Hello Doug A.K. Not too sure there was a question in there, but I'll do the best I can with what I THINK you wrote
First and foremost, I've made a personal decision to unify my various aliae as much as possible all over the net, so that wherever someone finds "gold_tutor" or "goldtutor," my many cyber friends PLUS my thousands of book buying customers accumulated over the last 11 yrs can "find" me and know that they are hearing from one and the same person, SMEEEEE<g> YEEEEEEEEEEEEeeeeeHAW!!!
Secondly, I believe you hold some of the mistaken beliefs of others on the "outside of placer mining" who are "looking in" & who observe the modern day, individual placer miner plying our craft, of which I am but 1.
You see, between the government, the environmentalists, the local water board rationing permits and measuring volume, the DEQ --Dept of Environmental Quality--who monitors stream sedimentation; the US Dept of Interior aka the BLM and/or the US Forest Svc who controls access to the forests and desert where the gold is, and large dollops of weather watching and season changes, placer mining is NOT a 24/7/365 effort.
Let's deal with the weather factor for a moment, shall we? Spring has just sprung in the desert in the last 5 days, which means snow melt, streams exceeding their channels, muddy banks and spongy roads, making equipment hauling to and from claims near to impossible.
Secondly, I'm a 'wired miner' shall we say...cellphoned, wireless laptop, solar powered, satellite dished modern counterpart to the burro and unshaven hero of a century ago. I eat my breakfast inside, enjoy my mid afternoon, air conditioned siestas, during the HOT part of any given mining day. AND, I only howl at the moon on rare occasions, preferring to sleep indoors on my nice cushy, high dollar contoured place of repose, instead of curled up on saddle shaped pillow with a smelly mule blanket pulled up around my unwhiskered chin. Yeah, I know... a miner's life....it's tuff, ain't it?<g>
However, since reg'lar mining doesn't begin until the snow's finished meltin' and the roads dry out, I'm free to cyber wander, sieve, and pause to comment that is in between batchs of recycled gold cooking away in my 1900F furnace. Now, you might ask where and how is it that I accumulate Au during the off season when my hoarded cons from last season's mining ops have dwindled to stacks of empty 5 gal buckets?
Well, it's like this, Doug... For one example:I've spent other hours infront of the TV demanufacturing from all its various encumbrances and intertwinings the trappings of post-mined gold extraction processes and post mining applications of others in their facets of this gigantic realm known as "the gold bidness."
One of my favorite "keep the hands busy" projects while I'm a watching soaps...yes, this ole burro thumping-mule skinner prefers 2 actually---(care to take a guess which ones???)---is demanufacturing certain fabric core wound gold applications which doesn't take much concentration, just time. At 1/3 of an ounce to the ton or better... I get to have my "cake (of soap that is<g>)and recycle, too." Do you know of anyone else who processes gold during their afternoon episode of Gen'l Horsepistol? (Do you know anyone else that basically gets paid for watching GH?)
That 1/3 of an oz of gold per ton for that ZERO COST discarded item, is a considerably FINE ASSAY result, consid'ring that most modern day, cyanide heap-leach ops still get excited over .005 oz per ton assays, all the way up to and including .05 o/p/t assay results WOW..are they ever impressed with my .33 o/p/t project or what?
Here's a newsflash: Hot off the furnace as it were<g>.... A new book-buyin'-buddy of mine just in this last 60 days was pulling 3 ounces of 24K Gold FROM just 5 av. pounds of some of his goodies.. [dang, wish that was MY recycle pile instead o'his-<ggg>] ...and that's just b/c he got ahold of & READ what I had to say in mah book. It just took a little education and a glance at those 6 pages of lists I've mentioned here that I'm looking for new items to add to said lists, to open his eyes, and wind him up and turn him loose onto the world of gold mining vis a vis gold recycling.
AND this Abner thread is so VERY VERY HELPFUL to me b/c I peruse monitoring and keeping my eyes peeled for discussion of new uses, which mean new discards on the come. This is a GRRRRREAT place for goldbugs and those bitten by the gold bug to discuss the latest uses and abuses of gold.
My new buddy is just like others who have had their eyes opened to the demanufacturing potential out there in Garbage R-Us USA. Here in North America, yes, Canadian and Mexico as well, we're all home of instant gratification and huge disposal problems. These disposal problems include bad habits of throwing away something just because we don't like it anymore, and have been for generations. And if it's yellowish in tone, its gonna get a second look by a whole new breed of prospector I've helped educate. It's a great feeling! ANd to think NAFTA moved jobs to Mexico...it also moved chunks of discarded scrap gold to Mexico as well.
This golden garbage surges like the ocean tide, following industrialization around the globe. And newly mined gold supplies have NOT kept up with INCREASING demand for gold. Do you think for a minute that because the Central Banks Leasing Schemes---discussed to death on this thread- and rhapsodized by the gaddabouts first in Europe and then S. Africa, et al, do you TRULY think, Doug, that just because it is Central Bank gold in origin that it isn't discarded?
CB leased used and abused gold gets added to the heaps from which recyclers like me can and DO get to "mine" when we are "mudded out" and restricted by all kinds of regulatory nuts out there in bureaucrat land from pursuing our placer and hardrock gold pursuits, which are our 1st loves.
Recycled gold only makes up about 3 million ounces a year of the shortfall between mined supply supplemented by CB "leases"/SALES!!!!!, and the documented increasing demand for the yellow stuff. If the CB is gonna lease less, then either we will recycle more above ground, already refined once gold, or prices will have to rally in order to return the incentive to traditional, commercial mining in the Busang and non-Busang portions of the globe.
You see, Doug its as simple as this: Recycled gold can be recovered for less than $20 an ounce INCLUDING ACQUISITON COSTS all day long, every day by anyone who knows where and what to look for which is a LOT of monetary incentive
VERSUS
commercially, traditionally mined gold at approximate avg costs per t/oz of $262 per oz or thereabouts.
This DISINCENTIVE to newly mined supply is bandied about regularly on this thread. But it seems like I'm the only one singing the praises of reycling already above ground, discarded gold and the economics of pursuing THAT venue, as part of the solution while the CB's are playing their Which-Shell-Is-The- Leased-Golden-Pea-Under?
This DISINCENTIVE to newly mine gold with "prices realized at the pump" (<----if you'll forgive me mixing my metaphors) at $255 to basically $268 per troy ounce is part of the supply problem, NOT the demand side of the Abner discussion.
See how it all fits together now, Doug?
God bless ole Abner and his lil' Gossamer Hossamers... BTW, you DO know that is an alias also, right? We old timers know ole Abner by his "other name." He PM's me upon occasion with hearty "sic'ems" whenever I put up a really good one...who knows...maybe I'll hear from him t'day, even???
Have a good weekend, and keep your eyes open for more enlightening gold supply/demand and pricing commentary from:
gold_tutor ayup, that's smee....on SI, eBay, Yahoo, Stockhouse, Raging Bull, AOL, and coming to a dozen other sites near you...eventually<g> Just didn't say I'd hit'em all at the same time...then I'd be a newsletter writer...YUCK! |