Stormborn & Goldfinger
Stormborn Stormborn
Hey Goldfinger, heard there's a hidden canyon up north that might be packed with rare quartz. I’ve mapped a path through it and think we could dig up a chunk of it—could be a good way to turn a rugged adventure into a profitable venture. What’s your take on that?
Goldfinger Goldfinger
Sounds tempting, but let’s not get lost in the scenery. How many tons of quartz do you think we’ll haul, and what’s the cost of getting in, drilling, and hauling it out? If the numbers line up, I’m in—if not, we’re just chasing a rock. Let's get the figures, then we can raise a glass to a profitable adventure.
Stormborn Stormborn
I’d say we’re looking at maybe 3 to 4 tons of quartz if the canyon’s right. The drill‑up will cost around $15,000 for the rig and crew, plus $2,000 for permits and transport gear. Hauling it out from the canyon will be another $8,000 in fuel, trucks, and labor. That brings the total to roughly $25,000 to $27,000. If the quartz sells for about $300 a ton on the market, we’re looking at a net of $300 to $400 per ton after costs, so around $900 to $1,200 profit for the haul. Sound good enough to grab a drink and get moving?
Goldfinger Goldfinger
Honestly, that math is a hole in your pocket – you’ll lose money, not win it. We need either a higher sale price, more tonnage, or a cut in costs. If you can’t get the numbers to line up, we’re better off raising a glass and looking for a better opportunity.
Stormborn Stormborn
You’re right, that line‐up ain’t cutting it. I’m thinking we push the haul to six tons, slash the drill cost by renting a smaller rig and doing the work ourselves—should drop that to about $8,000. If we can swing the quartz to $350 a ton, that’s $2,100 a ton before costs, so we’re looking at $12,600 total gross. After $8,000 drill, $8,000 haul, we’re at $12,600 minus $16,000 = –$3,400? No, I’d negotiate a better sale price with the buyers—maybe $450 a ton if the quality’s good—then we’re up to $18,900 gross. Subtracting $16,000 gives $2,900 profit. That’s a win if we get the price. If we can’t get the higher price, I’ll look for a canyon with twice the quartz density. Sound like a plan?
Goldfinger Goldfinger
Sounds like you finally found the sweet spot, but you still need a solid buyer or a price lock. Get a firm contract before you start drilling, or you’ll end up chasing a lower price. If the canyon can’t supply the quality you need, it might be cheaper to buy a chunk of quartz from a mining company instead of digging your own. Let’s line up a buyer who will pay that $450 a ton and keep a margin cushion in case the market shifts. Once we’ve secured the deal, we can move from planning to profit. Cheers.