Jump to content

Salting (confidence trick)

From Wikipedia, the free encyclopedia
The printable version is no longer supported and may have rendering errors. Please update your browser bookmarks and please use the default browser print function instead.

In mineral exploration, salting is the process of adding a valuable metal, especially gold or silver, to a sample from a mine to change the value of the sample with intent to deceive potential buyers of the mine.[1] Examples are the diamond hoax of 1872 and the former Canadian gold company Bre-X. Salting is an example of a confidence trick.

See also

References

  1. ^ Siringo, Charles (1885). A Texas Cowboy, Or, Fifteen Years on the Hurricane Deck of a Spanish Pony. Pantianos Classics. pp. 19–21. ISBN 9781540575937.