momma
starting to spend too much on rocks
YUMMY
Member since December 2004
Posts: 183
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Post by momma on Jul 4, 2005 22:00:59 GMT -5
Hey yall. We found the gold I think. We worked for 1hour and found 1ounce. Know, Does anyone know where I can sell it. Is that good to only work for one hour. Any ideas would be much appreciated.
Thanks all
momma
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Duckbean
fully equipped rock polisher
Looking for rocks in all the wrong places
Member since February 2005
Posts: 1,072
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Post by Duckbean on Jul 4, 2005 22:31:02 GMT -5
That sounds like a pretty good strike, don't know how pure it is but an oz. an hour sounds like a very nice amount!
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Post by Cher on Jul 4, 2005 22:45:12 GMT -5
WTG Momma! I got to go panning gold once when I was in Colorado, I had the greatest time.
Cher
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Post by docone31 on Jul 4, 2005 22:54:33 GMT -5
Momma, If you take the dust, and flour, and melt it over a 2 X 4, or 2 X 6, and when it makes a ball, sprinkle some borax over it, you can bring it to a jeweler, or pawn shop and most will purchase it. They will test the karat weight and price accordingly. If it becomes a regular thing, a refiner will purchase it. You might have to get a tax ID# for a regular business stream.
Ishor, Byron Tobak, Rio Grande, Stullers, will purchase scrap gold.
If it were me, I would melt it into a chunk, measure it, and bring it up to 14K. Raw gold is usually 22kt. 14K is 53% 24K.
I only purchase sheet, wire, and sizing stock in new alloy or I might jump on it myself. Sounds like a good find. That is about 350$ and hr. Not too bad.
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chassroc
Cave Dweller 
Rocks are abundant when you have rocktumblinghobby pals
Member since January 2005
Posts: 3,586
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Post by chassroc on Jul 5, 2005 9:33:07 GMT -5
What great fun...hope you find many many more
csroc
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stefan
Cave Dweller
Member since January 2005
Posts: 14,113
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Post by stefan on Jul 5, 2005 12:10:56 GMT -5
Pix if you could? Congrates on "striking it rich"
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