Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

CK_John

(10,005 posts)
Tue Feb 10, 2015, 10:12 AM Feb 2015

It worked in 1849, if you want to colonize an area start a gold rush.

A herdsman in China’s remote far west has struck gold after stumbling upon a huge nugget of the precious metal estimated to be worth at least $250,000, state media reported Thursday.

The 7.85 kilo chunk was discovered “practically lying on bare ground”, the official Xinhua news agency said, quoting the herder, an ethnic Kazakh named Berek Sawut.

He found the golden lump, described in the report as “random-shaped” and about 23 centimetres long, 18 centimetres at its widest and up to eight centimetres thick.

Link:
http://www.theguardian.com/world/2015/feb/06/chinese-farmer-finds-gold-nugget-worth-25000-on-the-ground

IMO, it looks like fool's gold
12 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
It worked in 1849, if you want to colonize an area start a gold rush. (Original Post) CK_John Feb 2015 OP
Nope. It's clearly real gold. MineralMan Feb 2015 #1
troy or regular? hobbit709 Feb 2015 #4
Good point. MineralMan Feb 2015 #5
I love the California white granite gold specimens. ... pipoman Feb 2015 #7
Gold is traded in troy ounces Art_from_Ark Feb 2015 #8
that ain't no pyrite hobbit709 Feb 2015 #2
Right - and Calif's Gold Rush was faked FreakinDJ Feb 2015 #3
I'm not sure that's the argument; I think it's more that people noted that el_bryanto Feb 2015 #6
There are actual veins of gold in California and many of the pipoman Feb 2015 #10
I've panned Gold in the Seirras FreakinDJ Feb 2015 #11
Don't call it Frisco... Brother Buzz Feb 2015 #12
Well this can't worry Tibet Fearless Feb 2015 #9

MineralMan

(146,317 posts)
1. Nope. It's clearly real gold.
Tue Feb 10, 2015, 10:18 AM
Feb 2015

I'm guessing it's worth more than $250K, too. How many ounces in a kilo?

MineralMan

(146,317 posts)
5. Good point.
Tue Feb 10, 2015, 10:23 AM
Feb 2015

Anyhow 7+ kilos is a bunch of ounces. In any case, its value as a specimen far exceeds its value by weight. Large river-worn gold nuggets like that are super rare, and rich collectors pay $$$$ for them.

I used to be in the mineral specimen business, BTW.

 

pipoman

(16,038 posts)
7. I love the California white granite gold specimens. ...
Tue Feb 10, 2015, 10:41 AM
Feb 2015

Saw my first one in San Francisco's gold rush museum. ...since I've purchased a couple small specimens.

Art_from_Ark

(27,247 posts)
8. Gold is traded in troy ounces
Tue Feb 10, 2015, 10:51 AM
Feb 2015

There are 31.1 grams in a troy ounce, so there are 32.15 troy ounces in a kilogram.

 

FreakinDJ

(17,644 posts)
3. Right - and Calif's Gold Rush was faked
Tue Feb 10, 2015, 10:19 AM
Feb 2015

To steal the land from Mexico

Talk about attempting to rewrite history

el_bryanto

(11,804 posts)
6. I'm not sure that's the argument; I think it's more that people noted that
Tue Feb 10, 2015, 10:25 AM
Feb 2015

the Gold Rush in California (and the Yukon) brought a lot of people to those territories. In the case of California they stayed. It's not unreasonable to assume that they might try to replicate that history in our day.

But then again, fake gold is relatively easy to detect, so it's at least as likely that there is real gold out there.

Bryant

 

pipoman

(16,038 posts)
10. There are actual veins of gold in California and many of the
Tue Feb 10, 2015, 11:00 AM
Feb 2015

Original prospectors became wealthy simply picking nuggets off the ground....the land was already granted to the US in the Treaty of Guadalupe Hidalgo in 1848 before the actual start of the gold rush.

Edit, on second reading it looks like you may have been being sarcastic?

 

FreakinDJ

(17,644 posts)
11. I've panned Gold in the Seirras
Tue Feb 10, 2015, 12:37 PM
Feb 2015

Its real alright

But yet South of the Border the story has been circulated the Calif Gold Rush was faked to steal the land from Mexico

I thought that was what the original Op was referring to

Brother Buzz

(36,440 posts)
12. Don't call it Frisco...
Tue Feb 10, 2015, 01:19 PM
Feb 2015

and don't call the Sierra, Sierras

"The name Sierra is already a plural. To add an s is a linguistic, Californian, and mountaineering sin." - Ansel Adams


I'm kidding because we've mostly lost the war on correcting people about it, but it's something that was drummed into me as a kid.

Latest Discussions»General Discussion»It worked in 1849, if you...