I like the clue Waltz gave, about how the gold ore from the mine directly across of the hidden camp, is different from the gold ore from the inclined shaft mine high up in the arroyo…… unlike the ore from inclined shaft, the ore from mine across of the hidden camp, is more gold than quartz.
Waltz also continued on about the gold ore in that mine across of the hidden camp; he said there is enough gold showing, to make millionaires of 20 men.
So $20,000,000 in gold, and that’s just what is showing.
That was back in the later 1800’s when gold was about $20 per ounce. Today gold is over $2,000 per ounce ….. 100 times more.
In today’s dollar terms, to figure how much gold is showing, we just need to multiply $20 million by 100. (Assuming Waltz’s guess was in the ballpark.)
$20 million x 100 = $2,000,000,000 or $2 BILLION …. And that’s just what is showing. There would most likely be much more behind that.
2 Billion is a lot, and if we bust it up into sample size portions …. It starts to get interesting.
Have any of you held a 100 ounce bar of silver? It weighs approximately 7 pounds. 100 Troy ounces of anything is the same …. Approximately 7 pounds.
Gold samples, per person would most likely be 2 or 3 times that amount, but for now let’s just say about 125 ounces or almost 10 pounds.
125 ounces of gold at a price of $2,000 per ounce = $250,000 or 1/4 million per sample that would probably fit quite easily in the palms of our hands.
If the LDM is in the wilderness area, nobody can claim the mine, only get samples.
How many Dutch Hunters could get a sample of that size?
The math says enough gold showing, to provide samples to 4,000 Dutch Hunters.
If I found the LDM in the wilderness area, I’d get samples, and I hope that any Dutch hunter that could get there, would also get samples. 🥳
Yep, what to do with the LDM if you found it in the wilderness area. It is a hard question.