Gold is at 1808 plus per troy ounce

[et1955]

That equates to just 58$ per gram, maybe time to rethink working my job or go mining. I get 35$ per hour where I work but when I mine I average a gram an hour here in Washington state but on my claims in N. California I average 4 grams an hour and that is just sluicing or panning. What would you do ?

 

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[Asmbandits]

That equates to just 58$ per gram, maybe time to rethink working my job or go mining. I get 35$ per hour where I work but when I mine I average a gram an hour here in Washington state but on my claims in N. California I average 4 grams an hour and that is just sluicing or panning. What would you do ?

If you're averaging 4 grams an hour that's dang good, I'd be wherever that is right now..

 

[russau]

What about a long vacation and then decide what to do ? BUT $35. per hr. plus benefits , vacation and that $35. comes all year long , rain ,snow , ETC......... your gold streak may peter out at some point !

 

[Goodyguy]

Russ is right! Do both. Mining does not pay into SS benefits or unemployment insurance, or pay year round. but it can be tax free (shhh)
$35 an hour jobs are hard to come by. You can always go mining during your off time and add that $58 an hour to your steady income while the pay streak lasts and the sun shines.


GG~

 

[ratled]

I remember when I couldn't wait for gold to hit $481 ozt.....

 

[IMAUDIGGER]

Your $35/hr job may actually be closer to $60/hr if you have decent benefits. Personally I’d try and take off 2 days and do a 4 day weekend on the claim every once in awhile. 60 grains an hour average panning is really good in my opinion.

Saw a red fox run across the road by the gate on the road to your claim last time I drove by. Probably heading down to look for mice at the cabin.

 

[Tahoegold]

Man, a lot of us want a claim that produces 4 grams an hr. Heck, some of us are HAPPY with 4 grams for the day. But, you cant go work it due to a great $35hr job. That deffinatly makes the choice difficult. I'd have to agree with staying at the day job. But, I'd be dreaming of being on the claim all day. That to me is the definition of torture.... Sell the claim to me and end this madness!

 

[bug]

Gold is spotty, inconsistent, doesn't always follow the "rules" and good streaks ALWAYS run out at some point.

 

[Clad2Silver]

If it were me I'd follow the advice of those who say "Don't quit your day job"

 

[ARC]

What would I do if I were you ? ? ?

I wouldn't quit your day job. heh

 

[ARC]

What would I do if I were you ? ? ?

I wouldn't quit your day job. heh

sheesh I just read that I was not the only response that stemmed from reality.

Work weeks... mine weekends... have fun

 

[IMAUDIGGER]

If you really feel seriously conflicted...find a job in that nice little town you drive through when you leave the valley heading for your claim...sell your house...quit your job...buy a new house...then mine every weekend AND work a full time job. That would be a dream wouldn't it? Entirely possible probably.

Be 40 minute drive from your house to the claim.

 

[russau]

If you really feel seriously conflicted...find a job in that nice little town you drive through when you leave the valley heading for your claim...sell your house...quit your job...buy a new house...then mine every weekend AND work a full time job. That would be a dream wouldn't it? Entirely possible probably.

Be 40 minute drive from your house to the claim.

AND you might just hire some kids to do the work for you! Let them gather the material and you go get the raw material and process it on weekends! BEST of both worlds!

 

[Goodyguy]

Wish I lived close by. Since I am retired I could work the claim full time and give you a 50/50 split which would get you to $64 an hour.

 

[OwenT]

Ed, do you mean you get 1 g/hr at RR? Last time I was there I panned for a solid hour or hour and a half and got .01 g

 

[et1955]

Last time I was there I got 6grams , remember I have been going there since 1995 during the big flood. That flood changed the way I though were the gold was and thus my journey into working the high benches. My suggestion to you is the next time you are there picture the river being about 18 to 20ft high and work the ground from that level and up, you know that big monster rock in the river, I start perpendicular to it. I know that area is over grown so be prepared to clear some brush, there is still virgin ground there.

 

[OwenT]

Yea that brush above the normal flood mark is really nasty. I hadn’t even considered going that high.

 

[et1955]

That is were it is, it wasn't there after the big flood but threw the years it grew back, the higher you go the more ancient the deposit is. As you know there is a ledge up there and even more powerful floods created that and there is gold in that bench to.

 

[OwenT]

Yea that brush above the normal flood mark is really nasty. I hadn’t even considered going that high.

 

[metrotec]

Take a leave, if you can hold your job. Married? children? live off the grid, RV or Outfitters tent. Just you, you have it made, if not can be a lot to contend with. When I was in the RV business in Wyoming, I had 2 couples stop in the early Spring, from New Orleans. They had a claim in Idaho, this was their second year.They told me they planned to get over 1 Mi$$ion this year, and it was 1978. Go figure, price of gold. I was very interested and we talked for over an hour. I had $$$ and youth at the time, and was thinking about buying in and furnish some muscle and equipment. They were driving hydraulic trucks, wives were in 4x4's pulling campers.
Would've, should've,could've. BUT at the time I was knocking out a lotta $$. Looking back, MAYBE, I might have made my first Mi$$ion sooner.
I'm where I am because of the choices I've made. ****the fork in the road, pave it , put in utilities and build a sub-division. Put it on paper and weigh the +- for 5 years
Oh yea, they stopped by the following year as I asked them to do, and yes they were Mi$$ionaires. Way to go kids. I say kids, they looked to be in their late 20's.