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ROCKS, MINERALS and FOSSILS

Rockhounds information pages with subjects related to geology and mineral ID
 


Rock and Mineral Forum Guidelines

There are just a few rules here and yup I do enforce them and keep an eye on things as best I can. Here are a few guidelines I'd like you to follow if you will be participating here. This forum is not moderated as heavily as the other sections so please do not enter or open a topic if you think you will be offended. If you are at least respond like an adult or we will remove your post as soon as brought to our attention.

Vulgar and abusive language is not welcome here! Heck a cuss word to get a point across is not so bad, but I think you know what I mean.

I will not host public arguments and pissing matches between individuals here so please just don't do it. When it happens the post most times will simply vanish into cyber space.

Political or Religious posts belong in "Off Topic" but surly you can find other forums that host those discussions if it is your thing, I don't think anyone cares if you are Conservative or Liberal when we are out hunting gold nuggets.

You may not use this forum to advertise any other dealer, store, or product without written permission by owner at any time. Used items are allowed in the classified section.

This forum is not responsible for anything said by it's members at any time. This is a public forum and will remain so and although I can and will occasionally zap "bad content" I don't do it often and so far have never permanently banned a person. Also opinions expressed here do not always represent the opinion of the forum's owner!

Guests are welcome to browse the forum and use the information provided by registered members, but you can not post yourself until you are a registered member.

That is pretty much it my fellow Nugget Shooters so enjoy the forum, keep it clean and play nice.


  • Posts

    • In order to get the desired results, everything has to be EXTREMELY precise. With such  large specimens and the small amount of gold, it may not be possible.. 
    • http://repository.azgs.az.gov/sites/default/files/dlio/files/2010/u11/Bull_168_Gold_Placers_OCR.pdfp0011  https://www.azgs.arizona.edu/minerals/gold-prospecting-arizona
    • As an investor I evaluate mainly on 4 points prior to invest in a company 1-The properties company already carries. 2- What will be the value of share when selling or standby 3- How many time the income will be multiply 4- Value for the share/investment for turnover Instead to look over only management capability for a long lasting output, The important is to invest in a company which have huge assets than my investment. A company have always management arrangements for best managements for success of a company but the most important is the company properties as without adequate company assets it very rare to  get good return on investments In my opinion The most considerable is point 3 & 4 Assets of Abcourt: They got a loan of 6.5 M$ recently for the equipment  However if we look on the assets they  have already in their hands these are estimated 80 M $.They have adequate equipment  for 2 mines , A complete mill and all the necessary equipment to resume a third mine that was a value of 7M$ If we compare the market value of all of their assets it is big amount  of 80M $ if anyway they want to sold of all these assets.Curruntly  Abcourt  have a market capital of 40 M $ , So in my estimate the value is double than I am giving right now! The marketing value & the standby value is occasionally interested specially if someone is interested to purchase our assets. So in this case to create a 750 TPD mill at present as we have one Sleeping giant would cost 100 million range and if upgrade elder mine  as Head & Sleeping giant it would cost  a 40 M $ each, To purchase a potential land as Flordin & Discovery it would need a few  million dollars .To obtain previous Silver /Zinc mine as Barvaue with full equipment and somebody can simply pay 20 to 40 M$, Therefore I can say that all the way  the market value of Abcourt is 200M $ range and it is 5 time more than the present market value. Upon view at income I want to value 5-10 times income because that's what traditional money can be for a productive asset. This type of return can be based on income from any type of business with good margins.  
    • It looks like 20 kg. of quartz to me. You calculate the amount of gold in quartz with a specific gravity test. Take one of those specimens and do an SG. That will give a prospective buyer an idea of how much gold might be in the rock.  It honestly does not look like gold in the photos. If it is gold and you are truly getting beads from it then it is worth something. How much exactly will depend on a specific gravity calculation that will determine the amount of gold in each rock. Lots of people buy gold. Not many buy ore like that for display. Most of the people here are not too interested in buying ore. They are more interested in finding it. But if you can quantify the amount of gold you have then it will be much easier for a buyer to estimate what it is actually worth.
    • Must be the quality of the pics.  I expect gold to be shiny and gold looking.  Even the picture in your last post of the panned gold does not look like gold. You're the one doing all the work and crushing and smelting.  It’s a shame the pictures do not reflect all that work you put in. Is the gold you melted pass a continuity check with a multimeter?
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