That's exactly what they did...Ended up filing for BK a couple years ago. Mining greed cliche since mining was a thing. Should have stuck to the Bering sea, where they knew easy gold was. Steve on the Christine Rose, and Shawn running the dredging operation; Banked 800K per year, rolling it into dividend paying stock, and an IRA; Both could be retired now...
Shawn has a big heart to continue to finance the onshore new mining operation. I can see Steve’s point of view thought. Steve and Shawn must have a pretty good onshore claim already secured to invest so much money into👍 More videos to come I suppose….yippie 😄
I bet Shawn feels a lot better these days, not working for his dad that used the crap out of him and the got a loan against the digger and left Shawn high and dry. So when the old man talks about "for the kids" you know he's bull**itting in front of the camera so he doesn't look so bad to the world. As much gold as that family( I mean Shawn) has dug out of the ground for the old man to spend it all back on more equipment to dig gold out of the ground doesn't make any sense to me. Which is probably why we never see the stats of the inland mining operation, because it wasn't worth it, and people would have eventually gave the old man a lot of grief.
this guy is greedy but greed fuels capitalism. If he really made 6 mill profit in 5 years, he should have at least 5 left (considering he spent a mill living it up in 5 years). That's more than enough for a couple to retire on with dividend yields in blue chip stocks. This guy might be smart when it comes to mining, but his financial acumen leaves a lot to be desired... I know plenty of guys like him and they just scrape by in life.
Wait till you throw everything to the universe and actually get out there and you have a crack at it and hear a right tone on your detector or pan out some good colours,🖕,dude you don't know what life's about,🖕relying on govt or the.corporation life sucks 🖕🇭🇲
“Gotta take risks out here or else you’ll be behind a desk working for the government, that ain’t Pomrenske’s” 💯 that’s motivation
No one said they have millions of dollars. They spend it as fast as they make it in order to expand and grow. That’s how you run a business
Not everybody has a company gas card!!
@@GoldFeather-li8zm 😊q
That's how you run a business into the ground😂!
That's exactly what they did...Ended up filing for BK a couple years ago. Mining greed cliche since mining was a thing. Should have stuck to the Bering sea, where they knew easy gold was. Steve on the Christine Rose, and Shawn running the dredging operation; Banked 800K per year, rolling it into dividend paying stock, and an IRA; Both could be retired now...
Thanks for the video. lots of work.
MUCH RESPECT SHAWN! You have it all sir! Drive…determination… knowledge. You are the best of the best!
By spending and expanding so much Steve pretty much pushed Shawn into the beast he is today
Ole Shawn can be a bit rough around the edges but he can fix just about anything which allows him to keep moving forward. 😊
Shawn's my kind of Gold Miner!!!
Steve understands what building a family legacy, is all about...not in it, just for himself
That was impressive!
I liked how he slid down the cable even though there’s a ladder welded to the beam
Shawn has a big heart to continue to finance the onshore new mining operation. I can see Steve’s point of view thought. Steve and Shawn must have a pretty good onshore claim already secured to invest so much money into👍 More videos to come I suppose….yippie 😄
Made me laugh when reaper was mining in-between them and only got 6oz while they got almost 200oz
Boy if ever a son had to go his own way and cut ties from his dad it's Shawn Pomrenke.
Uhhh ok?
Funny how we want a last hurah befor we go
How can 77oz only be worth $92,000 that come out to be $1194 per ounce
Needs a nice lecture from tony beats
Old footage same machine from years ago
I havet a nuy idea too you ond land vite car and land vit skoffelbård andre tracs..😮😊 kan virke for free ven æ dont havet greenkard
Why
6 yr old video...uploaded 2 wks ago lol.
I bet Shawn feels a lot better these days, not working for his dad that used the crap out of him and the got a loan against the digger and left Shawn high and dry. So when the old man talks about "for the kids" you know he's bull**itting in front of the camera so he doesn't look so bad to the world. As much gold as that family( I mean Shawn) has dug out of the ground for the old man to spend it all back on more equipment to dig gold out of the ground doesn't make any sense to me. Which is probably why we never see the stats of the inland mining operation, because it wasn't worth it, and people would have eventually gave the old man a lot of grief.
It only takes a few million to retire on! FOR LIFE.. If i can't live off the interest of a million dollars? THERE IS SOME THING WRONG WITH ME
this guy is greedy but greed fuels capitalism. If he really made 6 mill profit in 5 years, he should have at least 5 left (considering he spent a mill living it up in 5 years). That's more than enough for a couple to retire on with dividend yields in blue chip stocks. This guy might be smart when it comes to mining, but his financial acumen leaves a lot to be desired... I know plenty of guys like him and they just scrape by in life.
I can spend that millions in a year
@@ryanferrier9964 Greed is evil 👍
@@jasonnester9514 Any one can. But Why? Why not live off the interest? Enjoy life. I don't want to work all my life. I want to Enjoy life
I'm guessing rent boys are expensive in Alaska.
It amazes me that gold is so valuable. It’s pretty much in my opinion the ugliest looking mineral in color on the planet and it’s tacky looking.
@Johnz smith not looks then when. Makes it value
@Johnz smith why lead
@Jason Nester 😂😂 why lead, if you dnt know you won't see it coming and you Def not ready.
@@jdonez8347 ohhhh duhhhh I gotcha I was thinking lead sinkers and batteries
Nopeeeee
Ya I’m collecting lead to lol
Wait till you throw everything to the universe and actually get out there and you have a crack at it and hear a right tone on your detector or pan out some good colours,🖕,dude you don't know what life's about,🖕relying on govt or the.corporation life sucks 🖕🇭🇲
This mode of operation can not be doing much good for marine life. Anyone know how they deal with that issue?
where they mine, and remember the tailings and anything else gets washed rt back in, ecosystem impact very minimal where they allowed