Gold rush

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Discussion

youngsyr

14,681 posts

191 months

Friday 22nd August 2014
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London424 said:
Does anyone know how much the workers are getting paid as i can't figure it out?

These guys are working for about 6 or so months and Fred mentioned he was 30 odd ounces over his break even. Does his break even include wages or is the 30 odd ounces divided up amongst everyone (meaning working for basically nothing)?
Depends from mine to mine I expect, Schnaber's crew were originally salaried, but they complained and he cut them in on a share of the gold. One of his crew sported a 5oz gold ring (with the words "Suck it"! written on it) at the end of season show, which was made out of the gold they mined, so I expect that was his share of the gold, plus a salary.

The Yukon/klondike season is less than 5 months, as far as I can tell. The Guyana season was 150 days to the break clause, so presumably could have been all year around.



v64paul

120 posts

220 months

Friday 22nd August 2014
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I still watch, but i prefer the earlier series. As an old plant fitter i appreciated James Harness's efforts against the odds to keep knackered old gear going, glass back and all. Dakota Fred seems quite handy with the spanners too. Obviously things are picking up now,Volvo gear everywhere you look on each mine site.

ch427

8,854 posts

232 months

Saturday 23rd August 2014
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v64paul said:
I still watch, but i prefer the earlier series. As an old plant fitter i appreciated James Harness's efforts against the odds to keep knackered old gear going, glass back and all. Dakota Fred seems quite handy with the spanners too. Obviously things are picking up now,Volvo gear everywhere you look on each mine site.
Quite like some of freds fixes with the metalwork.

London424

12,826 posts

174 months

Friday 29th August 2014
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What a great end to the series for Parker the face on his Granddad when he showed the season total was brilliant...and watching Tony Beets stroll in and show how it's done was also very impressive.

To think that with the 3 of them, a long way from the plant were able to run as much material as when they had the full crew was impressive!

Matt_N

8,900 posts

201 months

Friday 29th August 2014
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London424 said:
What a great end to the series for Parker the face on his Granddad when he showed the season total was brilliant...and watching Tony Beets stroll in and show how it's done was also very impressive.

To think that with the 3 of them, a long way from the plant were able to run as much material as when they had the full crew was impressive!
There's still one more ep to go, next week, when Parker goes back to Big Nugget.

But yes, a massive total, $1.4m of gold just on the table!

TEKNOPUG

18,842 posts

204 months

Friday 29th August 2014
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Matt_N said:
There's still one more ep to go, next week, when Parker goes back to Big Nugget.

But yes, a massive total, $1.4m of gold just on the table!
Wonder what the actual profit was though, once you take out all the running costs, machine hire, parts, fuel, salaries, percentage to team etc. You may find that it's an awful lot of work for not much return.

Matt_N

8,900 posts

201 months

Friday 29th August 2014
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IIRC Parker's break even point was around 800oz, he took in 1029oz, so $300k ish profit with his crew getting a share of the gold too.

p1doc

3,111 posts

183 months

Friday 29th August 2014
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caught the end of it-grandad looked well chuffed ,anyone else watching the new series about greenland mining for rubies/gold??
martin

Du1point8

21,604 posts

191 months

Friday 29th August 2014
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p1doc said:
caught the end of it-grandad looked well chuffed ,anyone else watching the new series about greenland mining for rubies/gold??
martin
Not bad the greenland one, but the people on it are so fked up...

P-Jay

10,550 posts

190 months

Monday 1st September 2014
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London424 said:
Does anyone know how much the workers are getting paid as i can't figure it out?

These guys are working for about 6 or so months and Fred mentioned he was 30 odd ounces over his break even. Does his break even include wages or is the 30 odd ounces divided up amongst everyone (meaning working for basically nothing)?
It might have been a plot device but I think Parker's crew must be on wages - they all had to leave at the end of the season to take up their winter jobs so they weren't gambling on making their fortune it seems.

Big Nugget guys all got a bonus, but as they only went a few grand over break-even I suspect it wasn't life changing.

As for the Hoffmans, originally in season one they were a collective of guys who were out on their ear from the recession - but it's evolved a lot - I suspect they're all paid TV money and the mining in inconsequential.

TEKNOPUG

18,842 posts

204 months

Monday 1st September 2014
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P-Jay said:
London424 said:
Does anyone know how much the workers are getting paid as i can't figure it out?

These guys are working for about 6 or so months and Fred mentioned he was 30 odd ounces over his break even. Does his break even include wages or is the 30 odd ounces divided up amongst everyone (meaning working for basically nothing)?
It might have been a plot device but I think Parker's crew must be on wages - they all had to leave at the end of the season to take up their winter jobs so they weren't gambling on making their fortune it seems.

Big Nugget guys all got a bonus, but as they only went a few grand over break-even I suspect it wasn't life changing.

As for the Hoffmans, originally in season one they were a collective of guys who were out on their ear from the recession - but it's evolved a lot - I suspect they're all paid TV money and the mining in inconsequential.
Parker had at least half a dozen crew come & go that weren't even shown. Basically he was hiring them for 8 hour days and then expecting them to work 12hours so he could reach his target. Hence why they all quit. Plus the remaining crew threatened to quit unless they got a cut. Then there is Tony Beets' 15% cut for the lease. Add in the 2nd wash plant hire plus the delivery costs, the new tracks for the dozer, the added expense of moving the dirt 3mile round trip rather than 500yards (they are burning about $6k a day in diesel). I'd be amazed if he made anything worthwhile if you took the TV money out of it too. The numbers look big but then think about how much money you could earn if you were prepared to work 12 hours a day for a 150 days straight....

p1doc

3,111 posts

183 months

Monday 1st September 2014
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Du1point8 said:
Not bad the greenland one, but the people on it are so fked up...
they are definitely characters lol,love how they spent 1/3 money on dredger that only 1 man can use.....
martin

youngsyr

14,681 posts

191 months

Monday 1st September 2014
quotequote all
TEKNOPUG said:
P-Jay said:
London424 said:
Does anyone know how much the workers are getting paid as i can't figure it out?

These guys are working for about 6 or so months and Fred mentioned he was 30 odd ounces over his break even. Does his break even include wages or is the 30 odd ounces divided up amongst everyone (meaning working for basically nothing)?
It might have been a plot device but I think Parker's crew must be on wages - they all had to leave at the end of the season to take up their winter jobs so they weren't gambling on making their fortune it seems.

Big Nugget guys all got a bonus, but as they only went a few grand over break-even I suspect it wasn't life changing.

As for the Hoffmans, originally in season one they were a collective of guys who were out on their ear from the recession - but it's evolved a lot - I suspect they're all paid TV money and the mining in inconsequential.
Parker had at least half a dozen crew come & go that weren't even shown. Basically he was hiring them for 8 hour days and then expecting them to work 12hours so he could reach his target. Hence why they all quit. Plus the remaining crew threatened to quit unless they got a cut. Then there is Tony Beets' 15% cut for the lease. Add in the 2nd wash plant hire plus the delivery costs, the new tracks for the dozer, the added expense of moving the dirt 3mile round trip rather than 500yards (they are burning about $6k a day in diesel). I'd be amazed if he made anything worthwhile if you took the TV money out of it too. The numbers look big but then think about how much money you could earn if you were prepared to work 12 hours a day for a 150 days straight....
The Hoffmans were even worse the year before - sure they pulled a lot of gold out of the ground, but there were dozens of them working there, plus they had a bespoke turbo trommel built (which was barely used) and had a huge amount of equipment there.

I suspect the TV money plays a big part in keeping the guys afloat.

TEKNOPUG

18,842 posts

204 months

Monday 1st September 2014
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youngsyr said:
The Hoffmans were even worse the year before - sure they pulled a lot of gold out of the ground, but there were dozens of them working there, plus they had a bespoke turbo trommel built (which was barely used) and had a huge amount of equipment there.

I suspect the TV money plays a big part in keeping the guys afloat.
Well if they go bust, there is no show. Also, who the hell is loaning the Hoffman's money? No wonder there is a toxic-debt crisis hehe Again, I suspect it's the TV company.

youngsyr

14,681 posts

191 months

Monday 1st September 2014
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TEKNOPUG said:
youngsyr said:
The Hoffmans were even worse the year before - sure they pulled a lot of gold out of the ground, but there were dozens of them working there, plus they had a bespoke turbo trommel built (which was barely used) and had a huge amount of equipment there.

I suspect the TV money plays a big part in keeping the guys afloat.
Well if they go bust, there is no show. Also, who the hell is loaning the Hoffman's money? No wonder there is a toxic-debt crisis hehe Again, I suspect it's the TV company.
I have no idea how, but Hoffman claimed in the behind the scenes show that he has no trouble raising money - he gets offers all the time. He said his trouble was finding decent claims to mine.

In the latest series he claimed to have $500k of his own money on the line.

Mcphisto

830 posts

134 months

Friday 5th September 2014
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Taken from Parker Schabels Facebook biglaugh

https://www.youtube.com/watch?v=3dp-OMFBOv8

Beati Dogu

8,861 posts

138 months

Friday 5th September 2014
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laugh That's brilliant.

Du1point8 said:
Not bad the greenland one, but the people on it are so fked up...
Yeah, what a bunch of butt hurt princesses they all are.

Kaj91

4,705 posts

120 months

Wednesday 7th January 2015
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New series started tonight, Dave Turin has finally left Todd Hoffman which should leave Hoffman literally up st creak.

youngsyr

14,681 posts

191 months

Wednesday 7th January 2015
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IT'S BACK!!!!!

Sorry for the over-enthusiasm, but this has somehow become my favourite TV programme despite its flaws.

Really looking forward to seeing how Parker gets on, I think Tony Beets has lost his mind over that dredge and seems set on continuing to grind Parker's balls and the Hoffmans are still playing at "mining" for comedic effect whilst losing his more experienced miners to decent crews, so it's all set up nicely.

Shame Fred and Dustin's crew aren't featured, anyone know why/what's happened to them?


Charlie1986

2,016 posts

134 months

Wednesday 7th January 2015
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When does it start?