[meteorite-list] Ad New Canadian Meteorite for sale

[Michael Farmer]

Steve, I am sorry, but your comment than they wont make profit at $50 or even $100 gram made me almost fall out of my chair! Lets see, a kilo at $50 gram = $50,000. 
Lets say half goes to the landowner, $25000.00
Plane ticket to Edmonton/Calgary/Saskatoon, all three less than $1000 if I want to go today. Rental car for a week, $500.00
Hotels and food for a week, another $800.00.
Time, say $2500.00
other expenses, say another $1000

Still leaves over $18000.00 free. 
Please, what you are saying about values can be true, but lets not get retarded here. At that price some real money will be made for a week in the field. I should know, I have enough international hunts, and this one would be about the cheapest one out there.
They deserve it, no question there, just dont try and say no profit will be made, that is a joke I have to call you on.

International FALL chases I have done so I think I know about trip expedition expenses.
Kendrapara, India
Thuathe, Lesotho x 2
Bensour, Morocco
Bilanga, Burkina Faso X 2
Berduc, Argentina 
Cali, colombia x 5
Carancas, Peru
Ourique, Portugal
Villabeto de la Pena, Spain
Puerto Lapice, Spain
Moss, Norway
Tagish Lake, Canada




--- On Fri, 12/5/08, MeteorHntr at aol.com <MeteorHntr at aol.com> wrote:

> From: MeteorHntr at aol.com <MeteorHntr at aol.com>
> Subject: Re: [meteorite-list] Ad New Canadian Meteorite for sale
> To: star_wars_collector at yahoo.com, meteorite-list at meteoritecentral.com
> Date: Friday, December 5, 2008, 11:34 AM
> In a message dated 12/5/2008 12:16:00 P.M.  Central Standard
> Time, 
> star_wars_collector at yahoo.com writes:
> I agree 100% on  this. $50 per gram is too high, the
> Carancas for example was 
> $100 per gram at  first, now it can be had for under $20
> per gram.
> I have read several places  that it is only valued at $1 -
> $10 per gram. I 
> will wait a bit  myself.
> 
> Greg
> 
> 
> Greg and All,
> 
> I tend to agree that the  price MIGHT drop to $10/g,
> especially if there is a 
> high degree of rusting on  the specimens found later next
> year.
> 
> However, there is a chance the  Canadians might offer to
> buy all or most of 
> the ones already found.
> 
> If  the land owners can get a tax credit on $50/g to donate
> them, everyone up 
> there  might be happy to donate them, and at a 50% tax
> rate, that is the same 
> as  getting $25/g cash in hand to the overtaxed Canadians.
> 
> It sounds like  most of the land owners are very wealthy,
> so money may not 
> mean anything to  them.  They might donate them all and not
> even care about a 
> tax break or  cash values at all.
> 
> If only a few kilos make it to the market place, then  we
> could see the value 
> be higher than $10/g.
> 
> If we seen hundreds of rusty  kilos coming onto the market,
> then we could see 
> the prices end up way below  $10/g.
> 
> In any case, we probably will have to wait for the 6 months
> to  pass to see 
> what is not purchased by the Canadian Government.
> 
> One thing  is sure, if ALL the masses were put on a
> restricted Canadian only 
> collector  market, a few hundred kilos would probably sell
> for $0.10 a gram or 
> even  less.
> 
> A smart thing might be to buy one specimen from Sonny and
> McCartney  NOW at 
> $50/g and then buy more later at $10/g and if the price
> goes down to  under 
> $1/g then buy so much more that you will have cost averaged
> your first  purchase 
> at $50/g down to a reasonable level.
> 
> Of course, if you are one  of those people that get a rush
> at owning the 
> newest most famous meteorite that  everyone is talking
> about around the water 
> cooler, then how can you put a value  on that???
> 
> :-)
> 
> And also, realize that if you do buy a meteorite  from
> Sonny and McCartney 
> now, you are investing into field recovery.  I  seriously
> doubt they will make a 
> profit on this trip even if they sold what  little they
> found at $100/g, but 
> if they can come close to breaking even, maybe  next time
> they will again be 
> able to afford to get on the scene early and find  more.
> 
> And at the very least, we should congratulate them on
> getting to  the scene 
> and making an effort.   
> 
> Good job guys, and  congratulations!
> 
> Steve Arnold #1
> www.SteveArnoldMeteorites.com  
> 
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