Gold rush

Author
Discussion

joe_90

4,206 posts

230 months

Sunday 4th December 2016
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rohrl said:
I really hope that Discovery aren't going to show Todd Hoffman sticking his dick through a hole in a toilet cubicle.
Dear heavenly farther, bless Todd with a glory hole that provides glory.


Also, a return to jack knowing gold is in that layer.....

chrisgtx

1,195 posts

209 months

Tuesday 6th December 2016
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Thoughts on tonight?
Todd still chasing the dream, must of cost a fortune moving all that dirt, next weeks preview looks like another circus of horrors for his crew again.
Todds doing well.
The thought of the amount of work tony has to do to move the bigger dredge boggles the mind.

316Mining

20,911 posts

246 months

Wednesday 7th December 2016
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chrisgtx said:
Thoughts on tonight?
Todd still chasing the dream, must of cost a fortune moving all that dirt, next weeks preview looks like another circus of horrors for his crew again.
Todds doing well.
The thought of the amount of work tony has to do to move the bigger dredge boggles the mind.
Todd is digging a very deep hole based on what evidence? I don't understand why he hasn't done some drill tests.


Someone hits a big clean up next week by look of the end credits, but I can't work out who as no one seems ready to wash pay at the moment.

Jordan210

4,503 posts

182 months

Wednesday 7th December 2016
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316Mining said:
Todd is digging a very deep hole based on what evidence? I don't understand why he hasn't done some drill tests.


Someone hits a big clean up next week by look of the end credits, but I can't work out who as no one seems ready to wash pay at the moment.
In early series all the miners did drill tests. But this seams to have stopped now for some reason. Now its just dig and hope.


Looks like its Tony with the big clean up.

rohrl

8,712 posts

144 months

Wednesday 7th December 2016
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316Mining said:
Someone hits a big clean up next week by look of the end credits, but I can't work out who as no one seems ready to wash pay at the moment.
Looked like the Beets to me, presumably from the dredge.

316Mining

20,911 posts

246 months

Wednesday 7th December 2016
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The guy that owns the cut that the Hoffman's are digging, seems to know the gold is real deep (100 FEET!). Is he bullstting because he just wants a deep lake dug on his property or did he know this already? Or is he just lying, where's the evidence????

Interesting method of persuading them to carry on digging - effectively just saying you'd be stupid to stop now. Whereas their probably stupid for carrying on...

trooperiziz

9,456 posts

251 months

Wednesday 7th December 2016
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316Mining said:
The guy that owns the cut that the Hoffman's are digging, seems to know the gold is real deep (100 FEET!). Is he bullstting because he just wants a deep lake dug on his property or did he know this already? Or is he just lying, where's the evidence????

Interesting method of persuading them to carry on digging - effectively just saying you'd be stupid to stop now. Whereas their probably stupid for carrying on...
As if the depth info wouldn't have been shared before this point! It's more and more about a TV narrative than following a few miners, as all these reality shows seem to end up. They all seem to miss the point about what makes the first few seasons enjoyable and add in loads of fake crap.

Lizardking

435 posts

198 months

Wednesday 7th December 2016
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316Mining said:
The guy that owns the cut that the Hoffman's are digging, seems to know the gold is real deep (100 FEET!). Is he bullstting because he just wants a deep lake dug on his property or did he know this already? Or is he just lying, where's the evidence????

Interesting method of persuading them to carry on digging - effectively just saying you'd be stupid to stop now. Whereas their probably stupid for carrying on...
Please Todd get one of these.

P-Jay

10,551 posts

190 months

Thursday 8th December 2016
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About the best thing about this week's show was the way the voice over guy sounded like he was saying "Pastry" when he was saying "Pay Streak.

"Todd's digging deep for the Pastry" I fking bet he is!

chrisgtx

1,195 posts

209 months

Thursday 8th December 2016
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Hw many times does Todd say 'we've got to get this/that/gold/pay or we are screwed' ?

P-Jay

10,551 posts

190 months

Thursday 8th December 2016
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Lizardking said:
Please Todd get one of these.
Very off topic, but about 10-15 years ago when I worked in Asset Finance a colleague of mine financed one of those (or something like it) for a staggering amount of money.

All ended in tears, the owner was greedy - he had a 24 month contract to operate it, but financed it over 8 years to increase his cash flow. When the 2 years was up he couldn't sell it or find another job for it, so he allegedly stamped some new serial numbers, spoofed up some invoices and refinanced it, when he worked out how easy it was to do, he did it again. Finally, he managed to find a buyer for it, in China I seem to recall, but by then his business was sort of Ponzi scheme and the proceeds wouldn't even come close to paying off all the finance and the company went under. He got away with it too, not that he saw it that way, at the liquidators meeting there were 6 banks all owed millions and he was blubbing about his business going under.


ViperDave

5,520 posts

252 months

Thursday 8th December 2016
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Lizardking said:
316Mining said:
The guy that owns the cut that the Hoffman's are digging, seems to know the gold is real deep (100 FEET!). Is he bullstting because he just wants a deep lake dug on his property or did he know this already? Or is he just lying, where's the evidence????

Interesting method of persuading them to carry on digging - effectively just saying you'd be stupid to stop now. Whereas their probably stupid for carrying on...
Please Todd get one of these.
I dare say if Dave told him that's what they needed or he was off, Todd would sit down with Dad to say a prayer and poof, one would appear.

They always knew the gold was deep, Funny how there is a new safety officer on the crew who just happens to have experience of deep pit mining.....

I'm just waiting for the claim owners of High Bar to fire up their wash plant and when they clean it out find all the Hoffmans gold in the nugget trap they never cleaned out.



youngsyr

14,742 posts

191 months

Thursday 8th December 2016
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ViperDave said:
Lizardking said:
316Mining said:
The guy that owns the cut that the Hoffman's are digging, seems to know the gold is real deep (100 FEET!). Is he bullstting because he just wants a deep lake dug on his property or did he know this already? Or is he just lying, where's the evidence????

Interesting method of persuading them to carry on digging - effectively just saying you'd be stupid to stop now. Whereas their probably stupid for carrying on...
Please Todd get one of these.
I dare say if Dave told him that's what they needed or he was off, Todd would sit down with Dad to say a prayer and poof, one would appear.

They always knew the gold was deep, Funny how there is a new safety officer on the crew who just happens to have experience of deep pit mining.....

I'm just waiting for the claim owners of High Bar to fire up their wash plant and when they clean it out find all the Hoffmans gold in the nugget trap they never cleaned out.

The mere existence of machines like that says it all - all of the rich pickings of gold have long since been mined and the chances of any of these guys hitting it big (or even making a profit in the Hoffman's case) are next to zero.

When you take the running costs and TV freebies into account, I doubt even Parker or Tony's operations are particularly profitable.

Sway

26,070 posts

193 months

Thursday 8th December 2016
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Ready to stand corrected, but the huge strip mining kit like the Bagger shown are used iirc for ore mining such as bauxite where you're shoving staggering quanitities through a blast furnace and getting out a thousand tons of aluminium a day.

Largest moving machines in the world, each bucket on that wheel would fit pretty much all the Gold Rush guy's plant with room left over. If used for gold mining, they'd need a hundred Monster Reds to process that much paydirt.


ikarl

3,730 posts

198 months

Thursday 8th December 2016
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pretty sure that Tony's dredge operation is profitable, did he not state previously that the running cost of the dredge per day was less than $200 (excl staff of course)

Easternlight

3,424 posts

143 months

Thursday 8th December 2016
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P-Jay said:
Stuff about a deluded miner
Have you got a contact number?
I'm sure the discovery channel would love that!
Or"Can't pay we'll take it away"
laugh

Targarama

14,635 posts

282 months

Thursday 8th December 2016
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I wish they would broadcast a bit more of what goes on, maybe even make it a longer series as a result. I'm sure there is a lot of behind-the-scenes activity. For example, dragging Tony's 'new' dredge out and getting it ready for floating down the river, Todds method of deciding where to dig (I've yet to see any test drilling result maps or whatever they are called).

I think Parker is doing a great job, and has a very good business mind. He is extracting a lot of gold with a team and costs much much smaller than Todd's team. Parker seems to have matured over the last year or so too. I was happy to see his new girlfriend getting stuck in too.

As for Tony, some of the problems he has caused by pulling people off the dredge/allowing all those trees to block up the dredge seem far fetched - he must know better with his experience. It was fun seeing them lower the tug and barge into the river though, just stick it in, no messing.

ikarl

3,730 posts

198 months

Thursday 8th December 2016
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Targarama said:
As for Tony, some of the problems he has caused by pulling people off the dredge/allowing all those trees to block up the dredge seem far fetched - he must know better with his experience. It was fun seeing them lower the tug and barge into the river though, just stick it in, no messing.
and blocking up the streets full of tourists "sucks to be them!" lol

316Mining

20,911 posts

246 months

Thursday 8th December 2016
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If Todd Hoffman was wandering around with some Gold Divining Rods I'd have more respect for him than what he actually does to find gold..... which seems to be just believing what any other claim owner says....

youngsyr

14,742 posts

191 months

Thursday 8th December 2016
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ikarl said:
pretty sure that Tony's dredge operation is profitable, did he not state previously that the running cost of the dredge per day was less than $200 (excl staff of course)
Well, that's the thing though - once you look at all the costs, things start to look a lot less profitable.

Not only do you have to add in the cost of the staff, but also the cost of the equipment, he spent $1.5m alone on the dredge (as per the narrator in the last episode), financing that even at a reasonable rate is going to be north of $100,000 per year. Plus you've got various pumps, excavators and bulldozers to move the thing around to add on to that.

Then you've got the cost of the claim itself, Tony must have either bought it outright (which would be a significant upfront cost) or be leasing it, again at a considerable cost.