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Thread: Thinking of prospecting for gold full-time, need serious advice

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  1. #46
    us
    Northern California

    Aug 2007
    Southern California
    XLT, GMT, 6000D Coinmaster
    3,986
    4452 times
    All Types Of Treasure Hunting
    Hi OreCart,
    Cancer Sucks!
    FYI - in Rhode Island there is a Doctor Damian E. Dupuy that works with Patients who have Cancer. IF A Person happens to have Cancer Tumors then he uses several devices to kill the tumor. One that I know of is made by MedWaves Inc. of San Diego CA, it uses MicroWave energy to kill the tumor in a few minutes. It is a one time procedure as the Tumor is DEAD when the patient leaves to do whatever they want to do. The MedWaves Device & Procedure have been on the market since late 2005 so they've a ton of actual procedure data to Prove it is a safe device. Now they are using the device/procedure on previously Inoperable Tumors, like Tumors on/in the: spine, eye, brain, etc. with good results

    Again just an FYI. Oh, keep on trying, keep on doing as without that frame of mind not much of any good is going to take place.

    Heck, my Chiropractor tells me that when he looks at the X-Rays of my spine he does not know how I do what I do (backpacking, prospecting, climbing, having any kind of a life) But I am still doing what I want to do and yes I must constantly kick myself in the backside for not doing what I KNOW IS GOOD FOR ME. At times (some might say most of the time) I can be a real jackass! I love it out in the mountains and along crystal clear rivers so I will just keep on trying!!!!!!.................63bkpkr
    Last edited by 63bkpkr; Feb 16, 2019 at 10:48 AM.
    Out searching w/GMT & friend under my arm

  2. #47
    us
    Jan 2016
    South of Gunnison, Gold Basin
    F2
    1,745
    1940 times
    Prospecting
    Prospecting for gold wont pay until you find a place worth mining. No one is going to sell a high paying claim that is affordable.
    Best thing you can do is prospect for your own claim for $155....then quit your job and mine it. Good luck!
    If you buy a mining claim you are only paying for someone elses prospecting.
    KevinInColorado likes this.

  3. #48
    us
    Apr 2014
    SW Oregon
    295
    532 times
    Prospecting
    Being able to see at night requires a Good High Quality LED AAA flashlight/headlamp (buy Petzel or Black Diamond $20 and up)

    AAA battery lights suck. I've bought over six of these headlights and have a dozen backup rechargeable batteries. I keep them all over the place and it's simple to toss a couple extra batteries in your pocket. Once you try them you will never go back............................

    https://www.ebay.com/itm/20000LM-Zoo...item48a7d145b8

  4. #49
    us
    Northern California

    Aug 2007
    Southern California
    XLT, GMT, 6000D Coinmaster
    3,986
    4452 times
    All Types Of Treasure Hunting
    mendo, that is an interesting looking headlamp for < $10.00! I used to think that the small penlight's using AAA batteries were worse than useless! Then my son showed up in camp with one of the new LED headlamps with its included circuitry and it lasted and lasted and lasted, etc. so I purchased one for myself, a Black Diamond Brand. I purchased that light in 2000 and I still use it though I'm no longer pleased with the battery box being at the back of the head

    As the newer models of BackPacking (and other end use's) became available the batteries were in with the light making them more user friendly and compact I've used other brands of head lamps but the Petzel and Black Diamond electronic circuits cause the batteries to last for Many Hours and in some of the ones a little above the $20.00 price I listed they have adjustable amounts of lighting so the batteries last even longer. Some offer white light as well as a Red led selection for map reading without spooking animals. Another option that some of the lamps offer is a Strobe setting which only nibbles at the battery energy and yet makes you Visible all Through the Night so the Rescue Team can find you quicker (True Story Here!!).

    All of these Head Mounted lights are worth investigating as they leave both hands free to attend to other chores while trying to perform tasks in the pitch black of night (from wiping your butt, reading a book while laying down to aiming your .454 Casull Revolver), check um all out!
    Last edited by 63bkpkr; Feb 17, 2019 at 09:04 AM.
    Out searching w/GMT & friend under my arm

  5. #50
    Charter Member
    us
    Roger

    Nov 2017
    Smith Mt. Lake Va.
    Teknetics Liberator Falcon MD-20 *********** Blue Bowl Angus MacKirk sluice Miller Table
    2,849
    9450 times
    All Types Of Treasure Hunting
    I would say if you want to make a living from prospecting.You have to go Big.Problem with going big is, Big expenses/overhead.Your young enough take a chance.Only I would do it in Alaska.Parker followed the dream & made it happen.best of luck.
    Season total so far...4,600 plus ozs.
    https://www.msn.com/ar-eg/news/north...old/vp-BBTi9Lx
    Last edited by RTR; Feb 17, 2019 at 09:41 AM.

  6. #51

    Mar 2016
    1,624
    2446 times
    All Types Of Treasure Hunting
    Quote Originally Posted by RTR View Post
    Parker followed the dream & made it happen.best of luck.
    Season total so far...4,600 plus ozs.
    https://www.msn.com/ar-eg/news/north...old/vp-BBTi9Lx
    I seriously think GR is a poor example of someone mining profitably.
    Maybe if you selectively pick and choose what you believe is actually real.
    They could be finding more or less.

    We ALL know the majority of reality TV is scripted acting.
    What makes you believe they would not rent gold and use it in the cleanup “scenes”??
    Just saying they provide absolutely no reason why anybody should believe any of it.

    I came to the conclusion that Todd Hoffman’s gold shown while he was mining in Oregon was all Alaskan gold. Same gold shown over and over poured on the scales.
    N-Lionberger likes this.
    All treasures found with permission on private property or on active mining claims.

  7. #52
    Charter Member
    us
    Roger

    Nov 2017
    Smith Mt. Lake Va.
    Teknetics Liberator Falcon MD-20 *********** Blue Bowl Angus MacKirk sluice Miller Table
    2,849
    9450 times
    All Types Of Treasure Hunting
    Quote Originally Posted by IMAUDIGGER View Post
    I seriously think GR is a poor example of someone mining profitably.
    Maybe if you selectively pick and choose what you believe is actually real.
    They could be finding more or less.

    We ALL know the majority of reality TV is scripted acting.
    What makes you believe they would not rent gold and use it in the cleanup “scenes”??
    Just saying they provide absolutely no reason why anybody should believe any of it.

    I came to the conclusion that Todd Hoffman’s gold shown while he was mining in Oregon was all Alaskan gold. Same gold shown over and over poured on the scales.
    Think what you want.Age-24 NET worth -8 Million ! https://thewealthcircle.com/parker-schnabel-net-worth/

  8. #53
    us
    May 2009
    Sailor Flat, Ca.
    SDC2300, Gold Bug 2 Burlap, fish oil, ACME handbook for TRUE prospectors (unread)
    5,330
    11614 times
    All Types Of Treasure Hunting
    Banner Finds (1)
    Quote Originally Posted by RTR View Post
    Think what you want.Age-24 NET worth -8 Million ! https://thewealthcircle.com/parker-schnabel-net-worth/

    you should look a little deeper. into that.

    His worth was created by being talent for the show.

    He has not profitted that much from mining.

    People watch the show and actually go off of the gross total production.

    When any of them actually start giving their "cash cost" to produce an ounce.

    You can have a realistic number.

    Theres a reason that number isn't included in the show.


    Todd was throwing huge numbers around.. And they were on reworked ground that had zero reporting that it could come near the numbers given.
    Last edited by Goldwasher; Feb 18, 2019 at 07:04 PM.
    Clay Diggins and et1955 like this.

  9. #54
    Charter Member
    us
    Roger

    Nov 2017
    Smith Mt. Lake Va.
    Teknetics Liberator Falcon MD-20 *********** Blue Bowl Angus MacKirk sluice Miller Table
    2,849
    9450 times
    All Types Of Treasure Hunting
    Quote Originally Posted by Goldwasher View Post
    you should look a little deeper. into that.

    His worth was created by being talen for the show.

    He has not profitted that much from mining.

    People watch the show and actually go off of the gross total production.

    When any of them actually start giving their "cash cost" to produce an ounce.

    You can have a realistic number.

    Theres a reason that number isn't included in the show.


    Todd was throwing huge numbers around.. And they were on reworked ground that had zero reporting that it could come near the numbers given.
    I have looked deeper https://www.maxim.com/maxim-man/park...-trails-2017-3
    And Parker gets paid 25K per show....Do the math
    Last edited by RTR; Feb 18, 2019 at 03:31 PM.

  10. #55

    Mar 2016
    1,624
    2446 times
    All Types Of Treasure Hunting
    Quote Originally Posted by RTR View Post
    I have looked deeper https://www.maxim.com/maxim-man/park...-trails-2017-3
    And Parker gets paid 25K per show....Do the math
    How many millions of dollars of equipment do you think are running around on that operation?

    Not saying none of its real. But the gold they were pouring on the scale at the Oregon mine was not found in that ground. I know that much for sure.

    The guys on pawn stars are also all millionaires.

    Inherited a turn key gold mine including equipment and made $4 mil letting someone film him work and attempt to act.
    Last edited by IMAUDIGGER; Feb 18, 2019 at 06:33 PM.
    All treasures found with permission on private property or on active mining claims.

  11. #56
    Charter Member
    us
    Nov 2010
    The Great Southwest
    3,467
    10064 times
    Prospecting
    Quote Originally Posted by RTR View Post
    I have looked deeper https://www.maxim.com/maxim-man/park...-trails-2017-3
    And Parker gets paid 25K per show....Do the math
    Parker has appeared in 188 episodes. That's 4.7 million dollars in pay.

    On Gold Rush he has "mined" $13 million dollars in gold.

    His net worth is estimated at $2 million.

    $13 million (gold) + 4.7 million (actors pay) = $17.7 million gross.

    Miner's math: Parker's gross income during the show $17.7 million. His current net worth $2 million. Parker spent $2.7 million dollars more mining gold during that period than he produced in gold mined. He lost money on the mining operation. If he had just been mining he would have gone out of business years ago.

    Wanna bet a lot of his $2 million "net worth" is tied up in equipment and leases?

    Heavy Pans

  12. #57
    us
    Aug 2014
    SoCal
    SDC2300, Whippet, 151, GH, shovel, brain
    245
    393 times
    Prospecting
    With my 2019 total currently sitting at 2.7 grams, I'm doing better than Parker in terms of gold mining profit. Time to go pro!



    EDIT: Had to replace a cross-threaded drain cap on my WX15 this week. That took a nearly 10% bite out of my bottom line :/
    Last edited by Hamfist; Feb 18, 2019 at 08:02 PM.

  13. #58
    us
    May 2009
    Sailor Flat, Ca.
    SDC2300, Gold Bug 2 Burlap, fish oil, ACME handbook for TRUE prospectors (unread)
    5,330
    11614 times
    All Types Of Treasure Hunting
    Banner Finds (1)
    Quote Originally Posted by Clay Diggins View Post
    Parker has appeared in 188 episodes. That's 4.7 million dollars in pay.

    On Gold Rush he has "mined" $13 million dollars in gold.

    His net worth is estimated at $2 million.

    $13 million (gold) + 4.7 million (actors pay) = $17.7 million gross.

    Miner's math: Parker's gross income during the show $17.7 million. His current net worth $2 million. Parker spent $2.7 million dollars more mining gold during that period than he produced in gold mined. He lost money on the mining operation. If he had just been mining he would have gone out of business years ago.

    Wanna bet a lot of his $2 million "net worth" is tied up in equipment and leases?

    Heavy Pans
    Bummer is if he would have quit after season two. ( mining for tv producers)

    He would probably be doing ok as far as the average miner goes. With that much gear and the fact that he had been around a placer operation for a while.
    Last edited by Goldwasher; Feb 18, 2019 at 10:28 PM. Reason: mind faster than fingers
    et1955, Clay Diggins and Nitric like this.

  14. #59
    us
    WP

    Mar 2014
    Dallas,GA
    CZ6A
    4,684
    6046 times
    All Types Of Treasure Hunting
    I have no experience mining. All I know about it is what I've read in these threads. But ....I do know about taking chances. I've had it and lost it a few times in life(so far). You don't get any "do overs". If this is your dream? Go for it. That might be the worst advice in the world. I have failed at many brain fart ideas.. I wouldn't change it. At this point in life I have others that depend on me and couldn't just pack it up and hitch hike or hop a train to a gold area.

    I'm a believer in you only live once, go for it!! The worst that could happen is that you have to start over again and go back to work...no big deal.. It's better than sitting wondering if it could have worked. I'd rather fail than wonder. That does change with kids...So, I can't do these types of gambles the same way anymore. haha

    added...You could also document your adventure in a journal or youtube...Then possibly sell your story or gain a following with them funding part of it for the entertainment...I'm watching people do that everyday and making a living at it, some are making a real good living in any category.... Then they are able to pay for or supplement their hobby and lifestyle. People love to watch others take chances on what they only dream about. Get a big enough following and then people will sponsor it if your entertaining to watch. But the video's have to be somewhat upbeat and likeable. Two examples ...One is likeable happy, upbeat and he makes about 12 grand a month, another can't control his language is kind of depressing to watch and makes $0 and can't figure out why.
    Last edited by Nitric; Feb 19, 2019 at 01:54 AM.

  15. #60
    us
    Jan 2019
    Maine
    446
    397 times
    Prospecting
    Maybe we will all get a chance at Miner-Acting.

    I saw that once, a producer came onto Forestry Forum and posed the question on who wanted to be in a future logging show. There was jokes and whatnot, but the Pelletier's from Maine saw the post and agreed to it, and ultimately got paid for doing the show...around $70,000 an episode.

    They however were doing well; they move about 5000 cord of wood per week, show or no show.
    Nitric likes this.

 

 
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