Braddock
Agitator
+916|6712|Éire
Prospectors strike gold near Clontibert

"Prospectors have discovered what they believe to be the biggest ever untapped gold mine in Britain or Ireland outside a small village, it was announced today. With the price of the precious metal surging in the present economic uncertainties, the exploration company says the deposits could be worth as much as €570m. Conroy Diamonds and Gold, the company behind the discovery, has issued a formal announcement to the London Stock Exchange that the area outside Clontibret, Co Monaghan, has more than one million ounces of gold. Company chairman Professor Richard Conroy said: “There’s never been a gold mine anywhere near this size in Ireland and the UK”. The declaration is expected to attract interest from major international players in the gold mining industry and raise hopes in the historically deprived border region of a modern-day gold rush that could restore its fortunes."

Our economic problems are over...Nationalise it quick!
HurricaИe
Banned
+877|6383|Washington DC
I'm getting myself a plane ticket

shit, with that money I could probably buy the whole airline

Last edited by HurricaИe (2008-07-01 10:58:25)

SEREVENT
MASSIVE G STAR
+605|6529|Birmingham, UK
z0mG nice find!
Parker
isteal
+1,452|6816|The Gem Saloon

Braddock wrote:

Our economic problems are over...Nationalise it quick!
depending on who gets involved, it might do more worse than good.
Braddock
Agitator
+916|6712|Éire
I'm only a couple of hours drive from there. Where's my hard-hat and torch!?
..teddy..jimmy
Member
+1,393|7071
Saweeeet.. I have 2000 pounds invested in gold stocks
naightknifar
Served and Out
+642|6983|Southampton, UK

..teddy..jimmy wrote:

Saweeeet.. I have 2000 pounds invested in gold stocks
Oh shi-

Yeah Teddy! Nice one.
SEREVENT
MASSIVE G STAR
+605|6529|Birmingham, UK

..teddy..jimmy wrote:

Saweeeet.. I have 2000 pounds invested in gold stocks
hai
Mekstizzle
WALKER
+3,611|7043|London, England

..teddy..jimmy wrote:

Saweeeet.. I have 2000 pounds invested in gold stocks
Wouldn't a big find like this, drive prices down?

I'm just using my basic knowledge of supply/demand here, I don't really know what I'm talking about.
Parker
isteal
+1,452|6816|The Gem Saloon

Mek-Stizzle wrote:

..teddy..jimmy wrote:

Saweeeet.. I have 2000 pounds invested in gold stocks
Wouldn't a big find like this, drive prices down?

I'm just using my basic knowledge of supply/demand here, I don't really know what I'm talking about.
normally that would be the case, but gems and precious metals are in limited numbers....always. limited to what the earth can produce.

what you are referring too can happen, but it would take A LOT more than what is in this find.
..teddy..jimmy
Member
+1,393|7071

Mek-Stizzle wrote:

..teddy..jimmy wrote:

Saweeeet.. I have 2000 pounds invested in gold stocks
Wouldn't a big find like this, drive prices down?

I'm just using my basic knowledge of supply/demand here, I don't really know what I'm talking about.
That would usually be the case but gold is still rare..

Take oil as an example..new supplies and reserves are constantly being found but prices on oil stocks remain high

Same concept
SEREVENT
MASSIVE G STAR
+605|6529|Birmingham, UK
Apparantly there is billions of pounds worth of gold. Just under the sea where no one could possibly get it.
..teddy..jimmy
Member
+1,393|7071
What you can't see you can't touch...
HurricaИe
Banned
+877|6383|Washington DC

..teddy..jimmy wrote:

What you can't see you can't touch...
tell that to a blind man
Switch
Knee Deep In Clunge
+489|6885|Tyne & Wear, England
Was there perchance a rainbow and a Leprachaun sitting atop this hill?
Somewhere, something incredible is waiting to be known.
CaptainSpaulding71
Member
+119|6778|CA, USA
https://explosivedonut.com/wp-content/uploads/CerealUpdate_8065/image03.png

wait...is that...Cam?

j/k

Last edited by CaptainSpaulding71 (2008-07-01 11:59:21)

M.O.A.B
'Light 'em up!'
+1,220|6644|Escea

Man where's a clip of Haggard yelling that when you need him?
m3thod
All kiiiiiiiiinds of gainz
+2,197|7093|UK
ATG is a gold miner sorta.  he does that swishing water in a pan to collect gold.  I seen it.
Blackbelts are just whitebelts who have never quit.
DesertFox-
The very model of a modern major general
+796|7106|United States of America

HurricaИe wrote:

I'm getting myself a plane ticket

shit, with that money I could probably buy the whole airline
I guess we could fly to Belfast and then steal some right hand drive cars to drive down to Clontibret.

Damn, the prices for hotels in Monaghan are highway robbery! We'll have to set up our own mining camp and create a boomtown.
Braddock
Agitator
+916|6712|Éire

DesertFox- wrote:

HurricaИe wrote:

I'm getting myself a plane ticket

shit, with that money I could probably buy the whole airline
I guess we could fly to Belfast and then steal some right hand drive cars to drive down to Clontibret.

Damn, the prices for hotels in Monaghan are highway robbery! We'll have to set up our own mining camp and create a boomtown.
My old neighbour up home in Donegal made his fortune in the Klondyke back in the day. He even wrote a book about his tales!
CaptainSpaulding71
Member
+119|6778|CA, USA
i live about 30mins from Coloma where gold was first discovered in CA and what triggered the 'gold rush' of 1849.  that's why they call us the 49'ers.  there's a state park in coloma where you can buy a pan and sit in the riverbed and swish the silt around with some water to maybe get a fingernail size of gold if you are extremely lucky.  enterprising people build sluices that are simply a box with a filter at one end that sits in the river.  this allows the river to do the work - you just have to collect the stuff in the filter.  pretty much the river there has been picked clean.  it's a nice day trip to bum around and learn about stuff though - especially when it's 110F outside and the river is 60F - nice to cool off. 

additionally there are some mines nearby where you can take an audio tour that shows how they do the operation.  back in the day, they simply dug into the side of the hill and found deposits of quartz.  then, they would make a 'drift' and follow the vein of gold in the quartz by digging/blasting.  The quartz would be collected and sent to a local stamp mill.  the stamp mill consisted of several 1 ton pistons that would be driven by a water powered shaft.  the pistons would be used to pulverize the quartz.  then water and mercury would be used to reclaim the gold.  yes, mercury.  these people doing the reclaiming had some major health problems i'm sure.  anyway, once they did that, they'd melt the gold down to bars and transport it to sacramento to the assay office where they'd weigh it and pay cash for the money.

it was a hard life for these people since you'd work all day for maybe like few cents of gold.  you had to buy the equipment to do it also and there were rackets for this.  they even leased equipment to you so you were a slave to your payments.  the big operations used hydraulic mining where they would hook up a series of smaller and smaller pipes in the river and then direct a nozzle at one end (at high pressure) to essentially erode entire hillsides to wash away the dirt and expose the quartz deposits.  it was a different time.

</history_lesson>
ATG
Banned
+5,233|6951|Global Command

m3thod wrote:

ATG is a gold miner sorta.  he does that swishing water in a pan to collect gold.  I seen it.
yabut hard rock deposits beat out placers any day.
CaptainSpaulding71
Member
+119|6778|CA, USA

ATG wrote:

m3thod wrote:

ATG is a gold miner sorta.  he does that swishing water in a pan to collect gold.  I seen it.
yabut hard rock deposits beat out placers any day.
placerville is a town near me - named for the style of mining (placer mining - pronounced plah-ser).  it's nickname is 'old hangtown' since they used to hang people there back in the day for various crimes like claim jumping, horse theft, etc.  there's even a noose and a dummy hanging off side of one of the buildings there on broad street.  they didn't mess around back then.

ATG:  have you ever been up this way before?  (sacramento or tahoe region)?
Parker
isteal
+1,452|6816|The Gem Saloon

CaptainSpaulding71 wrote:

ATG wrote:

m3thod wrote:

ATG is a gold miner sorta.  he does that swishing water in a pan to collect gold.  I seen it.
yabut hard rock deposits beat out placers any day.
placerville is a town near me - named for the style of mining (placer mining - pronounced plah-ser).  it's nickname is 'old hangtown' since they used to hang people there back in the day for various crimes like claim jumping, horse theft, etc.  there's even a noose and a dummy hanging off side of one of the buildings there on broad street.  they didn't mess around back then.

ATG:  have you ever been up this way before?  (sacramento or tahoe region)?
that isnt where the term "placer cradle" came from is it?
if i remember correctly, it was used to sift through the shit....could be way off.
CaptainSpaulding71
Member
+119|6778|CA, USA
placer mining:  http://en.wikipedia.org/wiki/Placer_mining

From wikipedia:

Placer mining (pronounced "plass-er") refers to the mining of alluvial deposits for minerals. This may be done by open-pit (also called open-cast mining) or by various forms of tunneling into ancient riverbeds. Excavation may be accomplished using water pressure (hydraulic mining), surface excavating equipment or tunneling equipment.

The name derives from Spanish, placera, meaning "alluvial sand." It refers to mining the precious metal deposits (particularly gold and gemstones) found in alluvial deposits—deposits of sand and gravel in modern or ancient stream beds. The metal or gemstones, having been moved by stream flow from an original source such as a vein, is typically only a minuscule portion of the total deposit. The containing material may be too loose to safely mine by tunneling. Where water under pressure is available, water under pressure may be used to mine, move, and separate the precious material from the deposit.

here's a link to the placer cradle:  [url]Placer mining (pronounced "plass-er") refers to the mining of alluvial deposits for minerals. This may be done by open-pit (also called open-cast mining) or by various forms of tunneling into ancient riverbeds. Excavation may be accomplished using water pressure (hydraulic mining), surface excavating equipment or tunneling equipment.

The name derives from Spanish, placera, meaning "alluvial sand." It refers to mining the precious metal deposits (particularly gold and gemstones) found in alluvial deposits—deposits of sand and gravel in modern or ancient stream beds. The metal or gemstones, having been moved by stream flow from an original source such as a vein, is typically only a minuscule portion of the total deposit. The containing material may be too loose to safely mine by tunneling. Where water under pressure is available, water under pressure may be used to mine, move, and separate the precious material from the deposit.

here's a link to the placer cradle http://www.britannica.com/EBchecked/top … cyclopedia

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