Moorpark man finds gold nugget worth $10,000[CA]

Ventura County Star ^ | 28 Mar 2009 | Karen Hibdon

[BGHater]

Pretty cool. Nice find.

Bahog Bump.

[Paul46360]

START DIGING ARNOLD.....

[Paladin2]

Hourly pay (including equipment depreciation and investment carrying costs) = ?

Fun is good.

[Beowulf9]

Like A’node, Patrick Keene will be saying “I’ll be back”.

Only I hope there won’t be a million others too, or some mining company.

[FlingWingFlyer]

I would have never made this public. Barack the Kenyan’s gestapo is going to be all over this poor guy.

[P8riot]

Moorpark man finds gold nugget worth $10,000

That's a buck twenty-seven after taxes.

[Lord_Baltar]

Excellent find...

Although, the dag-gum thing looks like a potato

[Red in Blue PA]

.....although he can lose it just as easily as he found it.

[zeebee]

Since when is gold “bringing more than $1000.00 an ounce”?

[E. Pluribus Unum]

7 years for a $10,000 payoff?

That's something like 69 cents per hour.

[BGHater]

In placer form, sure, $1000 easy. However, it’s trading around $970 oz now.

[JZelle]

I hope he brought the preacher with him.

[P8riot]

It was at $988.00/oz around 11pm today.

[HereInTheHeartland]

He should have kept it quiet, I would assume the IRS will want a cut.

[P8riot]

This preacher?

[FroggyTheGremlim]

There is a certain “collector’s” premium for a raw nugget over the spot rate per ounce.

I’ve been a member of GPAA for a couple years now. Never found anything big, but it’s a great hobby and pastime, getting out into the country, wading through a pleasant stream, panning through some dirt and occasionally, very occasionally, finding a few small pieces of gold.

http://www.goldprospectors.org/

[Oatka]

Some Nest Egg!

It wouldn’t apply to this nugget, but for a lot of the smaller ones as well as flakes, you can usually get more for gold like that in the form of jewelry. Doesn’t even have to be smelted. I’ve seen clear pendants with a pinch of gold dust
go for $300-$400, etc.

I saw something neat for the prospector on one of those gold shows. They called it a “poop chute”. They took a plastic ribbed black sewer pipe, about 10’ long and 6” in diameter, cut it in half lengthwise, and voila! - had themselves a riffle board to pick up the gold flakes, etc.

Yankee inginuity at its best.

[Old Professer]

What's the big deal? They have a whole bin of these at Krogers

[wintertime]

“It’s not the money value; it’s the treasure value,” he said.
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Wa’na bet that the IRS will get right on it?

[wintertime]

“When you get your first gold, it gives you the gold fever,”
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Intermittent positive reinforcement is powerfully addictive. Ask anyone with a gambling problem ( or avid fisherman).