coazon de oro
Bronze Member
Can't make a matchbox like that out of placer gold, that's for sure.
Million ounces <--- Say what????
- Thread starter ConceptualizedNetherlandr
- Start date
Springfield
Silver Member
Well, at least you're right about one thing - people are finding treasures and we're seeing their happy faces on the news. They rejoice in telling their stories - post hole banks from Grand dad's farm, recovery of the sunken Atocha treasures, even a dog who led his master to several jars of gold coins in California a couple months ago. Yes, we heard all about these folks' fortunate discoveries - months afterwards when the legal groundwork was set and the finds were protected. Keeping this type of news secret is certainly NOT a rarity, it is SOP, then and now. Again, what would YOU do?
Waltz was in the mining game most of his life. He knew the ropes. The reason he didn't file on his 'mine' is because he didn't HAVE a mine - he had an ill-gotten cache of ore, either stolen, high-graded or from some other means that he had to cover up by inventing the famous phantom mine that nobody can find. Sure, he knew the mountains well enough to provide 'directions' vague enough to frustrate, but not specific enough to locate the site.
Springfield
Silver Member
That is a fact, c de o. But where did that ore come from - AZ, CO, NM, MX? Lots of picture rock was available in those days. If you label it 'LDM ore', it's worth a fortune to some folks. Like a shard from the True Cross. Caveat emptor.
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ConceptualizedNetherlandr
Bronze Member
- Thread starter
- #24
Amigo Oroblanco, The very idea that LDM exists and/or it has vast know reserves (10^6 oz.) IS what you find in the dictionary if you look up speculation.
Makes a good story, but doesn't pan out.
World peace would be easier to obtain.
Makes a good story, but doesn't pan out.
World peace would be easier to obtain.
Oroblanco
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As to your repeated question, asked and answered.
Your statement, quote
now do you put this forth as statement of fact, or your opinion?
ConceptualizedNetherlandr wrote
Good luck working on world peace.
Springfield
Silver Member
It's my opinion, based on the facts, which are sorely lacking with this 'legend'.
Not that there aren't dozens of expert books available and a roster of unfortunates who lost their lives due to a manic belief in unsubstantiated hearsay over the decades. The bigger the lie, the more who believe it. The most important tool in your box is a working knowledge of human nature.
That said, it's also my opinion that there is a very large valuable cache in the Gila/Salt vicinity - date and ownership unknown. Whether Waltz had any knowledge of it is an open question.
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Real de Tayopa Tropical Tramp
Gold Member
G'dmorning Charlie, coffee? I have no idea just how old you are, but normally as one ages their wants lower. Waltz apparently had enough for his immediate wants, remember he spent quite a bit of time in effective primitive living,so a period in the city would be living very well indeed, regardless of the normal city standards on which side of the tracks he lived on.. What were his physical and psychological wants./ needs ?
Don Jose de La Mancha
Don Jose de La Mancha
Real de Tayopa Tropical Tramp
Gold Member
Interesting my friend, Concept---, coffee?? and just how does one broker a deal on an unproven property?
I have a nice lil mine which has never been core drilled or anything, yet the only response is what do your drilling tables say?? Assays are available but unaccepted.
The property has some 80 acres, titled, and hosts many outcropings, the general ore runs over $ 2,000 a ton yet I cannot get anyone to even consider looking at it?? What most want can easily go over $60,00 in expenses before they will even read any reports.
So just what would you suggest within reason?
Don Jose de La Mancha
I have a nice lil mine which has never been core drilled or anything, yet the only response is what do your drilling tables say?? Assays are available but unaccepted.
The property has some 80 acres, titled, and hosts many outcropings, the general ore runs over $ 2,000 a ton yet I cannot get anyone to even consider looking at it?? What most want can easily go over $60,00 in expenses before they will even read any reports.
So just what would you suggest within reason?
Don Jose de La Mancha
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ConceptualizedNetherlandr
Bronze Member
- Thread starter
- #29
First I'd have to admit I am not sure what you are on about with that ^
But I think this "just how does one broker a deal on an unproven property? " drives home the big discrepancy.
A million ounces of gold just laying about in plain sight would hardly be 'unproven'.
All he would have had to do is gather up reputable investors. Have an attorney over see the drafting of a corporation or partnership or whatever, where he keeps 51% and control. The deal is predicated on his filing a claim and the others putting up the cash/labor/protection/whatever to get the mine into production. Once the money is securely in escrow (not all that much needed for this part) and the new partnership is physically ready to implement to everyone's satisfaction, JW takes his investors to the claims office and a claim is made in the name of the partnership. Everybody has a fully vested interest, and no one is at financial risk. Then they go see the mine and implement.
From that day forward they are financially secure enough to protect their interests from the wild west. No need to killing off each other or any such.
The only problem being there never was 10^6 ounces of gold.
markmar
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Conceptualized
Waltz never said how " his mine has a million ounces of gold " . He said how " his mine could make 20 men millionairies " .
The clue about one million ounces is fake , and was made by those who believed how the stone trail leads to the LDM .
Waltz never said how " his mine has a million ounces of gold " . He said how " his mine could make 20 men millionairies " .
The clue about one million ounces is fake , and was made by those who believed how the stone trail leads to the LDM .
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ConceptualizedNetherlandr
Bronze Member
- Thread starter
- #31
Conceptualized
Waltz never said how " his mine has a million ounces of gold " . He said how " his mine could make 20 men millionaires " .
The clue about one million ounces is fake , and was made by those who believed how the stone trail leads to the LDM .
Are you serious
Explain how those 20 were going to become millionaires. In fact that is a higher burden than 10^6 ounces because it implies net take home $.
coazon de oro
Bronze Member
Conceptualized
Waltz never said how " his mine has a million ounces of gold " . He said how " his mine could make 20 men millionairies " .
The clue about one million ounces is fake , and was made by those who believed how the stone trail leads to the LDM .
Howdy Marius,
It's the same clue just rounded off. Twenty million dollars divided by $20.65 an ounce is 968,523 ounces.
Homar
Oroblanco
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ConceptualizedNetherlandr wrote
Can you prove that assertion?
Can you prove that assertion?
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ConceptualizedNetherlandr
Bronze Member
- Thread starter
- #34
Ah, fallacy of proving a negative. I can't prove that there isn't a toaster orbiting Neptune either, but there isn't. Trust me.
Real de Tayopa Tropical Tramp
Gold Member
G'd evening concept: 
You posted -->All he would have had to do is gather up reputable investors.
~~~~~~~~~~~~~
That my friend, is the primary problem. where do you find them?
Don Jose de La Mancha
You posted -->All he would have had to do is gather up reputable investors. ~~~~~~~~~~~~~
That my friend, is the primary problem. where do you find them?
Don Jose de La Mancha
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ConceptualizedNetherlandr
Bronze Member
- Thread starter
- #36
G'd evening concept:
~~~~~~~~~~~~~
That my friend, is the primary problem. where do you find them?
Don Jose de La Mancha
All over. Had I been him then I would have started in Phoenix.
Oroblanco
Gold Member
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Ah, but no one has made any statement about any toasters orbiting Neptune either. Trust no one. We can not say that ANY clue concerning the LDM is false, until and when the mine is found, then we can weed out the false.
Springfield
Silver Member
"Trust no one." That's a crippling paranoid approach to most of our lives' relationships, Oro, but it's probably a healthy foundation when applied to the world of 'lost mines and hidden treasures'. Seriously, how can one possibly accept a total stranger's account of his alleged knowledge of the whereabouts of a great fortune? Or believe that the hearsay available in a publication hasn't been hopelessly obfuscated?
markmar
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You know what I meant . But you statement could be the right .
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ConceptualizedNetherlandr
Bronze Member
- Thread starter
- #40
The concept of ~10^6 ounces is not just another clue. It is the entire basis for LDM being worthwhile to find. Otherwise everyone is just out looking for another has-been played out tiny hole. Without THAT supposed treasure, what is all the fuss about?
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