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Russian ship with 700 tons of gold ore missing
sfgate ^ | October 29, 2012

Posted on 10/30/2012 8:48:09 AM PDT by BenLurkin

Edited on 10/30/2012 9:33:27 AM PDT by Admin Moderator. [history]

A vessel with a nine-person crew and 700 tons of gold ore onboard has gone missing in stormy seas off Russia's Pacific Coast.

The ship sent a distress call on Sunday as it was sailing from the coastal town of Neran to Feklistov Island in the Sea of Okhotsk.


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


TOPICS: Weird Stuff
KEYWORDS:

1 posted on 10/30/2012 8:48:14 AM PDT by BenLurkin
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To: BenLurkin

"..pack my sardines"

2 posted on 10/30/2012 8:51:52 AM PDT by Doogle ((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: BenLurkin

You might want to check with Titus Pullo.


3 posted on 10/30/2012 8:53:04 AM PDT by circlecity
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To: BenLurkin
Polymetal's spokesman on Monday would not estimate the value of the cargo.

It's worth less than the ship's crew, even in Russia. Probably worth considerably less than the vessel itself. It's just ore.

This sounds rather grim. How often does a 'missing' ship turn up above water?
4 posted on 10/30/2012 8:54:21 AM PDT by verum ago (Some people must truly be in love, for only love can be so blind.)
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To: BenLurkin

Put out an APB on Ragnar Danneskjöld.


5 posted on 10/30/2012 8:54:51 AM PDT by Future Snake Eater (CrossFit.com)
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To: BenLurkin

Dagnar!!


6 posted on 10/30/2012 8:55:49 AM PDT by GeronL (http://asspos.blogspot.com)
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To: BenLurkin; All
oh!...how convenient...
sounds like Russian Mafia

(Putin's Gang :)

7 posted on 10/30/2012 8:56:13 AM PDT by skinkinthegrass (Anger a Conservative by telling a lie; Anger a Liberal by telling the truth. - RWR 8-)
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To: BenLurkin

700 tons of good ore yields about 5 grams of gold per ton, or 120 troy oz. At spot prices, this is around $100K minus expenses. Not really a major story here except for the families of the crew.


8 posted on 10/30/2012 8:56:23 AM PDT by jimmygrace
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To: BenLurkin
and contains only a small percentage of the precious metal.

How small? 10% = $3.47 billion, but 0.01% = $3.47 million.

9 posted on 10/30/2012 8:56:23 AM PDT by KarlInOhio (Big Bird is a brood parasite: laid in our nest 43 years ago and we are still feeding him.)
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To: jimmygrace
You answered my question just before I asked it. Spooooooky!
10 posted on 10/30/2012 8:58:52 AM PDT by KarlInOhio (Big Bird is a brood parasite: laid in our nest 43 years ago and we are still feeding him.)
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To: Future Snake Eater; All
Put out an APB on Ragnar Danneskjöld.
JOHN GALT LIVES!....
looters...moochers beware..

11 posted on 10/30/2012 8:59:55 AM PDT by skinkinthegrass (Anger a Conservative by telling a lie; Anger a Liberal by telling the truth. - RWR 8-)
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To: BenLurkin
Gold ore is the material from which gold is extracted ...

How stupid do they believe their readers to be if they have to clarify this issue?

12 posted on 10/30/2012 9:02:38 AM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: DuncanWaring

As dumb as the guys on the tv show Gold Rush.


13 posted on 10/30/2012 9:08:18 AM PDT by shotgun
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To: jimmygrace

Thank you. When I saw “ore” in the headline, I immediately did a *shrug* and “WF cares”, and was going to check the math myself.


14 posted on 10/30/2012 9:15:07 AM PDT by lefty-lie-spy (Stay metal. For the Horde \m/("_")\m/ - via iPhone from Tokyo.)
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To: shotgun
As dumb as the guys on the tv show Gold Rush.

"Glory Hole!"


15 posted on 10/30/2012 9:22:15 AM PDT by Bloody Sam Roberts ("The heart of the wise inclines to the right, but the heart of the fool to the left." Ecclesiastes 1)
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To: BenLurkin

700 tons of ore? That translates into what...28-36 grams of gold?


16 posted on 10/30/2012 9:24:38 AM PDT by Cyman
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To: shotgun
"As dumb as the guys on the tv show Gold Rush."

The dumbest of them all:


17 posted on 10/30/2012 9:40:20 AM PDT by Rebelbase (The most transparent administration ever is clear as mud.)
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To: circlecity
You might want to check with Titus Pullo Ragnar Danneskjöld.
18 posted on 10/30/2012 9:43:29 AM PDT by null and void (Day 1379 of the Obama Regime - Barack Hussein Obama an enemy BOTH foreign AND domestic)
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To: Bloody Sam Roberts

Rick = Dave


19 posted on 10/30/2012 9:57:41 AM PDT by shotgun
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To: Bloody Sam Roberts

Posting was slow and.

Was responding that Pops is the reason that went bust in the first sean digging that hole 70 feet straight down and that Dakota Fred proved Todds theory of the pay strak right in season 2.

I loved it when Todd’s crew jumped ship to work the new claim with Dave.


20 posted on 10/30/2012 10:02:25 AM PDT by shotgun
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To: Doogle

LOL!


21 posted on 10/30/2012 10:08:05 AM PDT by cajungirl
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To: jimmygrace

No one ships raw ore, this must be “ore concentrate” going to refinery and with much greater gold content.


22 posted on 10/30/2012 10:20:58 AM PDT by X-spurt (It is truly time for ON YOUR FEET or on your knees)
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To: BenLurkin

Ragnar Danneskjold?


23 posted on 10/30/2012 10:40:13 AM PDT by YHAOS (you betcha!)
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To: shotgun

You mean you find those guys as clownish as I do?


24 posted on 10/30/2012 10:52:12 AM PDT by count-your-change (You don't have to be brilliant, not being stupid is enough.)
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To: count-your-change

And then some!

As a civil engineer, and 15 years welding and fabricating piping systems, I scream at those guys all of time. I keep telling my girl friend that I am going to try to get on with them just so I can fix their systems right instead of watching them fumble through the whole season.


25 posted on 10/30/2012 11:46:34 AM PDT by shotgun
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To: shotgun

I watched only a few episodes. Mostly it consists of overgrown children emoting over their issues and fumbling around with homemade junk while the expensive heavy equipment sets outside all winter without so much as a tarp over the engine.


26 posted on 10/30/2012 12:44:31 PM PDT by count-your-change (You don't have to be brilliant, not being stupid is enough.)
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To: YHAOS

good one!


27 posted on 10/30/2012 12:56:57 PM PDT by killermosquito (Buffalo, Detroit (and eventually France) is what you get when liberalism runs its course.)
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To: count-your-change

This season, which started last Friday, they have brought in the real equipment. 3 heavy duty mining dump trucks, 3 large excavtors, 1- D9 and 1- D10 dozers, 3 new wash plants/sluice boxes.

Their new goal this year is 1,000 ounces (last year they only got 92 oz.)

Propbably still won’t help them!


28 posted on 10/30/2012 3:19:46 PM PDT by shotgun
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To: shotgun

Well now, let’s see...a thousand ounces (not likely) would be a million point seven dollars more or less. Pay the leases and operating costs of all that heavy equipment, divide the gold pie into several slices and let the tax man ‘dip his beak’, I figure the guys would just make wages.

Good for them if they do but to me it doesn’t look likely.


29 posted on 10/30/2012 4:37:21 PM PDT by count-your-change (You don't have to be brilliant, not being stupid is enough.)
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To: BenLurkin
I hear this guy

just happens to have one for sale.

30 posted on 10/30/2012 4:40:45 PM PDT by McGruff (Obama lied. Heroes died.)
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To: count-your-change

You forgot to mention to pay back all of the investors (Texas millionaires backed them this season) and the 10% lease on the mining claim.

I am sure each of the characters is getting paid for their appearances on the show. The gold they find and keep is just the icing on the cake for them.


31 posted on 10/30/2012 4:42:08 PM PDT by shotgun
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To: shotgun

I guess if they’re willing to work that hard to go broke imagine how they might work to make real money.
Sounds like a perfect motive/opportunity to skim a few nuggets or a bit of powder.

Or they may find as some guys I knew working on the pipeline did...when they came home after being gone a long time momma had found another man.

So much for “reality” t.v.


32 posted on 10/30/2012 5:15:03 PM PDT by count-your-change (You don't have to be brilliant, not being stupid is enough.)
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To: count-your-change

That’s the back story!


33 posted on 10/30/2012 5:41:24 PM PDT by shotgun
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