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Eureka! 9-POUND NUGGET TIP OF THE ICEBERG?
TheUnion.com ^ | April 30, 2010 | Dave Moller

Posted on 05/02/2010 3:30:48 AM PDT by One_Upmanship

Gold fever can hit anyone, but when you find a 9-pound nugget like Jim Sanders did on his Nevada County land, the thermometer climbs quickly.

“What's exciting is the potential,” Sanders said recently while standing on the mountain property his family has owned for years. “If I get a mining operation going, we'd have an industry here.”

For security reasons, Sanders and The Union agreed to not divulge the exact location of his land. In addition, he asked that photos for this story did not show his face.

Sanders always thought there might be gold on his property because of the site and its geology. He knew the rocks were from the hydraulic era, and it seemed logical that placer gold might be beneath them.

But Sanders wanted to know for sure, so he had the land assayed for gold by experts using ground radar and metal detectors.

“We did some test pits, and they estimated there was about 3,800 ounces in the first few feet,” Sanders said. “That should increase as we go deeper.”

The San Francisco Bay Area businessman said he was reluctant at first to inform The Union about his find, though the land is remote. But when he thought about the tough economy here and the possible economic impact of a new gold mine, he decided to share the news.

He will offer more information when he starts the permit process for gold mining, he said. The land is filled with stones washed downstream from the hydraulic mining days of the 19th century, and he figures he has a fortune just in decorative rock.

Family ‘patiently excited'

On the day they discovered the 9-pound chunk, “the metal detector went off the charts,” Sanders said.

(Excerpt) Read more at theunion.com ...


TOPICS: Business/Economy; Hobbies; Outdoors; Science
KEYWORDS: gold
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1 posted on 05/02/2010 3:30:48 AM PDT by One_Upmanship
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To: One_Upmanship
Congratulations
But not so fast. When local state and federal gubmint is finished it'll be a 2 pound nugget.
2 posted on 05/02/2010 3:40:08 AM PDT by ninonitti
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To: ninonitti
But not so fast. When local state and federal gubmint is finished it'll be a 2 pound nugget.

The above before and after photos will do.

The story continues three months later:

Terry Mohr: "Well, when I started to file the paper work with the government agencies I had a NINE pound nugget of gold." (see first picture of 9 lb. nugget)

"Then as the process went on, THIS is all the government left me with!!! (see second photo of him holding the 2 oz. nugget.)

3 posted on 05/02/2010 3:59:28 AM PDT by bayliving (What are YOU prepared to sacrifice in order to preserve freedom?)
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To: DelaWhere; Velveeta; Rushmore Rocks; WestCoastGal

Never give up, if you get a chance to hunt for gold, the next step could be on a big one.


4 posted on 05/02/2010 4:04:58 AM PDT by nw_arizona_granny ( garden/survival/cooking/storage- http://www.freerepublic.com/focus/chat/2299939/posts?page=5555)
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To: ninonitti

Something does not pass the smell test here. Could Jim Sanders be a huckster wanting to get investors and then leaving them high and dry?

The notion of a find that large is the quintessential “American dream.” OTOH, as you say, the government and enviro-weenies will turn his dream a nightmare. Not to mention the money necessary to scale the permit hurdles.


5 posted on 05/02/2010 4:07:18 AM PDT by One_Upmanship
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To: nw_arizona_granny

6 posted on 05/02/2010 4:18:19 AM PDT by One_Upmanship
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To: B4Ranch

Close to the old family digs...


7 posted on 05/02/2010 4:27:43 AM PDT by JDoutrider
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To: One_Upmanship

I doubt the story, and the pic.


8 posted on 05/02/2010 4:33:43 AM PDT by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one.)
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To: One_Upmanship

Yeah. I see a perfect con about to unfold. The mark(s) will do all the work (sell themselves) and pay dearly for it.


9 posted on 05/02/2010 4:46:46 AM PDT by RGSpincich
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To: Texas Fossil

My thinking parallels yours. I could only find the one photo (above) on the net.


10 posted on 05/02/2010 4:49:32 AM PDT by One_Upmanship
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To: RGSpincich
I don't like being pessimistic but, like you, I am.


11 posted on 05/02/2010 4:51:20 AM PDT by One_Upmanship
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To: All; PA Engineer; blam; TigerLikesRooster; Cheap_Hessian; CJinVA; Jet Jaguar; OneLoyalAmerican; ...

Goldbug Ping

Mail me to get on or off the Free Republic Goldbug Ping List.


12 posted on 05/02/2010 4:57:56 AM PDT by jiggyboy (Ten per cent of poll respondents are either lying or insane)
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To: Texas Fossil

I don’t know much about metals in their natural state but the big one looks like it was pieces of gold melted together.


13 posted on 05/02/2010 5:05:19 AM PDT by wiggen (Government owned slave.)
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To: One_Upmanship
“If I get a mining operation going, we'd have an industry here.”

I would wait until Obama is long out of office. See, he dont like mining. And even if he did allow it, he would take by force most or all of the gold.

14 posted on 05/02/2010 5:08:14 AM PDT by lowbridge (Rep. Dingell: "Its taken a long time.....to control the people.")
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To: wiggen
Could it be Hygraded gold?
15 posted on 05/02/2010 5:12:15 AM PDT by One_Upmanship
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To: lowbridge
Hehe! First you have to file a claim. Send me $100K and I'll show you how to begin the process.
16 posted on 05/02/2010 5:15:59 AM PDT by One_Upmanship
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To: One_Upmanship
For security reasons, Sanders and The Union agreed to not divulge the exact location of his land. In addition, he asked that photos for this story did not show his face.

Good luck with that, Mr. Sanders.

17 posted on 05/02/2010 5:23:02 AM PDT by 1rudeboy
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To: 1rudeboy

LOL. Has anyone looked up his facebook account yet? LOL


18 posted on 05/02/2010 5:23:59 AM PDT by One_Upmanship
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To: One_Upmanship; wiggen

The only thing in the photo for size indication is what appears to be a tape measure. It could have easily been added with photoshop. (I did not examine the photo)

His statement:

“If I get a mining operation going, we’d have an industry here.”

That statement makes me suspicious he is mining something other than gold. There have always been mining scams.


19 posted on 05/02/2010 5:31:02 AM PDT by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one.)
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To: lowbridge

20 posted on 05/02/2010 5:34:32 AM PDT by One_Upmanship
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