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Sunday, 22 April 2012

Gold rush: California's weekend warriors discover prospecting

With the precious metal still selling for more than $1,600 an ounce even after a mild correction, amateurs and even a few pros are hiking mountain trails and panning streams in the Golden State, enjoying nature and, with any luck, turning a profit in the process.

“People are looking for fun that doesn’t cost a whole lot of money,” said Nancy Roberts, president of Central Valley Prospectors. “But maybe you can make some money.”

Roberts has been a gold hunter for more than a quarter of a century, and she’s found plenty of the yellow stuff. She carries a 1 ounce nugget in her purse and, in a pinch, she’s sold gold she found to make ends meet.

“I’ve paid bills, I’ve paid rent. I’ve bought tires for my truck, I’ve fixed my vehicle,” Roberts said. “I didn’t find gold in order to pay for stuff or to sell it. I really found gold because I really had a great interest in it and I still do.”

Read more: http://www.foxnews.com/us/2012/04/18/gold-rush-california-weekend-warriors-discover-prospecting/#ixzz1sldv4oZq

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