July 5, 2022 



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 By bluejay

11/03/2008  12:03PM

The Board should look into creating some additional areas for revunue flow as waiting for the next pocket or pockets to be discovered has stressed out the company financially for too many years.

As an example, consider establishing a plan of operation like the Tuolumne Lodge has running in Yosemite at Tuolumne Meadows.

Tuolumne Lodge is basically canvas covered tents for accommodations with each having a pot-belly stove and a few dressers inside with a solid wood floor and screened windows and entry door.

The main lodge area is a larger canvas covered tent with a much bigger stove. There is a check-in/lounge area with a larger back area on a running stream for serving meals. The kitchen's working and storing area is winterized as are the bathrooms and showers.

Every night it is customary to have a fire pit going with surrounding chairs and benches for the guests. In Alleghany local historians can drop in and talk about the history of the area and answer questions.

The key draw for such an operation would be people's desires to get away from it all and stay in this beautiful area. I have visited Tuolumne Lodge and find it quit similiar to the beauty of Alleghany.

These are some of the testimonials from visitors to Tuolumne:

Great hiking-a wonderful area for a solitary hike-excellent food-kindness-good tour shuttle service-laid back-friendly service-beautiful place-excellent staff-we had our wedding there-breathtaking nights-gorgeous afternoons.

The most impressive reason for wanting to visit the lodge was, "all the troubles in the world seem to melt away."

Years ago the favorite attraction at Knott's Berry Farm in southern California was an area they had been set up next to a mock mine tunnel for panning of gold. There were always people waiting in line with their youngsters for a chance at finding some color. The prospective lodge operation could have a similiar area.

During the winter the canvas tents would be taken down and stored in the winterized buildings.

Drawing people for overnight stays in Alleghany would have its benefits. Hopefully, a source of revenue would be a great benefit to the company. In addition, we could turn into a seller of various items including gold specimens and jewelry.

Ray Wittkopp could even give his thoughts concerning how our new envisioned project could strike it rich during some nightly campfire gatherings when he is in town.

Once the people come, and they will, our exposure to the investment community could be heightened as well. Some years back I discussed with executives of U.S. Energy and Gold the bright future that opening up a tour division at their Sutter Creek mine would have for them. I told them that people want to connect to California's past gold mining era and they had a great thirst for it.

To my surprise, the idea was persented to their board and it was approved. Today, Sutter Gold has been running a successful tour operation, a retail store along with an area for viewing films for a matter of years now.

People will come.
 By bluejay

10/29/2008  5:30PM


Thanks for the comments. I'm sure the rest of the shareholders would appreciate any information that you could supply concerning history of the mine. Thanks in advance.
 By ztuz

10/29/2008  2:24PM

I started working at the Brown Bear mine in 1972.
At 16 years old and a height of 6'5" It was hard work to say the least.
I went to Deadwood origanally for two weeks vacation with my Dad who had bought stock and knew the owner.
 By oakrockranch

10/29/2008  8:50AM

The audience of eBay is world-wide.

As far as pricing goes, I have found the "free market" to be the best method on eBay. Time and time again, I have seen auctions die off because of excessive pricing, whereas an open bidding situation with a low start price stimulates greater interest and thus a higher close. I have had the best success by running "no reserve" auctions on items in the 5-10K range. Considering the high-value of most 16to1 items, there may be a need for a fair reserve price (protecting the asset).

A bit of PR and advertising before any eBay launch would also be helpful to drive traffic to the auctions and create a sense of urgency or call to action.
 By bluejay

10/29/2008  7:43AM

e-Bay marketing is a good approach. I hear over a million people make their living selling here. The big pieces would probably be well received by successful gold writers as well as heads of gold mining companies to be put on display in their lobbies or in their offices.

When items are put on e-Bay the audience is quite extensive.

The most difficult barrier to cross is not pricing these items at Alice in Wonderland levels.
 By oakrockranch

10/28/2008  10:25PM

I'm obviously on board with this. Mike may have some hoops to jump through (but then he's good at that) to settle any contract terms or commitments with Halobird-Kagin first. IMO, the sum of the individual parts is always greater than the whole. I'd be happy to do a "test" sale on eBay just to see where this could go.

Let's hear from others please...
 By Rick

10/28/2008  7:04PM

I'm putting this topic back on top, because we should all chime in regarding this....

Let's go...speak up!
 By Rick

10/26/2008  4:34PM

Sectioning the gold collection may in fact even enhance the value overall, as there are specialists who collect in their area only. Best example: section off and offer only pieces of the sculptures...yes, they are fashioned of extreme highgrade gold-quartz, and may be of special interest, especially as individuals. Nobody's going to crush them. (After all, if one is sold, who wouldn't want to aquire the rest?)

Market places are amazing. Test the market. I think the eBay suggestion is a good one, and not simply because I made it. Put a reserve price on one of the sculptures and see what happens....publicity reigns and generates interest.

Back to sectioning the collection. Competition drives the free market. If in fact there is an entity or two that has their eyes on the entire collection yet have been dragging their feet, sectioning the collection may set off alarm bells...

Mike, let's consider this. Actually, when I think of the Sixteen to One gold collection and where it stands historically, I must admit that I envision the pure aesthetic as-found specimens only, (not to diminish the value of the sculptures, for they stand on their own as collectables)...hence the suggestion that a purest may welcome the collection of specimens only.

Just a thought.
 By Michael Miller

10/23/2008  1:35PM

A major part of my job is to evaluate the corporate assets while seeking the necessary working capital to go mine more gold. The balls I juggle vary. Right now there are different parties with credible interests in investing that have no interest in the gold collection. This is nice, so I have prepared an answer to those who have hundreds of thousands of available dollars but not millions.

Before the Company takes any money it needs pledges totaling $600,000. This is a minimum amount that gives management the assurances that it will succeed in mining more than $600,000 of gold. I am confident of this! It will not build the new shaft nor refine the gold detection process or get us moving in a public marketplace. It will, however, put us back underground and mining gold. How much gold remains to be seen. Therefore,we may not need to go to investors again because the upside potential for major ounces from the places we will be mining is quite great.

Splitting up the gold collection will likely take time. Maybe not and I will explore this avenue.
 By oakrockranch

10/23/2008  11:12AM

I still suggest selling the collection in smaller lots to generate immediate cash and lower debt. Why hold out for one giant sale? If the collection were divided into groups of "like" items (ie: jewelry, carvings, slabs, specimens) they would appeal to the different market sectors, allowing more buyers to surface. To find one buyer (or coordinated group of investors) who wants everything for $3.5 million is IMO a long-shot. And honestly, does it really matter where and to whom this stuff is sold to? I thought the goal was to generate cash and get things moving again. Why not try every option, tap all prospects and exhaust other options. Your thoughts?
 By Michael Miller

10/23/2008  10:03AM

Management is actively seeking sources of working capital. For more information, write me or call.

The Company and Proposal

Original Sixteen to One Mine, Inc (the Company) is a California corporation with thirty million shares authorized and 12,867,250 outstanding. There are 1,642 shareholders. The Company has a history of trading on the Pacific Stock Exchange (now defunct). It files reports to the Securities Exchange Commission and maintains a public market on its web site. Management consists of a board of directors and officers elected annually. Its president, Michael Meister Miller (1983 to present), has been a director since 1977, and is responsible for the day-to-day operation. He has thirty-four years of gold mining and corporate management experience. Former Directors and seasoned professionals maintain an active interest in the affairs of the operation and are called upon for specific situations.

The primary operation is the Sixteen to One mine from which more that 1,200,000 troy ounces of gold have been retrieved since the mine began operation in 1896. The Company began doing business in its present form in 1911 and has operated continuously. It employees fifteen people and operates year round. The Company has a long history of acquiring significant gold properties. Consequently, its assets are recorded well below market price. (See Addendum A for a market analysis.) Its real estate is offered as collateral for the requested money. Recent purchases are the Brown Bear Mine (1994), Plumbago Mine (1999), and Gold Crown Mine (2005). Total gold production from all the Company’s mines exceeds two million ounces (over one billion dollars). As important as this statistic is, the professional opinion that less than twenty percent of the gold bearing vein systems have been utilized is most relevant.

For accounting purposes gold revenues are accrued when the metal has been recovered. For tax purposes revenues are not recognized until the gold is sold. Rare high-grade gold and quartz is sold at a significant premium above the daily “spot” price for bullion. Gold inventory is recorded at the bullion price without an allowance for its proven added value as a precious gemstone or prized specimen. Over the last decade the Company established and retains a world-class gold specimen collection valued at $3.5 million.

The Company is one of the world’s pioneers in electronic gold detection technology. Beginning in 1992 and continuing to the present, it has worked with numerous companies and individuals to improve the sensitivity and depth of detection equipment. With each improvement it has retraced prior areas in the vein system previously mined and found additional gold. The historical results prove that with better technology more gold will be mined. The budget ($250,000) allows for finalizing the detector, conducting programs where signals are identified and massaging a software program for the miners to use on a regular basis. Currently, detection has not exceeded seeing four feet into the quartz. The Company has a realistic expectation that reliable detection from ten to fifteen feet is possible. The Company is a leader in underground gold detection. This new tool will change the face of gold mining in California’s Sierra Nevada goldfields as well as other areas with quartz and gold deposits. The Company will own the equipment.

Much of the mining equipment in use today has been a standby in the small vein underground mines for many years. The drill-blast-muck sequence continues to be the most cost efficient method of mining; however improvements in these areas have increased efficiency for the Company. Because of its use of and knowledge of metal detectors, the Company developed improved ways to process its high-grade gold and mill its low-grade ore. There have been many changes in the gold industry over the last two decades. The Company plans to rejoin the public marketplace at this time by listing its stock. Another relevant fact that has changed over the past decades is the reduction in real gold producing companies. The major companies have been growing through acquisitions and mergers. The choice for investors that are seeking some type of gold position has shrunk, leaving Original Sixteen to One Mine, Inc as an honest choice for joining the current interest in gold.

Financial Summary: The Company files quarterly and annual financial statement with the Securities and Exchange Commission (SEC).
 By Michael Miller

10/07/2008  10:33AM

Mick, you have an historical artifact. It may be worth something to a collector. Yes, Original Sixteen to One mine but not from that corporation. A man from Southern California bought the mine in the mid 1970's and worked it off and on. Our company got several large boxes of documents after the purchase. The Gold Crown has some very interesting targets but the Sixteen to One has the best.
 By mick

10/06/2008  7:10PM

Just came across a Gold Crown Mining Corporation stock certificate.
#133,incorporated in the state of Nevada, dated Oct. 16th,1951.
Transfered to my mother in law on June 8th, 1960.

what is the value today?
Thanks, anr regards to all.
 By Hans Kummerow

09/29/2008  10:28PM

Thank you Mike.
 By drayegon

09/26/2008  6:30PM

It is going to look like Black Friday all over again. Is the Fed going to make it even worse by the bailout on wallstreet. Biggest problem we have is the supply does not even come close to the demand. Less Gold is being produced and fed into the mainstream. They have stopped selling Gold Buffalo's and Gold Eagle's. They are even now beginning to admit they do not have enough gold to sell it to the public. 73 dray
 By Michael Miller

09/12/2008  9:08AM

Thanks for the responses. It’s a great help and looks like I may meet some interesting people. Now, had an idea last night.

Gold interactive web sites are like preaching to the choir. How about some sites which are hostile to gold, natural resources development, domestic productivity, and display economic or political stupidity? Ignorance is the enemy. Open, honest clear and direct facts evidence and information are the antidotes. I am confident that California’s gold belt as well as America’s other industrial minerals can be environmentally extracted with a 21st century mentality. It will make the United States a stronger global player.
 By RScrivner

09/11/2008  6:48PM

Hi Michael,

I just sent you an email reply to help.

 By Michael Miller

09/10/2008  12:45PM

Gold will likely remain a item where investors and speculators can increase their wealth for four or five more years before it settles back to its traditional stability or they may see their wealth bleed away. Profit is most likely when volatility is in the air, as it is right now. Americans have a very poor understanding of the Gold Sector. This is true and unfortunate, as many will get caught up at the wrong times to buy, sell or use the stock market to make profits. Ignorance is the enemy and knowledge the friend BUT where do we go for our knowledge?

This topic is called HELP because I need your help, very specific help. Within my circle of business friends a powerful amount of knowledge about the Gold Sector exists. Many of us have been in gold at the beginning of the twentieth century gold rush, which began in 1974. We can challenge questionable opinions and talk about gold in ways that cross many facets, important facets to get an historical perspective, a current description and within reason modest speculation about the future. At the least we can offer others some things to look for and evaluate before risking their money.

So here is my request for HELP: develop a list of gold related web sites. I want to participate in web site that discuss gold. If the sites are all hype and no substance, they need to be challenged. If they are serious, I believe we have something to broaden the discussion. If you can identify some sites (good or bad) let me know at this topic or send me a direct e-mail at mmiller@origsix.com
 By colby

07/15/2008  11:50AM

one place I used to pan was up the river below helltown, ca (with permission)
 By mesher5

07/14/2008  11:18AM

Thank you gfxgold for your reply. I will look at those websites to see where it takes me. Steve

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PO Box 909
Alleghany, California 95910

(530) 287-3223      
(530) 287-3455

      Gold Sales:  

(530) 287-3540


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