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Gold Rush: Lucky Prospector’s $300K Nugget
ABC News ^ | Jan 17, 2013 1:29pm | Matthew Rosenbaum

Posted on 01/28/2013 12:49:03 PM PST by nickcarraway

When an amateur prospector strapped on a metal detector and set out to look for gold he was hoping to get lucky, but he had no idea how lucky he would be. The prospector, who wishes to remain anonymous, was searching for the precious metal just outside of Ballarat, Australia, on Wednesday, when he came across a massive gold nugget weighing in at over 11 pounds.

Cordell Kent, the owner of The Mining Exchange Gold Shop in Ballarat, told the Australian Broadcasting Corporation that the find was one of the most significant in his 20 years in the business: “We have 800 prospectors on our books and only a couple of those have ever found a nugget over 100 ounces.”

(Excerpt) Read more at abcnews.go.com ...


TOPICS: Local News; Miscellaneous
KEYWORDS:

1 posted on 01/28/2013 12:49:08 PM PST by nickcarraway
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To: nickcarraway

Wow!


2 posted on 01/28/2013 12:57:01 PM PST by KoRn (Department of Homeland Security, Certified - "Right Wing Extremist")
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To: nickcarraway

Wouldn’t a ‘nugget’ that size be difficult to hold? I saw the video and it seemed that object appeared lighter than it should be if it were gold.


3 posted on 01/28/2013 1:02:49 PM PST by Obama_Is_Sabotaging_America (IMPEACH OBAMA)
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To: Obama_Is_Sabotaging_America

Wouldn’t a ‘nugget’ that size be difficult to hold? I saw the video and it seemed that object appeared lighter than it should be if it were gold.
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Not at all—the article said it weighed less than 12 pounds. At about $1,700 an ounce, it doesn’t take much weight to crank up the cash value.


4 posted on 01/28/2013 1:08:16 PM PST by House Atreides
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To: nickcarraway
Todd can only dream.


5 posted on 01/28/2013 1:26:02 PM PST by TexasCajun
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To: TexasCajun

He could script one in along with all the other drama.


6 posted on 01/28/2013 1:52:54 PM PST by Resolute Conservative
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To: Resolute Conservative

Todd shut down his prototype trammel and now is going over to the other camp to screw it up.


7 posted on 01/28/2013 2:00:18 PM PST by TexasCajun
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To: TexasCajun

OK, I had to LOL at that....


8 posted on 01/28/2013 3:21:04 PM PST by Unruly Human
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To: Unruly Human
300k isn't much, just the gold weight. Don't those big nuggets go for much more, I think they call it specimen value?
9 posted on 01/29/2013 9:55:18 AM PST by DAC21
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To: DAC21
300k isn't much, just the gold weight. Don't those big nuggets go for much more, I think they call it specimen value?

Yeah, it's probably worth three times that to someone....

10 posted on 01/29/2013 4:32:23 PM PST by Unruly Human
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To: House Atreides

Sheesh! What I’m saying is, if you look at the size of that ‘nugget’ in the video and watch how easily it’s being handled, something’s not right. I would think a ‘nugget’ of that size would weigh far more than 12 lbs. if it were gold. Perhaps it’s not solid gold and contains other metals.


11 posted on 01/30/2013 11:15:08 AM PST by Obama_Is_Sabotaging_America (IMPEACH OBAMA)
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To: TexasCajun

Todd is an incompetent fool. His lack of planning is laughable. Good show though.. lol


12 posted on 01/30/2013 11:17:49 AM PST by Obama_Is_Sabotaging_America (IMPEACH OBAMA)
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To: Obama_Is_Sabotaging_America

Only a fool spends his borrowed money on an unproven prototype trammel. ...all prototypes have inherent problems & issues.


13 posted on 01/30/2013 11:25:56 AM PST by TexasCajun
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