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  4. Q Lotus Holdings Inc. (QLTS) Message Board

All 20 of the Silica mining claims that QLTS owns

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Post# of 868
Posted On: 02/15/2016 6:51:25 PM
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Posted By: gator11
All 20 of the Silica mining claims that QLTS owns are Lode Claims!


Placer claims are for those who never really want a return from their claim. Placer gold is left over gold that has floated down from a deposit of gold. Claims are cheap and not worth much. Not even large dredging companies last for long with placer gold. You cannot break minerals out of rock with a placer claim. You cannot work underground or with a hammer with a placer. It’s purely to pick up leftovers. Placer claims cannot be located over lode claims.

Lode Claims are where your value is. With a lode claim you are chasing the “’lode” the main deposit of minerals. Gold, silver, copper, platinum and more. This is how small miners become rich miners. This is how small companies become massive. Open the right lode and its like cash pouring out. Lode claims are what mining companies acquire because they have legitimacy. You cannot locate a placer over a lode claim.

https://thediggings.com/owners/2333024


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