If I had an unlimited amount of time and funds to make my Genius Hour Project all it could be, what would it look like?
The cost to start up a large scale mining operation is extremely expensive and high risk. Between the wash plant, the heavy machinery for moving around pay dirt, and the cost to mine a certain piece of ground is more than most people spend in their entire lives. The risk is tremendously high because if you fail to pull gold out of the ground then the bills go unpaid and you loose everything. These are the things that keep me and most others from attempting to strike it rich by gold mining.
If things were different and I had unlimited funds and unlimited time then there would be no risk and I would have the gold mine of my dreams. Like most gold miners now a days I would head up to the Klondike. I would do a lot of prospecting and buy up all the land that I found to be rich in gold. I would get together a crew of workers who are also interested in mining gold. To motivate them to work hard I would pay them all a percentage of the gold mined that week. Eventually I would have multiple mines and even lease land to other miners for a percentage of the gold.
My mines would consist of the best mining equipment known to man. They would all have giant wash plants that run more than 50 yards of pay dirt an hour. They would each have a giant D10 bull dozer for clearing the land down to bedrock. They would all need a dump truck for hauling dirt, a front end loader for loading dirt, and an excavator for digging holes. With unlimited funds and time I would be able to live my dream of having the most successful gold mining operation in North America.
The cost to start up a large scale mining operation is extremely expensive and high risk. Between the wash plant, the heavy machinery for moving around pay dirt, and the cost to mine a certain piece of ground is more than most people spend in their entire lives. The risk is tremendously high because if you fail to pull gold out of the ground then the bills go unpaid and you loose everything. These are the things that keep me and most others from attempting to strike it rich by gold mining.
If things were different and I had unlimited funds and unlimited time then there would be no risk and I would have the gold mine of my dreams. Like most gold miners now a days I would head up to the Klondike. I would do a lot of prospecting and buy up all the land that I found to be rich in gold. I would get together a crew of workers who are also interested in mining gold. To motivate them to work hard I would pay them all a percentage of the gold mined that week. Eventually I would have multiple mines and even lease land to other miners for a percentage of the gold.
My mines would consist of the best mining equipment known to man. They would all have giant wash plants that run more than 50 yards of pay dirt an hour. They would each have a giant D10 bull dozer for clearing the land down to bedrock. They would all need a dump truck for hauling dirt, a front end loader for loading dirt, and an excavator for digging holes. With unlimited funds and time I would be able to live my dream of having the most successful gold mining operation in North America.