Alright, I am 15 years old. I really need to make money but I have no idea how. I have tried everything. Any jobs I would get would not provide a steady source of income that I need. You have to be 16 to work anyways. I have tried online surveys but it is not worth if.
Anyways, I’ll get to the point. After checking the price of gold today, it made me wonder. Could prospecting pay off some day? Now, I live in California, I live close to motherlode county etc. I went to a river with my friends one day and I started panning. I found an area that looked good for panning and after about 3 hours of nonstop panning, I had a little under a half gram of flakes. That is not worth that much but hey it’s money.
Now, If I wanted to get serious about this, I could invest my money into prospecting equipment, dredges, drywashers, pans, sluice boxes, a metal detector etc. If I did this, I could work that river all summer long and see how much gold I would have in the end. I could possibly even find a large nugget but that would be very rare.
I have no idea how this would go though, it would be a complete gamble but it could possibly be worth the money in the long run.
What do you think about this?