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Thread: 28 Tons of Gold in New Mexico???

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  1. #1
    goldfinger04

    28 Tons of Gold in New Mexico???

    I am trying to find informaiton on a story about 28 tons of gold that was found in New Mexico or Mexico. It supposedly happend back in 1992.

    The family that found it had the last name of Dotson I beleive.

    Anyone ever hear of this?

    Del likes this.

  2. #2
    Charter Member
    us
    Mar 2003
    Northern Hemisphere
    3,307
    15 times
    Cache Hunting

    Re: 28 Tons of Gold in New Mexico???

    any idea where the gold came from or what form it was in

  3. #3
    goldfinger04

    Re: 28 Tons of Gold in New Mexico???

    Quote Originally Posted by Marc
    any idea where the gold came from or what form it was in
    I don't have much more information. I heard the the gold was confiscated by the Mexican government so it must have some Mexican origin. The finder then sued to get it released.

    That's about it.

  4. #4
    Charter Member
    us
    Mar 2003
    Northern Hemisphere
    3,307
    15 times
    Cache Hunting

    Re: 28 Tons of Gold in New Mexico???

    I don't see how something with such public (or governmental) involvement could have been kept so quiet. I'm sure I would have heard something about this, if the confiscation/lawsuit part were true - that's A LOT of gold.

  5. #5
    us
    Nov 2004
    Bounty Hunter Pioneer 505
    614
    3 times

    Re: 28 Tons of Gold in New Mexico???

    I thought that that was actually a mine claim that produced 28 tons of gold from a vein that was around a foot wide and six feet tall.
    BH 505
    4" Coil
    8" Coil
    10" Coil

  6. #6
    goldfinger04

    Re: 28 Tons of Gold in New Mexico???

    Quote Originally Posted by cedarratt
    I thought that that was actually a mine claim that produced 28 tons of gold from a vein that was around a foot wide and six feet tall.
    That could be. Do you know anyplace where there might be some details?

  7. #7

    Dec 2004
    147
    5 times

    Re: 28 Tons of Gold in New Mexico???

    You're a little confused on the facts. It is 17 tons and has not been found. I'm from Ma, and have been researching this cache long distance. I'm looking for someone from NM to partner up with. I can bring you up to speed. E-mail me for info.

  8. #8
    mbrolin

    Re: 28 Tons of Gold in New Mexico???

    Are you talking about the 17 tons of gold cacheed near the New Mexic mesa Bill Elliott used for a landing strip. This was a cache of four mexican business men speculating that gold would go sky rocket in the US because of the Gold Reserve Act, wich it did from 20.66 to 35.00, an increase of 14.34 per ounc. Being greedy they decide to wait even longer before selling the gold back as a profit hopeing to even make more. But the grace period to exchange gold to dollars expired under their noses, so it then became illegal to own gold. So they couldn't sell thier gold being unlawful owning it. Not much longer the men all died. So now there is no one left who knows where the gold is. The full story is in the December 1975 issue of Lost Treasure.

  9. #9
    us
    Nov 2004
    Bounty Hunter Pioneer 505
    614
    3 times

    Re: 28 Tons of Gold in New Mexico???

    I remember seeing that on Unsolved Mysterys now that I think of it.
    BH 505
    4" Coil
    8" Coil
    10" Coil

  10. #10

    Dec 2004
    147
    5 times

    Re: 28 Tons of Gold in New Mexico???

    Yeah, that's the cache I was referring to. I made some contacts with people in the area, long distance. The site of the landing strip is known to some. I'm trying to find that info out which will make me on par with everybody else. But, that's a start. I have the original 1968 story, which was later copied in that article.
    TrinityBigfoot likes this.

  11. #11
    mbrolin

    Re: 28 Tons of Gold in New Mexico???

    Well, good luck in finding where the air field was. By todays gold prices that cache of gold would be worth $236,748,800 on gold value alone. That would be nice, although the hassel you'd have to go through to sell it all would be immense. It would still be worth finding though.

  12. #12

    Dec 2004
    147
    5 times

    Re: 28 Tons of Gold in New Mexico???

    I have a plan for the sale, if I should ever be fortunate enough to use it.

  13. #13
    neverfindnothin

    Re: 28 Tons of Gold in New Mexico???

    i spent quite a bit of time with my radio shack detect. up in the NM mountains and never found nothin'

  14. #14
    us
    Jan 2005
    Idaho
    DFX
    25
    1 times

    Re: 28 Tons of Gold in New Mexico???

    Quote Originally Posted by mbrolin
    Well, good luck in finding where the air field was. By todays gold prices that cache of gold would be worth $236,748,800 on gold value alone. That would be nice, although the hassel you'd have to go through to sell it all would be immense. It would still be worth finding though.
    I think that is one problem I would be willing to undertake
    centralillinois likes this.

  15. #15

    Dec 2004
    147
    5 times

    Re: 28 Tons of Gold in New Mexico???

    Hey Neverfind,

    Does that mean you're from NM. You might be my man. Just continue to neverfind until I get there.

    GB

 

 
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