St. Elmo
"The town was at its peak in the 1890s, when it included a telegraph office, general store, town hall, 5 hotels, saloons, dancing halls, a newspaper office, and a school house. The Denver, South Park and Pacific Railroad line ran through St. Elmo. There were 150 patented mine claims within the area. The Mary Murphy Mine was the largest and most successful mine in the area and recovered over $60,000,000 worth of gold while it was in operation."
At 10,000 ft, there is not much going on there now except for an eerie presence. According to local legend, Annabelle Stark still keeps a ghostly watch over the town from the hotel below.
"A skier was said to have seen a very attractive woman in a white dress framed in the second story window of the old Home Comfort Hotel. The young woman's eyes were focused on something in the distance and when the skier followed her gaze, she saw a group of snowmobilers who were riding through the street. The skier flagged down the group, informing them that snowmobiling was illegal in St. Elmo. The group apologized and rode away. When the skier looked back at the hotel, the woman nodded to her, then turned away and vanished."
Annabelle knows there is lot more gold and silver here, that the town is worth preserving and that it will be renamed "St. Elmo's Fire".
Our personal Gold/XAU market also looks like a ghost town in decline with many convinced the mines have already seen their heyday, there are no more nuggets to be found and it's time for residents to quietly head to the train station.
Today, your resident prospector is here to tell you that there is lot more gold to be found. With up to 90% of residents expected to leave, that means more gold mines for all those remaining at bargain prices, some practically for free.
He also believes that modern technical methods of our Bonanza Gold Mine will uncover "The Map to the Motherlode", in the not too distant future.
Fortunately, that prospector is not a ghost.
The Denver Tribune reported at the time that “St. Elmo, a town of less than 6 months, has two sawmills, a smelter and concentrator, 3 hotels, 5 restaurants and several stores.”
Towns like this attracted eager miners, gamblers and train robbers as well.
On Christmas Eve 1889, Butch Cassidy and the Sundance Kid was said to have robbed the Denver, South Park and Pacific railroad serving St. Elmo and stashed $100,000 of that bullion near Monument.
That treasure was from the high grade "Little Bonanza Lode" but was never found.
This was not exactly a joyous Christmas event for St. Elmo but they continued to push on, helping each other and extracting more then $60,000,000 in gold and silver.
A true Christmas treasure is not in gold or silver buried somewhere but in the gift of having family and friends who care and support your efforts.
It is Pyritic gold and this mine is only one of two in the world with this type of high grade ore. Specimen quality is extremely rare in this grade, size and quantity.
Ore produced has been valued as high as 7.90 ounces of gold per ton, 14.60 ounces of silver per ton and 9.60% copper per ton. Assays of mine samples have been as high as 112 ounces gold per ton, 20 ounces silver and 16.5% copper per ton. These are extraordinarily high grades!
The mine was originally discovered in 1896 and was first accessed by a shaft atop the ridge. The vein has been worked intermittently from then until present time. The Hidee sits in the heart of the Virginia Canyon - Glory Hole Area, reputed to be the “Richest Square Mile on Earth”.
I have been in this mine and actually "mined" 3 specimens myself with hammer and chisel. Two specimens I gave away. They now provide educational mine tours.
The mines in this area, all told, produced more than $1 billion (1998 prices) in gold and silver since 1859.
Forget spelling Hidee. Can anyone spell "Gold Rush"?
~ Trader Garrett ~
This is the story of fabulously rich gold mine found by accident. It is It is absolutely true because I have been there.
Clearing away the brush, he found this entrance to an abandoned gold mine.
Timeless Treasure
In alluvial gold mining, a glory hole refers to an eroded out depression in old river beds or those formed at the base of ancient waterfalls. Gold, being over 19 times heavier than water, sinks to the bottom of these depressions near bedrock. This concave geometry is known to be ideal for concentrations of gold and these types of deposits are always in strong demand.
It wasn’t long before they hit the jackpot and the legend became a legendary treasure.
Today, its hidden location is still there, seen by many and recognized by few.
My analysis and correspondence with the Laginas in 2017 & 2019 is below. Most recent submission/correspondence was in February 2021. Reference to my specific ideas and logic may occur during any season.
A few days ago, we provided a link to an overall summary here and a chronology here. This mystery is also presented as a series on the History Channel.
For more than 30 years, I have been interested in the Oak Island treasure. My "theory" in finally solving this mystery is based primarily on strict logic and human nature but without a whole lot of supporting historical evidence.
To that end, this presentation was sent to the current treasure hunters, Rick and Marty Lagina, for comment. It offers several points of logic and focus that may assist them toward a more definitive answer.
In the search for this treasure, my central points are simply these:
- Would it not make sense (with such intricate detail and construction of the Oak Island vault and protective tunnels), for the originators to have had a plan and easy means developed to retrieve their treasure in the future? This would occur when the time was right and without the danger of flooding and cave-ins.
- Think of it as bank with only one safety deposit box and only one key. Would it not be prudent for treasure hunters to reverse the treasure hunting process in favor of a plan for finding how they planned to return to retrieve it? In theoretical logic, this would lead one directly to the treasure vault for the remaining clues on its historical origin and purpose in a more expeditious manner.
- This was clearly not meant to be a treasure cemetery but a temporary vault. Clearly, the planners for this project had a longer time horizon as opposed to pirates who had a mindset of “in an out.” These elements point to wealthy individuals or a secret organization as the source of this plan and the ownership of its contents.
- The contents of the vault had to be of immense value (at the time) for such detailed construction to be considered.
- To consider such a remote place at the time for a place of hiding speaks volumes as to its value and importance.
- The elaborate vault system was designed for safety, to allow long term protection and without a need for any guards to be continuously present.
- Many workers would have been needed to build the vault and the ingenious flooding tunnels. This project would have taken a many months to build. Logic suggests there would be records that support this history by workers unless they were all killed and buried after completion of construction.
- Before or after the project was completed, would not the workers have attempted to send letters to family members on the details of their employment by way of supply ships, if no censorship were present?
- If the workers were prisoners, for example, would they have perhaps buried stashes of information or clues about the project on the island for vindication and revenge?
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