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James Turk: What did J.P. Morgan mean?
3p ET Saturday, August 20, 2016
Dear Friend of GATA and Gold:
What is money? GoldMoney founder and GATA consultant James Turk's new essay lets the financier J.P. Morgan answer the question with his testimony to a congressional subcommittee in 1912: "Money is gold, and nothing else." That is, gold is unique as money without counterparty risk. Turk's commentary is headlined "What Did J.P. Morgan Mean?" and it's posted at GoldMoney's Internet site here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Sandspring Resources Commences 2016 Exploration Campaign
August 17, 2016
Sandspring Resources Ltd. (TSX VENTURE:SSP, US OTC: SSPXF) is pleased to announce commencement of the 2016 exploration campaign at its Toroparu Gold Project in Guyana, South America.
In 2015 the company completed a 3,700-meter diamond drilling program on the promising Sona Hill Prospect, located 5 kilometers southeast of the main Toroparu deposit. Sona Hill is the easternmost gold anomaly in a cluster of 10 gold features located within a 20-by-7-kilometer hydrothermal alteration halo around Toroparu. Drilling at Sona Hill in 2012 and in 2015 intercepted high-grade mineralization in both saprolite and bedrock, and confirmed the continuity and grade potential of the Sona Hill mineralization.
For the remainder of the announcement and highlights of the 2015 drill program:
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