[meteorite-list] meteorites, state of our world etc...

From: Bob Loeffler <bobl_at_meteoritecentral.com>
Date: Wed, 16 May 2012 08:57:43 -0600
Message-ID: <811A28A7705941D0A852ACAA9E3F921C_at_dell>

HI Chris,

One problem that I can think of would be... what if you had 50 investors who
financed the expedition and only 1 small stone was found? Many people would
not want that stone to be cut up (besides cutting a window in it for
classification purposes), so all of those people would come away with
nothing even though a stone was found. So this would have to be agreed upon
before any money is invested. I guess there could be some cutting scraps
from the "windowing" that could be split up, but splitting that 50 ways
would be almost impossible because it would be dust, not even sand-sized
particles.

If two or more stones were found, then keep the largest (or most aesthetic)
intact and cut up the other one into as many pieces as there are investors,
plus the meteorite hunter(s). So everyone gets a piece and the largest/best
is kept in its natural state for all to see (museum or whatever). Again, it
would have to be decided from the very start what to do with the
largest/best stone. Does the met hunter get it or does it get donated to
the hunters' museum of choice? Then individual investors can keep theirs or
donate to museums of their choice.

But I do like your idea. It would help the met hunters do their "job"
because they wouldn't have to come up with the capital ASAP when a met event
occurs like they do now, and it would allow some of us to get in on the
action without doing the hunting ourselves. I won't be able to do this
anytime soon (I have a baby due on June 1, although she might be arriving a
little sooner because my wife was ready to pop a couple weeks ago), but I do
like the idea.

Regards,

Bob L



-----Original Message-----
From: meteorite-list-bounces at meteoritecentral.com
[mailto:meteorite-list-bounces at meteoritecentral.com] On Behalf Of chris
handler
Sent: Tuesday, May 15, 2012 6:29 PM
To: meteorite-list
Subject: Re: [meteorite-list] meteorites, state of our world etc...

To be honest, I would consider doing this with an experienced hunter
such as yourself. It wouldn't be too dissimilar to buying shares in a
startup company.
This may be a simple way of looking at it, but it could work something
like this; A new fall occurs somewhere and it's going to cost roughly
$10,000 to hunt (Just an example, I have no idea of the actual costs
involved). As you are the one putting your time, personal risk and
expertise into the hunt, the $10,000 represents only 50% of the total
resources used.
So, if I invested the whole $10,000 and you recovered 10KG of
material, it would be split 5KG each way. Now $10,000 might be to much
for any one person to want to risk on the venture or come up with up
front, so you could offer smaller shares at a more affordable price.
The $10,000/50% stake could be offered in 50X 1% shares. Each investor
would only receive 100 grams of the 10KG in this scenario, but they
would have only risked $200 (plus postage and handling, if the hunt is
successful) and you've still received 50% of the meteorites without
any of the capital expenditure. I'm positive there's aspects I haven't
considered, so please critique it.

On 5/16/12, Michael Farmer <mike at meteoriteguy.com> wrote:
> I agree that the financial aspect of meteorites is difficult, yet who is
> going to pay the expenses of hunters like myself who often risk life or at
> least thousands to tens of thousands of dollars to go around the world and
> bring them back?
> If those who don't like the prices want to fund my trips up front, taking
> the same risks I take, perhaps to lose all their money, the I will send
you
> my bank account # to prepay for your specimens up front. Of course if I
> don't get any or get robbed then you
> Lose all your money, any takers?
> Michael Farmer
>
> Sent from my iPhone
>
> On May 15, 2012, at 11:26 AM, "Michael Bross" <element33 at peconic.net>
> wrote:
>
>> Dear list
>>
>> I am really enjoying following this forum for many years now.
>>
>> I also have to say, that it is a great mirror of what is going on
>> on our Earth, in our World... with the crisis, the $$$ being more
>> and more important etc... etc...
>>
>> Just glad I didn't become too crazy about Meteorites, I mean for the
>> prices...
>> and the quite new trend and kind of mainstream "gold rush" feel.
>>
>> I really want to thank everyone here that continues to discuss about
>> Meteorites
>> in a "spiritual", metaphysical way.
>> Because, beyond the "human" greed... the meteorites are much more...
>> soo much more... don't you agree ?!
>>
>> Last sunday, I was in an "abandoned" ex-Royal Quarry in France,
>> a quarry opened up by Louis the 14th.
>> I was with a friend, we found some amazing looking rocks (shape and feel)
>> ,some are fossils or dendrites or both...
>> ... they are worth... a couple $$$... but so MUCH in feel and joy !
>>
>> Here my 2 cents... in a world which is somehow loosing track to what
>> really matters... feelings, roots, our human condition... etc...
>>
>> Regards
>> Michael B.
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Received on Wed 16 May 2012 10:57:43 AM PDT