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Post by missouriboy on Feb 17, 2023 0:31:24 GMT
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Post by walnut on Feb 17, 2023 1:53:22 GMT
With these tens of thousands of layoffs, earnings are going to go up. Productivity of labor dollars is going to go up. Ken and Karen should have gone back to the office after their little crisis vacation ended. Cindy is much cheaper, faster, and never complains (unless provoked).
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Post by walnut on Feb 19, 2023 6:40:02 GMT
Got lease on first property, cutting mile long access road now. Next lease should be out of lawyers in 2 or 3 weeks. Creepy uncle Joe can't keep us down for long. And as long as people like your product, and can pay (or trade) for it, you're set. Congratulations.
As a kid, I was fascinated with our local limestone quarries. They made great swimming holes. They are generally excavations done horizontally from the level of our incised creeks. Nearly vertical cliffs of Burlington Limestone on one-to-three sides and a hole in the middle. Ground water kept circulation up ... and lime is a natural anti-bacterial (I didn't know that then). None of us ever got sick ... and only the show-offs ever broke anything.  Potentially great building sites if properly landscaped. Alas ... the city filled in our old pool and built a warehouse on it. Yes, quarries and mines are fascinating places, fun to pick around and see whatever you can find. We have found arrowheads and a few other Indian tools (on top of the rock and under the sod), and many Paleozoic fossils. Our rocks are very old, I think it would be more interesting if it were late Cretaceous or so. We did close on the second lease, and have been producing out of the first. |
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Post by missouriboy on Feb 19, 2023 9:32:36 GMT
And as long as people like your product, and can pay (or trade) for it, you're set. Congratulations.
As a kid, I was fascinated with our local limestone quarries. They made great swimming holes. They are generally excavations done horizontally from the level of our incised creeks. Nearly vertical cliffs of Burlington Limestone on one-to-three sides and a hole in the middle. Ground water kept circulation up ... and lime is a natural anti-bacterial (I didn't know that then). None of us ever got sick ... and only the show-offs ever broke anything. Potentially great building sites if properly landscaped. Alas ... the city filled in our old pool and built a warehouse on it. Yes, quarries and mines are fascinating places, fun to pick around and see whatever you can find. We have found arrowheads and a few other Indian tools (on top of the rock and under the sod), and many Paleozoic fossils. Our rocks are very old, I think it would be more interesting if it were late Cretaceous or so. We did close on the second lease, and have been producing out of the first. I need to go down to my local quarry and drag home a couple of pickup loads of squarish to thinish slabs of Burlington limestone for wall and path construction. Mississippian age. Nothing big. Just stout. |
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Post by glennkoks on Feb 19, 2023 13:29:51 GMT
And as long as people like your product, and can pay (or trade) for it, you're set. Congratulations.
As a kid, I was fascinated with our local limestone quarries. They made great swimming holes. They are generally excavations done horizontally from the level of our incised creeks. Nearly vertical cliffs of Burlington Limestone on one-to-three sides and a hole in the middle. Ground water kept circulation up ... and lime is a natural anti-bacterial (I didn't know that then). None of us ever got sick ... and only the show-offs ever broke anything. Potentially great building sites if properly landscaped. Alas ... the city filled in our old pool and built a warehouse on it. Yes, quarries and mines are fascinating places, fun to pick around and see whatever you can find. We have found arrowheads and a few other Indian tools (on top of the rock and under the sod), and many Paleozoic fossils. Our rocks are very old, I think it would be more interesting if it were late Cretaceous or so. We did close on the second lease, and have been producing out of the first. Good luck to you Walnut. I tried to scan back over the post but what are you mining and where? |
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Post by glennkoks on Feb 19, 2023 13:46:03 GMT
I am still rather bearish. The Dow is still down below the level I bailed out 17 months ago. But not drastically so. It just seems stagnant. I am not sure where this goes but I still think downside risk outweighs upside potential. Especially so with the Fed raising rates. The cost of a new mortgage has doubled in the last year, new home permits are way down and several of the big banks have had their first round of layoffs. I am still skeptical of this economy. A Trump or Desantis win would in the minimum get the government out of the way. |
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Post by walnut on Feb 19, 2023 14:18:23 GMT
Yes, quarries and mines are fascinating places, fun to pick around and see whatever you can find. We have found arrowheads and a few other Indian tools (on top of the rock and under the sod), and many Paleozoic fossils. Our rocks are very old, I think it would be more interesting if it were late Cretaceous or so. We did close on the second lease, and have been producing out of the first. Good luck to you Walnut. I tried to scan back over the post but what are you mining and where? Various types of building stone. Our quarry is near Lake Eufaula, OK. There are deposits of this kind of layered stone running from about Eufaula, over to about Hot Springs, AR. It is really the far western part of the Appalachians. Quite a few quarries in the area. Some coal too, and lots of natural gas. Here is a link from a stone yard out in California, the picture is some of our stone. I'm not surprised that they are running a deep discount sale. Just last May, those pallets would have been $600 a piece in California. For the first time in a long time our industry is in a very bad downturn. Worst winter I have ever seen for business. We are waiting it out though, no price cuts. Real estate, construction, interest rate related businesses are DEAD right now. www.earthstonerock.com/price-per-ton-Oklahoma-Brown-Flagstone-Standup-p/2445fsxs150m.htm |
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Post by walnut on Feb 19, 2023 14:20:29 GMT
I am still rather bearish. The Dow is still down below the level I bailed out 17 months ago. But not drastically so. It just seems stagnant. I am not sure where this goes but I still think downside risk outweighs upside potential. Especially so with the Fed raising rates. The cost of a new mortgage has doubled in the last year, new home permits are way down and several of the big banks have had their first round of layoffs. I am still skeptical of this economy. A Trump or Desantis win would in the minimum get the government out of the way. Well, they flooded the economy with cash, that was the cause, but their "cure" is to shut down the economy. Since their stated goal is to slow down the economy, I take them at their word. It won't get much better until they decide that it should. I have no idea when. |
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Post by glennkoks on Feb 19, 2023 18:39:12 GMT
Good luck to you Walnut. I tried to scan back over the post but what are you mining and where? Various types of building stone. Our quarry is near Lake Eufaula, OK. There are deposits of this kind of layered stone running from about Eufaula, over to about Hot Springs, AR. It is really the far western part of the Appalachians. Quite a few quarries in the area. Some coal too, and lots of natural gas. Here is a link from a stone yard out in California, the picture is some of our stone. I'm not surprised that they are running a deep discount sale. Just last May, those pallets would have been $600 a piece in California. For the first time in a long time our industry is in a very bad downturn. Worst winter I have ever seen for business. We are waiting it out though, no price cuts. Real estate, construction, interest rate related businesses are DEAD right now. www.earthstonerock.com/price-per-ton-Oklahoma-Brown-Flagstone-Standup-p/2445fsxs150m.htmThat is a very interesting business. Sorry about the downturn. The Fed raising rates is killing real estate. While I am not in the mining industry one of my side hustles is reclaimed lumber. My biggest source of reclaimed lumber is from a granite company that imports from Spain. The beams are used at the bottom of the large metal frames they import the granite on. It is not cost effective to ship the wood back so it becomes surplus dunnage. Woodworkers in Houston love the wood, it keeps it out of the landfill and I turn a very small investment into a pretty decent return.  |
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Post by Sigurdur on Feb 19, 2023 20:13:01 GMT
That is some impressive timber!!
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Post by walnut on Feb 19, 2023 22:38:52 GMT
Various types of building stone. Our quarry is near Lake Eufaula, OK. There are deposits of this kind of layered stone running from about Eufaula, over to about Hot Springs, AR. It is really the far western part of the Appalachians. Quite a few quarries in the area. Some coal too, and lots of natural gas. Here is a link from a stone yard out in California, the picture is some of our stone. I'm not surprised that they are running a deep discount sale. Just last May, those pallets would have been $600 a piece in California. For the first time in a long time our industry is in a very bad downturn. Worst winter I have ever seen for business. We are waiting it out though, no price cuts. Real estate, construction, interest rate related businesses are DEAD right now. www.earthstonerock.com/price-per-ton-Oklahoma-Brown-Flagstone-Standup-p/2445fsxs150m.htmThat is a very interesting business. Sorry about the downturn. The Fed raising rates is killing real estate. While I am not in the mining industry one of my side hustles is reclaimed lumber. My biggest source of reclaimed lumber is from a granite company that imports from Spain. The beams are used at the bottom of the large metal frames they import the granite on. It is not cost effective to ship the wood back so it becomes surplus dunnage. Woodworkers in Houston love the wood, it keeps it out of the landfill and I turn a very small investment into a pretty decent return. That is really good looking wood. straight, too. |
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Post by ratty on Feb 20, 2023 3:55:53 GMT
[ Snip ] That is really good looking wood. straight, too. Male or female? |
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Post by missouriboy on Feb 20, 2023 6:01:08 GMT
Good luck to you Walnut. I tried to scan back over the post but what are you mining and where? Various types of building stone. Our quarry is near Lake Eufaula, OK. There are deposits of this kind of layered stone running from about Eufaula, over to about Hot Springs, AR. It is really the far western part of the Appalachians. Quite a few quarries in the area. Some coal too, and lots of natural gas. Here is a link from a stone yard out in California, the picture is some of our stone. I'm not surprised that they are running a deep discount sale. Just last May, those pallets would have been $600 a piece in California. For the first time in a long time our industry is in a very bad downturn. Worst winter I have ever seen for business. We are waiting it out though, no price cuts. Real estate, construction, interest rate related businesses are DEAD right now. www.earthstonerock.com/price-per-ton-Oklahoma-Brown-Flagstone-Standup-p/2445fsxs150m.htmI like the look of your flagstone Walnut. Just prepping the ground for laying could be a hell of a job. |
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Post by walnut on Feb 20, 2023 14:06:31 GMT
Various types of building stone. Our quarry is near Lake Eufaula, OK. There are deposits of this kind of layered stone running from about Eufaula, over to about Hot Springs, AR. It is really the far western part of the Appalachians. Quite a few quarries in the area. Some coal too, and lots of natural gas. Here is a link from a stone yard out in California, the picture is some of our stone. I'm not surprised that they are running a deep discount sale. Just last May, those pallets would have been $600 a piece in California. For the first time in a long time our industry is in a very bad downturn. Worst winter I have ever seen for business. We are waiting it out though, no price cuts. Real estate, construction, interest rate related businesses are DEAD right now. www.earthstonerock.com/price-per-ton-Oklahoma-Brown-Flagstone-Standup-p/2445fsxs150m.htmI like the look of your flagstone Walnut. Just prepping the ground for laying could be a hell of a job. Yeah it is, it just depends on how sturdy of a job you want it to be. I put in my own flagstone patio but that's about my only experience with it. A crew of good Mexicans can make it look easy. The lady who built this wedding venue place bought about semi load if I remember and she did almost the whole place herself in less than a week. Some people can get after it. www.hiddenporchweddings.com |
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Post by walnut on Feb 22, 2023 15:11:54 GMT
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Potentially great building sites if properly landscaped. Alas ... the city filled in our old pool and built a warehouse on it. 
