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Gold Prospecting
Metal Detecting for Gold
Would you buy a lease, or going in shares of a lease?
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<blockquote data-quote="Goldtalk Leonora" data-source="post: 515209" data-attributes="member: 5638"><p>I sell a few leases here and there.....but I agree 100%with MadTuna. No lease is worth more than a grand or two but it really comes down to supply and demand.</p><p>At the moment there is very little ground available and it will be that way for some time. Unless you know the 'ins and outs' of prospecting then buying a lease is not a crazy idea. However....why would someone be selling a lease?...because they have finished with it and they do not believe there is anything left!! I'm sure there are other reasons...but I reckon I'd be close to the mark. As with everything in life it's a case of buyer beware...there are more sharks in this game than we have swimming in the Indian Ocean!...I love seeing adds on Gumtree of tenements going for 20k or so and they show pics of handfulls of nuggets...dah.</p><p></p><p>The key is (in my opinion) to work out why you need a lease. For most recreationals it's not necessary. Maybe if you want to push some dirt it can be a good option....I've sold tenements to retired folk that just wanted somewhere to detect and be left alone...and if the budget is there then fair enough</p><p></p><p>Even though everything is pegged out at the moment their is still plenty of VCL out there that carries gold. Perhaps do what good prospectors have always done...get out into these remote areas and prospect.</p></blockquote><p></p>
[QUOTE="Goldtalk Leonora, post: 515209, member: 5638"] I sell a few leases here and there.....but I agree 100%with MadTuna. No lease is worth more than a grand or two but it really comes down to supply and demand. At the moment there is very little ground available and it will be that way for some time. Unless you know the 'ins and outs' of prospecting then buying a lease is not a crazy idea. However....why would someone be selling a lease?...because they have finished with it and they do not believe there is anything left!! I'm sure there are other reasons...but I reckon I'd be close to the mark. As with everything in life it's a case of buyer beware...there are more sharks in this game than we have swimming in the Indian Ocean!...I love seeing adds on Gumtree of tenements going for 20k or so and they show pics of handfulls of nuggets...dah. The key is (in my opinion) to work out why you need a lease. For most recreationals it's not necessary. Maybe if you want to push some dirt it can be a good option....I've sold tenements to retired folk that just wanted somewhere to detect and be left alone...and if the budget is there then fair enough Even though everything is pegged out at the moment their is still plenty of VCL out there that carries gold. Perhaps do what good prospectors have always done...get out into these remote areas and prospect. [/QUOTE]
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Gold Prospecting
Metal Detecting for Gold
Would you buy a lease, or going in shares of a lease?
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