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About canadiangold

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    Copper Member

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  1. The Canadian economy is resource based, namely oil. With the decline in the price of oil, Canadian government revenues have fallen off significantly. To the point that the country is verging on recession. Hence the gold sell off in order to generate revenues. Here's an article on job losses in the Canadian energy sector... http://calgaryherald.com/business/energy/ewart-oil-industry-expects-more-job-cuts-in-2016 Here's an article on Canada verging on recession.... http://money.cnn.com/2015/08/04/news/economy/canada-on-verge-of-recession-oil/ Rob
  2. Here's an interesting article/excerpt from a speech that Warren Buffet gave on gold as an investment. Warren Buffett Quote: "(It) gets dug out of the ground in Africa or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head." Here is a link to the whole article.... http://www.usatoday.com/story/money/2014/09/21/why-warren-buffett-hates-gold/15909821/
  3. A few questions on the SDC 2300.... Understanding the benefit that it is collapsable and waterproof...... Is it more sensitive than a GPX 5000 with an 8" commander or nugget finder 8 x 6 coil? Are the electronics/technology in the machine..."next generation" beyond the GPX 5000 or is the detection technology the same as currently in the GPX 5000? I find nuggets that are sub .05 of a gram with my GPX 5000 with the above mentioned coils. Currently you can buy a brand new GPX 5000 for $4000.00 from most Minelab dealers by just making a call to them. This is just nominally over the retail list price of the SDC 2300 (which I'm sure is also negotiable over the phone and a negotiated price will only decline as the novelty wears off). So I believe that an individual in the market for the first time for a Minelab PI is better off purchasing a GPX 5000.
  4. Found in the Dale district……located with a GPX 5000 in a rock cairn….old tin with 1937 claim papers.
  5. Here's one……is it a fish?….or a christmas tree?
  6. Keep at it.....it's such a surprise to see a piece of gold in your scoop when you are expecting another hunka trash. The first one is special.....and the feeling of findin' gold never gets old!
  7. Beautiful finds........it aint over 'til the fat lady sings. Never give up!
  8. What I enjoy is that each one I dig up......the anticipation and excitement......is just like finding the first one!
  9. Good idea Fred......I just had to replace mine. $123.00 !!
  10. Nice lookin' gold! Raking can be hard work.....but the hard work pays off!
  11. Apple has a good gps/maps app called Ihikegps.....$7.99
  12. New to the forum and excited to be able to share and communicate with the world of prospectors out there. Grew up in Canada looking for gold as a young boy in British Columbia. Live in Los Angeles now. Spent this past weekend on an outing with the Prospectors Club of Southern California on the Blackjack Claim out by 29 Palms. Found some nice gold drywashing. Happy hunting! Canadian Gold
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