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Investor needed to back a dredging operation in Nome area.

KAFEMAN

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I am ex US Coast Guard and I have the expertise, the crew, and the drive to set up a offshore dredging operation. We are looking for someone with deep pockets who wants to be involved in something like this. I know people will say how hard this is but really it is not. It is a matter of going through all the steps required to make it happen and it will happen. What are we really doing? Dragging dirt off the bottom and sifting out the gold. The difficulty comes when morons and drunks try to do this. We won't have any of those. I will only have deadly serious people working with me.

If you are interested please PM me.

Thanks,
Mike Harvey "Kafeman"
US Coast Guard 1964 to 1972
Viet Nam Veteran
 
Upvote 0
How many years have you been dredging overall and how many in Nome?

Best of luck. :)
 
Remember all

as per TNet Rules
You may not... use the TreasureNet.com forums for any fundraising purposes.

TreasureNet - Rules

IMO Discussion will be allowed as long as nothing is set up on treasureNet.

When a decision is made to empty deep pockets,
Lawyers with large Bills should be involved !

Thank You !
 
Again, I missed the rule prohibiting my kind of post so I won't do it again. I do want to make it clear that I have NO intention of "emptying deep pockets" I used the term "deep pockets" because I do not want to involve someone who has limited resources. I am only looking for someone who has enough resources to be able to basicially use "throw away" money and won't be hurt if everything goes to heck in a handbasket. We all know about the risks involved. Even pros have to face weather challenges, equipment failures, etc. Thanks, Kafeman
Remember all

as per TNet Rules

TreasureNet - Rules

IMO Discussion will be allowed as long as nothing is set up on treasureNet.

When a decision is made to empty deep pockets,
Lawyers with large Bills should be involved !

Thank You !
 
Hi Neo,
Thanks for the question. Maybe you noticed the slap on the wrist below from the moderator so I think it would be best for me to answer your question with a PM. Thanks,
Kafeman
How many years have you been dredging overall and how many in Nome?

Best of luck. :)
 
:notworthy: IMO you are fine so far.

I see no problem with discussing your intentions.

Answering Questions etc. as you suggested We should all know about the risks involved
 
When will you be filming the TV show?
 
Hi Neo,

Thanks for your post.

I want to make it absolutely clear that I have NO experience dredging. However, my years on the water make me totally qualified to handle a project like this. Let me elaborate.

I was in the US Coast Guard for 8 years. I spent a year on board an 82ft cutter in Viet Nam working with the "Brown Water Navy". I also spent 3 years aboard a 95ft Search and Rescue cutter here in Fort Lauderdale Florida. I was both an underway and inport Officer of the Deck and Engineer. I am also a certified diver.

I spent a year working out of Galveston Texas running crew boats hauling crews and supplies out to the drill and production platforms.

I worked for Broward Seawall and Piling here in Fort Lauderdale operating their barge. This barge had a crawler crane on it with spuds on two corners. We had diesel power and I was responsible for maintenance and operation of the barge but not the crane. I had a crew of five and we would move in to a new location, the crane operator would drop the spuds, and we would proceed to break off the old seawall cap, drive pilings at an angle, form and pour a new cap. This job was very similar to but a whole lot more difficult than what they are doing with the barge that has the excavator on it. Those guys are just scratching up dirt from the bottom and dumping it through the processor. They are not building anything.

As to my time in Alaska, I spent a summer there aboard the USCGC Winona doing what we called a "Fishery Patrol". I was in Kodiak, Dutch Harbor, Adak, and most of the rest of the Aleutian Islands. I know the summer on the Bering Sea. I know how fast the weather can change and I know the signs that say bad stuff is coming.

As to my plan, I would only consider an operation using a barge like the Christina Rose with an excavator. To me, diving is way too dangerous and not nearly profitable enough.

As to the location, I would prefer Nome if a claim could be had. If not, I would think there must be other areas where this kind of operation would be allowed. I have a friend who was involved in an operation that never got off the ground due to the death of one of the principles who was the main driving force. No, he didn't die prospecting. My friend still has all of the records as to where they had planned to operate. These guys had millions available to them and I am sure they would have made big money.

Either way, you and I know dredging is not a new idea and with the gold prices, this can be a great way to go. All it takes is the capital and serious people who know how to go about it.

From what I have seen, the miners shown on TV are for the most part totally inept and dangerous. You would never catch me dragging myself out to the grounds with the excavator bucket because I had no propulsion. What Morons! Equipment needs maintenance. Simple. You have to know and watch the weather. Simple. You cannot do it on a shoestring. Simple.

I am 65 years old and I have a lifetime on the water. I joined the Coast Guard when I was 17. I am currently a Licensed Yacht Broker. I have never left the water and things marine. I have left out a ton of experiences I have but suffice to say, I can do this! Of course, we would need someone like you who knows the actual separation and clean out part but all in all, I believe beyond a shadow of a doubt that I could ramrod a deal like this. I would be hands on and actually run the barge. There would be NO drunks or dopers allowed! Period!

I mentioned in my original post I was looking for someone with "Deep Pockets", because I don't want to get someone involved who will be using their "Rent Money". I only want to do this if cash is not an issue. I am sure there is someone out there who would see this as not only a money making venture but also as an Adventure and a lot of fun.

If anyone out there sees some sense in what I am proposing, feel free to contact me.
Thanks,
Capt. Mike AKA Kafeman
 
LOL, no TV show. Well, maybe a show filmed on the beach later sipping drinks with unbrellas in them :-)
 
LOL, no TV show. Well, maybe a show filmed on the beach later sipping drinks with unbrellas in them :-)

Then you might not find gold.
because everybody knows you can't find anything without a television show and like 46 producers.
I know, I'm an expert on gold dredging because I have seen like 9 episodes of that show.
And I have a hat from the Discovery Channel.
Do YOU have a hat?

Yeah, didn't think so.
 
Critical Recovery said:
Then you might not find gold.
because everybody knows you can't find anything without a television show and like 46 producers.
I know, I'm an expert on gold dredging because I have seen like 9 episodes of that show.
And I have a hat from the Discovery Channel.
Do YOU have a hat?

Yeah, didn't think so.

My wife promised to make me a hat if I fond gold. :-)
Of course I will find gold. I watched every show twice
 
My wife promised to make me a hat if I fond gold. :-)
Of course I will find gold. I watched every show twice

Just messing with ya.
A sense of humor is key in a risk/reward nervous venture.
You'll do fine.

Fair skies and following seas.
 
Critical Recovery said:
Just messing with ya.
A sense of humor is key in a risk/reward nervous venture.
You'll do fine.

Fair skies and following seas.

thanx.
 
I can make a mean grilled cheese. Would that qualify me for this trip. That's all I got! Just think about it and get back to me! LOL.

Sounds interesting but personally I just like to keep it a hobby ... Good luck to u brother and be safe out there.
 
a mean grilled cheese can go a long way sometimes. Thanks.
mellowyellow said:
I can make a mean grilled cheese. Would that qualify me for this trip. That's all I got! Just think about it and get back to me! LOL.

Sounds interesting but personally I just like to keep it a hobby ... Good luck to u brother and be safe out there.
 
Sounds like you would do great up there, I like the idea with the excavator too as you can dig down past what people have already sucked off the surface.

There is gold to be found up there, it just needs strong/experienced men/woman and strong bank accounts.

If you cant locate investors for this season I would suggest giving it a shot on a smaller scare somewhere that you can still dredge/excavate.
 
Call pat Keene and have him build you a Neese. Massive 50-60 foot dredge with 2 excavators.. But cost around a half million. I just saw one in production at his shop, pretty impressive.
 
To get an investor first I'd think you have to have a solid plan, which would include a LOT of research, geological survey reports, knowledge of claims available. Test results from those claims. Contacts re acquiring a claim, the mining history of that claim and adjacent claims and after the claim is tested and acquired, then it's time for the investors. When I want gold I go to the creek outside.....and I guarantee I'll never get rich from it.
 
NeoTokyo said:
Sounds like you would do great up there, I like the idea with the excavator too as you can dig down past what people have already sucked off the surface.

There is gold to be found up there, it just needs strong/experienced men/woman and strong bank accounts.

If you cant locate investors for this season I would suggest giving it a shot on a smaller scare somewhere that you can still dredge/excavate.
This season or next doesn't matter to me. I won't do it on a smaller scale though because I don't want to be worrying about capital and using band aids and bailing wire to keep going. If I have to scrape by I would just as soon pass. I don't have to do this to make a living I just want to do it. Thanks for the input and encouragement.
 
mellowyellow said:
Call pat Keene and have him build you a Neese. Massive 50-60 foot dredge with 2 excavators.. But cost around a half million. I just saw one in production at his shop, pretty impressive.

Sounds good but maybe for the second season. Seriously though, I believe there is a line that must not be crossed when it comes to the size of the operation. One can easily burn up all the profit in fuel, food, parts, and crew. Right?
 

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