Discussion
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.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.
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.
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.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.
Looks like its Tony with the big clean up.
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...
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...
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.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...
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.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...
Lizardking said:
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.
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.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...
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.
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.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...
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.
When you take the running costs and TV freebies into account, I doubt even Parker or Tony's operations are particularly profitable.
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.
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.
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.
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.
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!" lolikarl 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.
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