Login    Forum    Search    FAQ

Board index » Gold Hog Prospecting Forum » Gold Science




Post new topic Reply to topic  [ 1 post ] 
Author Message
 Post Posted: Mon Dec 28, 2015 4:34 pm 
Offline
User avatar

Joined: Sun Mar 08, 2015 8:24 am
Posts: 169
Just pointing out major mistakes or stuff left out in the show.

This is a very good and honest video-
No food expenses here either.

https://www.youtube.com/watch?v=LWLzlef-75c

This is just a good honest video of costs vs passion/drama of Todd's crew only.
Passion will get you in serious debt very quick with gold mining.

Now advertising profits are left out- Unless those are seriously hefty profits-
Todd is in very very serious debt. Just thought this was a great video of reality.

Gold sales are left out too. Let's say they sell those Gold Rush concentrates at a fixed loss
of 50% to the buyers. He's still tremendously in debt and would still need to find 6k oz of gold.
Yeah that's right-6,000oz just to break even after all these seasons. Right now he needs 12k oz of gold to break even.
Now if they lost 50% of their gold out their wash plants that would be a major factor to take
into consideration. But we'll never know because they have never tested it. Do they test it now?
Never seen them do it-they probably never will.
What does Doc do nearly all the time-test his tailing.
Remember Parker tossing all that dirt away when his helper found 22,000.00 worth of gold
that gave him a profit of 12k. Just throwing away profits without testing. At least his helper was smart to test it!
One word for that error on Todd-
HogPan-okay maybe a truck load for testing. Where is it in this show? Where is testing in this show?
I know claim owners have drilled, but that won't tell you how much gold is right next to that drilling.
How do they pick out lands to mine-just what's available or the terrains history?
That's a really big piece of the puzzle for Todd.
Go back to the basics Todd.
There isn't enough testing on this show-and it shows at the bottom line profit/loss.

This doesn't mean that passion for gold mining isn't there at all.
In fact, that's about all that is there for Todd and praying/helmet tapping.

All I know, is I don't want to be a full time gold miner. Odds are very seriously against you.
I'll keep it a hobby as most of us here do.

Learn and practice the fundamentals. If Todd would do that-he might be much better at finding
gold.

I found more money/gold/jewelry on a beach in one weekend than what Todd did his entire first year, but that was a different kind of mining, but I did my research.

Until next year-


Top 
 Profile  
Reply with quote  
Display posts from previous:  Sort by  
 
Post new topic Reply to topic  [ 1 post ] 

Board index » Gold Hog Prospecting Forum » Gold Science


Who is online

Users browsing this forum: No registered users and 1 guest

 
 

 
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
cron