First Gold Pour.... and more!

[Bob(AK)]

Looks like great fun Dick, good job. Hope you are not melting any decent nuggets

[chickenminer]

Blasphemy ! No worries Bob, all -20 mesh stuff.

[Geowizard]

Moved: viewtopic.php?f=1&t=229&p=1447#p1447

- Geowizard

[Jim_Alaska]

Things are TOUGHER in Alaska;

AISC in Alaska is ABOVE average. I use a rule of thumb of 2X...

Do the math... Mining an ounce of RAW GOLD may cost $1700 an ounce on the LOW end.

Raw GOLD is not pure and may run 900 fine. That means it pays 90 percent.

If you deduct 10 percent, you have .9 x 1200 = $1080. and the cost was $1700.

- Geowizard

Sorry, but this seems overly pessimistic. No miner spends $1700 per ounce to only recover $1080. There is no business that can survive that sort of loss.

If this were the case there would be no miners or mining. No credibility to these kinds of numbers.

I know for a fact that my gold doesn't cost me $1700 per once to mine.

[Geowizard]

Jim,

I moved it to : viewtopic.php?f=1&t=229&p=1448#p1448

Geowizard

[chickenminer]

Geo...
Please take your cost of mining posts onto another thread.
Thanks

[Slatco]

I went to Tecnic refinery in Richmond BC to have a little bar poured. While waiting for it to cool, the tech handed me a 300oz bar to check out I thought I had my gold fever under control but after holding that brick that was about the size of thermos it was back into full on!

[easy goer]

Not sure how I got this off on a tangent, my comment was obviously, or at least to me it was obvious tongue in cheek, sarcasm or hyperbole. The quote was from the making gold bars link from Joe.
It just struck me as funny to refer to 450oz to 2000oz as relatively small. That's it.

Joke in the restaurant business : Easiest way to make a small fortune in the restaurant business? Start with a large one!!

Easy goer

[Joe S (AK)]

Big Easy -

NOT to Worry!

The thread was being redirected off course by someone else and Dick was just swinging it back.

Joe

[Jim_Alaska]

Since this thread was started by Dick he has the say about not taking the thread off topic. His topic was pouring a dore' bar. The cost of recovering gold is off topic and he has asked that a separate thread be started for the cost of gold recovery.

Forum rules also say that replies should be kept on topic.