 By SCOOP

04/11/2008  12:45PM

For those of you who have called the office over the years, you know that a real person usually picks up the phone. Starting next week you will most likely get an answer machine asking you to leave a message. Scoop has always had easy and liberal access to the office gang but it will be less spontaneous for the next couple of months. Why?

David (gold sales) and Rae are striking out for Montana tomorrow morning for a month. Mike will be spending time out of the office with mostly surface chores. He and Ray (geologist) always escape underground, which is time well spent. The biggest task is marketing the gold collection. It is 100 pieces and valued by the Company at $3.5 million before the run up in gold prices and the sale of the Boot of Cortez (over a million bucks). Mike cannot get over something that happened at the Numismatic and Money Show in Phoenix last month. An exhibitor had a one-ounce gold coin and a one-ounce silver coin for sale. Price for two these two ounces was $4,735,000. Yowie! Seems the Sixteen to One collection would be more valuable than these two coins. Trouble will be getting the word about its availability spread around to those fortunate to have the dollars to own it.

Those photographs under NEWS on the forum are worth a look.
 By Rae Bell

03/31/2008  8:38AM

Another set of collection photos was posted under "news" this morning.
 By Rae Bell

03/27/2008  12:31PM

Look under "news" for something entertaining!
 By SCOOP

03/27/2008  9:14AM

President Miller and Company Geologist Wittkopp spent yesterday underground at the main Sixteen to One mine workings. They studied six areas for future mining once the Company has the money to pursue gold targets. In mining, each area (target) has different costs based upon access, set up time, rehabilitation needs and finally actual mining costs. It may not be commonly known but handling the muck is usually the primary concern (cost). Fortunately, at this mine millions of cubic feet of abandoned stopes exist throughout the mines that are capable of becoming a home for muck. These stopes are carefully reviewed for any future mining when the Company has built its 21st century gold detector. Increasing the current depth of detection will expose any remaining pockets of gold in the vein that surrounds the old stopes.

Each of these six targets are studied not only for the costs and time for development but also the potential amount of gold that may be expected from the area. All six were rated for gold potential. Additional planning will refine the targets. Don’t expect much production until the gold collection is sold or some adventuresome and smart gold investors give Mike a call and check out the Sixteen to One. It’s a winner.

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© 2018 Original Sixteen to One Mine, Inc.
PO Box 909
Alleghany, California 95910
 

Phone:   
Fax:
E-mail:
 
(530) 287-3223      
(530) 287-3455
corp@origsix.com
 

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(530) 287-3540

goldsales@origsix.com
 



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