geof_junk

A billy goat head and shoulder but others say a dog.

MarbeBar Area one of the hottest spot in Oz.The small one is mine and i'm leading the way to the GOLD.

It has to be 48. My lucky number, married 48 years so far, born in 1948, have 4 fingers on one hand and 8 all together  And it has not been a long time ha ha.     Were is my winnings 

I like a post handle. Before Carbon Fibre I made a wooden hip mount  rod. I had a custom groove under the handle so I could rest my grip on my little finger. It was the best setup I ever used.  A few years ago some one in Oz made custom rifle grip handles for ML detectors

The best Four wheel oops meant leg transport for gold hunting

I remember exploring some mines about 55 years ago (with no experience, a teenager) around Walhalla. Later in life I went down a hand dug shaft (150 ft ) and went to the end of the tunnel where the owners was lying down digging along the bed rock.At that stage it was only about 2½ ft high and he was getting good gold for a 3 man operation, $300 per Ounce.

Here is a link to some Videos of mine exploration that reminded me of my younger day, NB I have no connection with this group hope you enjoy.

https://www.facebook.com/pg/TheVictorianHistoricalMineChasers/videos/ 

On ‎1‎/‎26‎/‎2018 at 6:01 AM, kiwijw said:

Hi geof_junk, Yer....bloody photobucket. I use flickr now & all is good....at the moment any way.....

I saw your gold pic when you first put it up. Very nice. Good luck out there

JW 

Thanks a lot JW. I have used Flickr as you advised and have updated my photos on page 2.

Using another hosting SITE

5 ounces in hot ground. Was sitting right out in the open area.

Note the moss (green bit).It was hiding in the shade, 1.5 oz.

Found these old Photo of my garrett Deepseeker gold detector finds. Note the gold ring near the larger nuggets

The wife with a 16 Oz  necklace

5 ounces in hot ground.

Forget photobucket

Note the moss it was hiding in the shade, 1.5 oz.

Forget photobucket

Will fix photo with another source.

On ‎1‎/‎1‎/‎2018 at 9:30 AM, Doc said:

They have told me they have never seen a gold filling that has decay underneath because it "seats" so well that there is simply no way for bacteria to get under the filling.  So even though gold fillings are more expensive, they literally can last a lifetime.

So you can take your gold with you when your time is up (or is that down) 

I still have a White's Spectrum XLT  It was great in junky areas and had a wide range of target selections. I don't know if it is heavy (have not used it for a while) but I told I'm getting ....old.... I meant gold with ML and they are heavy.

11 hours ago, Jin said:

Decided to offload all my gold. I've never sold gold before and not sure if you just approach a gold buyer and sell it for whatever they're prepared to pay. Obviously, it will be less than the gold price and also less to account for impurities. Now I don't have any wopper nuggets to sell but just curious if my two 16gram bits would be worth more if I sold them privately, say on eBay or on a gold prospecting facebook page? If so how do price them?  

With gold price of Au$1650 @ the moment with Ebay 10% of final sold price,

you would have to sell at Au$1833 just to cover  their commission only of Au$183 for your 2 nuggets of approx. 1 ounce with no mailing included.

Best bet is sell nice bit at gold fields caravan parks as most hobbyist will pay gold price plus. 

"I think the other 48 Aussies who were there could definitely learn a few things"

My be they found none........but they need to fill in their hole.

You must do a report at the end of the 3 months and send a copy to both the leaseholder and the DMP, with the amount and EXACT location (GPS points) of any minerals recovered, even if you don't find anything you must do a Nil report. Failure to do so could result in a fine up to $5000, and/or the DMP can Bar you from further 40Es for 3 years. even if its only 1 bit and 0.0002 grams, as your one bit might not be much but if the other 120 people who had a 40E over the same bit of ground also only found a couple of small bits and report it when the leaseholder puts it all on a chart plot they may find that one particular area has a high concentration of gold and therefore worth further investigation

I have seen 10 post being overcome before, if members that have been member for a time period (a week) and made a number of post would give us (or you) chance of judging their intensions. Rules are pain but some are needed..  

By the looks of those PICKS your foot attacked the picks not the other way round.

In Feb 1966 the Australian dollar(changed from  Pound Shilling and pence) was effectively pegged to the British pound at an equivalent value of approximately 1 gram of gold. The highest valuation of the Australian dollar relative to the U.S. dollar was during the period of the peg to the U.S. dollar. On 9 September 1973, the peg was adjusted to USA $1.4875  It is now Floating or is that Sinking at US$1.4875 it is now USA $0.7647 and got below  USA $0.61 in Aug 1986. As an Aussy a match between Gold Price and Currency has to be balanced to get the right return for our gold.     Below are some key Gold events

In August 1971, USA took the dollar off the gold standard.= one Troy ounce of gold at $35.
In August 1972, USA devalued dollar to $38 per ounce of gold.
In March 1973, Most of the major countries adopted a floating exchange rate system.
Then in May 1973, the USA devalued dollar again, to $42.22 per ounce.
January 1980. Gold hits record high at $850 per ounce. High inflation,  strong oil prices, Afghanistan caused investors to move into the metal.
In August 1999, gold fell to $251.70 central banks reducing gold bullion reserves
In October 1999, gold reached a two-year high at $338 after  15 European central banks to limit the gold sales.
Then in December 2003 to January 2004, gold broke above $400, due to conflict with Iraq.
In November 2005, the spot gold rises hit $502.97 .
April 2006 and gold prices 600 US dollars an ounce, the highest since December 1980
May  2006, gold prices peak at 730 US dollars an ounce This was due to firm oil prices and political tensions over Iran's nuclear ambitions.
June  2006 gold falls 26 percent to $543 from its 26-year peak after investors and speculators went on a flurry of profit taking.
Nov 2007  spot gold peaks at a 28-year high of $845.40 an ounce.
Jan  2008,  gold has breached 900 dollars an ounce and looks set to reach the magical 1000 US dollars per ounce.

July 2017(today) Gold is AUD $1594 or USD $1219 . 

What Happened to the Gold Price in 1980?

"In January 1980 gold hit a record 850 US dollars an ounce. After reaching those dizzy heights it then plummeted down and remained steady in the 300-400 dollar range for some years before starting to climb again to new levels. 

Now gold has broken through the 900 dollars an ounce gold barrier and some investors and analysts are wondering, is this going to be a repeat of the 1980 gold spike? 

In fact, there are many differences between the 1980 spike in the gold price and the current rise in gold value, not the least of which is the longer term trend currently occurring. In 1980 gold basically shot up like a bullet out of a gun and then, like a bullet, slowed down and returned to earth."

Read the rest of the article at gold price.org

Did you guy tell Paul the Nurse the catch and release policy here in Oz

The GOLD I meant not the FISH 

If you are a seller you would have to mark it up over 33% to break even, with there 25% commission fee.    eg.   1 Oz   = $1270  x 1.333

                                                                  = $ 1693  Break even min bid

                                                                  = $ 1693 minus 25% commission 

                                                                  = $ 1269 for seller.

It seem like a good way to make $$$$$$$ for the Auctioneer.

For those that like to use Google or OziExplorer  here is a link of my work on Aussy historical gold mines location. 

Historical gold mines (AUST)

5 hours ago, whitebutler said:

It seems I have to change my goals. After a 5.8 ouncer I now am headed to find a pounder. One pound isn't to much to ask for. I believe it's possible. I know I will do it. I keep telling myself and my wife I will bring home a pounder. 

Cheers

John

Don't set the target low, go metric 1 Kg (31+ ounces) GO FOR IT MATE.

Red backs (one of the worst Aus spider) are great boots the main thing that suit me is that they come in half sizes that is an 8.5 is the same length as a 8 and a width of a 9. 

You have used my answer to people who ask me how much ground can you cover. I tell them about as much as you can do by hand mowing your lawn. If you use a large coil you will be just as worn out.