M's Mining Log

Monstradamus

Provider
Joined
Apr 19, 2007
Posts
175
Location
CND
Society
Freelancer
Avatar Name
Mikhail Monstradamus Vedmedov
Ok, some time ago I already tried making a mining log here, but after a few runs was almost out of peds and decided to stop. Recently, though, I decided to take up mining again :) . First day I got a 120ped profit :yay: ... Second day I was stuck with 30% returns and over a 180ped loss :( . Since now I am left with a nice round number of bombs (200) I am starting a mining log which will hopefully help me manage my mining a little better as well as help/entertain people here on EF. enjoy ;)

The Layout

Equipment/Skills:

~Starting with Level 10 in Prospecting and Level 9 in Mining
~Ore Finder OF-105 (full tt)
~TT Ore Excavator (full tt)
~200 bombs
~no armor/faps or weapons
~no amps as I cannot afford them

Runs:

~Unless a run goes really poorly I will try to drop at least 100 bombs
~1-4 runs per day
~Will continue until I run out of cash
~All will take place on planet as I do not have enough funds for mining on CND
~Recording of runs will be as detailed as in my previous (failed) mining log but with a few changes


--------PART ONE----------

TOTAL RUNS: 12
TOTAL BOMBS DROPPED: 1444
TOTAL PROFIT/LOSS: 315.86 profit


SKILLS:
0k bombs:[click]
1k bombs:[click]


--------PART TWO----------

TOTAL RUNS: 10
TOTAL BOMBS DROPPED: 1860
TOTAL PROFIT/LOSS: 501.02 loss


SKILLS:
0k bombs:[click]
1k bombs:[click]
 
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~All will take place on planet as I do not have enough funds for mining on CP/CND

Afaik you can't mine on CP but GL on trying that! :laugh: Maybe the MA has made a secret update that enables it... O_O
 
Afaik you can't mine on CP but GL on trying that! :laugh:

:) Good thing I wasn't going to even try. (are you sure it's unmineable though?)

Anyways, first run coming soon.
 
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RUN 1

Location: SE Amethera
Bombs dropped: 90
Claims:

~Belkar -
.....III 365m
.....III 552m
.....IV 554m
.....IV 387m
.....XI 571m
.....XI 343m

~Caldorite -
.....V 310m
.....V 646m
.....V 484m

~Zinc -
.....III 493m
.....III 573m
.....III 512m
.....V 490m
.....V 526m

~Narcanisum -
.....V 598m

~Blausariam -
.....III 559m

~Quantium -
.....III 625m

17/90 = 18.8%

Returns:
[Ore - tt value - daily markup - potential value with markup]
~Belkar 74.12 (122%) 90.43
~Caldorite 12.41 (128%) 15.88
~Zinc 11.00 (113%) 12.43
~Narcanisum 3.20 (151%) 4.83
~Blausariam 1.16 (109%) 1.26
~Quantium 1.20 (133%) 1.59

TT return: 103.09
Potential Marked up return: 126.42
Actual Return: 124.80
Decay: 2.34

Skills After Run (compare to ones in introduction): [click]

Conclusion:

Total Cost: 92.34
Total Return: 124.80
Total Profit: 32.46 :yay:

Run was pretty average, the 2 XI Belkar claims I got in the very beginning near the Rea's Defence TP. Could have had a much better profit if i'd stopped earlier, but imho I would have just lost more peds on next run if I was to do that.
 
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RUN 2

Location: Oshiri
Bombs dropped: 110
Claims:

~Megan -
.....III 369m
.....III 460m
.....III 668m
.....III 526m
.....III 581m
.....IV 650m
.....V 471m
.....V 442m
.....V 691m
.....V 549m
.....VIII 553m
.....XIII 526m [pic]

~Niksarium -
.....III 538m
.....III 512m
.....V 355m
.....V 431m
.....V 644m
.....V 447m
.....V 555m

~Durulium -
.....II 510m
.....II 712m
.....II 652m
.....III 453m
.....IV 572m
.....XI 410m

25/110 = 22.7%

Returns:
[Ore - tt value - daily markup - potential value with markup]
~Megan 86.58 (116%) 100.43
~Niksarium 20.80 (176% weekly) 36.60
~Durulium 38.40 (131%) 50.30
1.30 (2.29) Niksarium and 0.18 (0.21) ped Megan Stone saved

TT return: 144.30
Potential Marked up return: 184.83
Actual Return: 198.62 (niks and meg sold after refined so daily % mu was a bit higher)
Decay: 2.51
Bought Refiner: 2.00

Skills After Run (compare to ones in run 1): [click]

Conclusion:

Total Cost: 114.51
Total Return: 198.62
Total Profit: 84.11 :yay:

NOTE: Saved minerals will be added to the profit of the run after which they are sold

This Run started out really bad (21 NRFs) but 22nd bomb was a III Megan Stone which I promptly re-bombed and got the nice 53 pedder. After this the run continued averagely well with a III IV or V claim every 2-5 bombs. In the middle of the run my intuition told me to go out near the water onto a little flowery beach. Thats where I got the XI duru as well as a few other claims.
 
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RUN 3

Location: Emerald Lakes & Shinook
Bombs dropped: 119
Claims:

~Gazzurdite -
.....III 438m
.....III 711m
.....III 522m
.....III 458m
.....III 561m
.....III 302m
.....III 331m
.....III 421m
.....III 474m
.....IV 543m
.....IV 676m
.....IV 362m
.....IV 561m
.....IV 466m
.....IV 651m
.....V 509m
.....V 317m
.....V 512m
.....VIII 527m
.....IX 460m

~Durulium -
.....II 421m
.....II 406m
.....IV 674m
.....IV 568m
.....V 587m
.....V 442m
.....VI 537m

~Kanerium -
.....IV 713m

~Belkar -
.....III 552m
.....IV 626m


30/119 = 25.2%

Returns:
[Ore - tt value - daily markup - potential value with markup]
~Gazzurdite 61.75 (129%) 79.65
~Durulium 22.40 (131%) 29.34
~Kanerium 2.50 (170%) 4.25
~Belkar 3.98 (123%) 4.89
Niksarium 1.30 (176%) 2.29 (see run 2)

TT return: 91.93
Potential Marked up return: 120.42
Actual Return: 116.51
Decay: 2.62

Skills After Run (compare to ones in run 2): [click]

Conclusion:

Total Cost: 121.62
Total Return: 116.51
Total Loss: 5.11

Note: This run was better than I thought it was going to be ;)

Run started out pretty poorly with a claim every 4-8 bombs but fortunately picked up speed after i was down to about 30 bombs and I was able to almost break even. Making a team named "Ruga ruga ruga ruga!" alas did not help me find any Rugaritz :(
 
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RUN 4

Location: TI and Oyster Isle
Bombs dropped: 113
Claims:

~Durulium -
.....II 361m

~Cobalt -
.....II 638m

~Gazzurdite -
.....V 677m

~Belkar -
.....IV 358m
.....V 462m
.....V 461m
.....V 359m
.....VI 626m

~Niksarium
.....III 488m
.....III 472m
.....III 452m
.....IV 655m
.....V 357m
.....V 555m
.....V 443m
.....VI 578m
.....IX 591m

17/113 = 15%

Returns:
[Ore - tt value - daily markup - potential value with markup]
~Gazzurdite 3.25 (129%) 4.19
~Durulium 0.80 (131%) 1.04
~Cobalt 0.80 (126%) 1.00
~Belkar 18.76 (123%) 23.07
~Niksarium 42.25 (176% weekly) 74.36

TT return: 65.86
Potential Marked up return: 103.66
Actual Return: 100.50
Decay: 2.49

Skills After Run (compare to ones in run 3): [click]

Conclusion:

Total Cost: 115.49
Total Return: 100.50
Total Loss: 14.99

Note: Looks like both TI and Oyster were mined out. Encountered a lot of other miners.

At first I wanted to make this run down TI East Coast but after dropping about 30 bombs and getting only 3 claims I decided to switch to Oyster island. Unfortunately my luck did not pick up there either and I ended up running a 30 bomb NRF streak before finding a remote patch of land which provided me with all of the Niks and Belk claims for this run. Thank god Niks has good markup or else this run would have been quite bad. Btw, saw someone's Niks Tower on Oyster Isle North Point... how I wish it were mine :D
 
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RUN 5

Location: Central Amethera
Bombs dropped: 100
Claims:

~Cobalt -
.....III 525m

~Belkar -
.....XI 448m

~Niksarium -
.....V 517m

~Blausariam -
.....III 342m
.....III 484m
.....V 582m

~Narcanisum -
.....XI 396m

~Zinc -
.....III 617m
.....IV 590m

~Dianium -
.....III 622m

~Copper -
.....IV 469m

~Lysterium -
.....III 634m
.....III 569m
.....III 446m
.....III 712m
.....IV 580m
.....V 579m

~Cumbriz -
.....III 642m
.....III 364m
.....III 390m
.....III 521m
.....III 379m
.....IV 396m
.....V 524m
.....V 559m
.....V 398m

26/100 = 26%

Returns:
[Ore - tt value - daily markup - potential value with markup]
~Cumbriz 18.90 (115%) 21.73
~Lysterium 11.44 (105%) 12.01
~Dianium 1.25 (151%) 1.88
~Copper 2.56 (102%) 2.61
~Zinc 3.60 (110%) 3.96
~Narcanisum 33.68 (149%) 50.18
~Blausariam 5.72 (108%) 6.16
~Cobalt 1.00 (126%) 1.26
~Belkar 32.86 (123%) 40.41
~Niksarium 3.25 (175%) 5.68

TT return: 114.26
Potential Marked up return: 145.88
Actual Return: 143.09
Decay: 2.56

Skills After Run (compare to ones in run 4): [click]

Conclusion:

Total Cost: 102.56
Total Return: 143.09
Total Profit: 40.53 :yay:

Originally wanted to make this run from Nea's to the North, but managed to get killed by some Thorios and was revived way off course and decided to continue the run North of Palms. The XI Narc and Belk appeared completely out of the blue in areas where I found no more of those minerals (although I must add that I've found plenty of those minerals there on previous runs ... weird).
 
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NOTE: Since It doesn't seem that this log interests many people (1.5 rating :laugh:) I am going to make all future entries just copies of the log I keep myself.
(skill increases will be updated every 1k bombs in first post now, so if i don't run out of peds by then I will have updated the skill data once I hit 1k total bombs for this log)


Run 6: 141 bombs around Argus

Megan
V 538m
3.78tt

Blausariam
IV 548m
V 414m
III 431m
III 340m
III 672m
IV 471m
12.40tt

Cumbriz
III 556m
1.20tt

Iron
IV 583m
V 448m
IV 331m
III 446m
III 519m
III 349m
IV 517m
III 664m
II 521m
IV 459m
20.80tt

Narcanisum
V 649m
V 637m
II 528m
V 724m
IV 452m
15.12tt

Ignisium
III 441m
V 652m
5.60tt

Lysterium
III 588m
III 326m
IV 579m
III 442m
6.18tt

Belkar
V 508m
IX 484m
IX 391m
29.60tt

Total: 94.68tt
Sold For: 113.53
Repairs: 3.29
Outcome: 30.76 loss

Run started out and ended with long NRF streaks. Oh well, life goes on and I'm still in the plus for overall profit/loss :)
 
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Run 7: 110 bombs in Northern Shinook

Gazzurdite
IX 503m
V 484m
V 625m
V 569m
IV 553m
III 665m
VI 229m
V 348m
III 617m
III 518m
III 423m
III 423m
V 537m
44.00tt

Belkar
XI 411m
III 280m
V 437m
IV 658m
III 453m
IV 568m
IV 314m
48.64tt

Durulium
III 478m
II 536m
II 626m
IV 414m
II 561m
IV 474m
8.80tt

Total: 101.44tt
Sold For: 126.05
Repairs: 2.64
Outcome: 13.41 profit :)

Pretty average run except for the IX and XI in first 10 bombs dropped.
 
Run 8: 123 bombs in South Shinook

Gazzurdite
III 437m
III 507m
V 504m
III 493m
6.75tt

Lysterium
III 436m
IV 190m
3.94tt

Alferix
V 499m
III 407m
III 550m
V 426m
IX 721m
IX 575m
IV 496m
V 631m
II 670m
III 426m
II 428m
VI 490m
II 554m
II 595m
VI 619m
II 436m
III 390m
IV 506m
II 295m
VI 638m
IV 624m
V 457m
V 353m
IV 473m
IV 563m
III 487m
IV 541m
XI 628m
IX 659m
III 472m
IV 601m
138.70tt

Strange Signal
5k residue [pic]
50.00tt

Total: 199.39tt
Sold For: 210.46
Repairs: 2.71
Outcome: 84.75 profit :yay:
 
Very interesting to see someone else's results. Thanks for posting.
 
Very interesting to see someone else's results. Thanks for posting.

Thank you for the support.

--------------------

Run 9: 108 bombs in East Shinook/South Emerald Lakes

Belkar
V 615m
IV 548m
III 516m
IV 484m
III 478m
V 642m
V 494m
19.94tt

Gazzurdite
IV 395m
III 526m
V 483m
IV 611m
V 463m
III 421m
IV 567m
V 383m
III 408m
IV 505m
III 658m
V 732m
V 440m
IV 561m
III 488m
III 503m
III 567m
V 615m
XI 551m
V 600m
IV 476m
82.25tt

Durulium
V 575m
V 556m
V 476m
II 571m
V 623m
II 519m
V 448m
II 538m
20.80tt

Kanerium
IV 588m
2.50tt

Total: 125.49tt
Sold For: 157.55
Repairs: 2.49
Outcome: 47.06 profit :yay:
 
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Run 10: 155 bombs in Segna Forest

Lanorium
V 395m
III 667m
III 423m
IV 597m
V 578m
II 558m
V 464m
III 449m
III 717m
IV 524m
IV 337m
25.52tt

Frigulite
III 506m
III 547m
V 504m
III 416m
V 418m
IV 504m
V 351m
IV 649m
III 691m
II 484m
V 476m
III 591m
XIV 458m [pic]
V 658m
III 526m
107.16tt

Blausariam
III 641m
V 432m
IV 517m
V 520m
III 400m
III 544m
III 592m
V 647m
V 388m
22.32tt

Dianium
III 534m
V 705m
V 443m
III 394m
III 564m
11.25tt

Total: 166.25
Sold For: 178.66
Repairs: 3.65
Outcome: 20.01 profit :)
 
You can't mine CP.

OK, thanks for the clarification.

.........................................

In light of my recent profit I feel a very bad run coming up. Stay tuned for more.
 
I would say your due for a bad run too. By the way your doing you will be able to buy a car in no time with your winnings if your luck continues.
 
OK, this isn't the bad luck run yet :wtg:

Run 11: 175 bombs around Nate Valley

Narcanisum
V 473m
III 562m
IV 578m
V 559m
III 481m
V 414m
III 460m
III 432m
V 643m
IV 429m
25.04tt

Caldorite
V 557m
III 423m
III 562m
XII 523m
III 472m
53.21tt

Zinc
IV 596m
IV 678m
III 498m
V 525m
V 649m
IV 359m
V 519m
IV 276m
III 465m
IX 530m
III 516m
V 460m
V 480m
III 354m
V 561m
III 430m
III 428m
III 618m
V 714m
V 632m
V 512m
III 474m
64.50tt

Lysterium
III 572m
III 363m
2.47tt

Strange Signal
5k residue [pic]
50.00tt

Total: 195.22tt
Sold For: 229.77
Repairs: 4.01
Outcome: 50.76 profit :yay:
 
Run 12: 100 bombs around Oyster Island

Belkar
V 569m
III 665m
V 519m
V 587m
V 611m
V 465m
19.68tt

Niksarium
III 544m
III 646m
III 613m
III 394m
III 656m
V 477m
III 511m
III 410m
II 512m
VIII 527m
V 412m
V 474m
IV 643m
V 501m
III 663m
III 538m
40.95tt

Total: 60.63tt
Sold For: 95.95
Repairs: 2.22
Outcome: 6.37 loss

Ok, I knew that this run would have a bad return (60% return in this case - not too bad, but definitely bad) so I made this run 26 bombs shorter than I was originally going to make it, and ran it on Oyster Island in an attempt to cushion the losses with Niksarium's high markup - I succeeded :lolup:

After this run, my feeling of upcoming bad luck (in mining at least) went up significantly. That is why I decided to take my current profits and spend them on hunting :wtg: pausing mining until I run out of ammo to hunt with. Once that occurs I can safely assume my bad luck streak will be over and I can safely sell my weapon/armor/fap and go back to mining. With this plan I should be able to return to mining with the same 200 bombs I started this test with.

I am certainly hoping for some globs/hofs in hunting, but I am pretty sure that they will not come and I will have burned through all of my mining profits within a day or two.

Thus, this log will be continued when I am poor again (Note: the profit counter will not be reset for the sake of the experiment)
 
cool log GL on it i also like how u stop when you know its bad while i keep going to make sure it is :D
again GL
 
Ok. After having some actual luck in hunting I have finally started to lose a bunch of PEDs (40k ammo on feffs and no korss :() and since I had to start selling my equips to continue hunting I decided to stop my hunting venture and come back to mining ;) so I sold all my gear (except for implant and TP chip) and bought some bombs. Surprisingly I have made enough profit on hunting to cushion my recent losses so that I come back to mining with the same (if not more) money I left it with. Since I dropped a couple of bombs while hunting I am updating my skills in the first post and starting an independent "Part 2" of my experiment. My expectation is that I will start off with a few bad runs which will hopefully lead into some better (profitable) runs in the future :wtg:

stay tuned. run 1 of part 2 coming soon.
 
Run 1: 103 bombs Emerald Lakes and South of Emerald Lakes

Belkar
V 551m
IV 792m
6.32tt

Gazzurdite
V 620
III 575m
V 546m
IV 396m
III 543m
12.75tt

Lysterium
IX 608m
III 551m
V 691m
III 605m
V 506m
22.14tt

Alferix
IV 533m
II 398m
II 560m
IV 385m
II 393m
III 529m
10.45tt

Durulium
III 503m
1.60tt

Stuff I had lying around in storage:
Narcanisum : 2.40tt
Niksarium : 5.85tt
Papplon : 374units
Molisk Teeth : 0.20tt
Foul Bones : 0.42tt

Total: 62.21tt
Sold For: 71.83
Repairs: 2.40
Outcome: 33.57 loss
 
Run 2: 112 bombs from Troy to Ares
Iron
IV 508m
III 495m
III 669m
IV 309m
8.19tt

Lysterium
III 570m
III 474m
IV 655m
IV 595m
V 589m
III 741m
III 272m
XI 526m
III 448m
VI 404m
III 537m
III 392m
53.67tt

Narcanisum
III 436m
V 540m
III 522m
III 465m
7.20tt

Blausariam
III 634m
1.32tt

Durulium
III 540m
1.60tt

Zinc
III 485m
III 422m
2.40tt

Erdonium
III 481m
III 400m
2.80tt

Ignisium
II 718m
0.70tt

Caldorite
V 481m
3.91tt

Total: 81.79tt
Sold For: 89.46
Repairs: 3.41
Outcome: 25.95 loss
 
Run 3: 186 bombs at Oyster Isle, Osiri, and New Switzerland

Strange Signal
5K residue [sorry no pic for this one got kinda annoyed that no beacon for the 3rd time]
50.00tt

Niksarium
II 507m
V 548m
III 360m
V 435m
III 528m
11.70tt

Belkar
III 352m
III 654m
IV 354m
V 550m
V 417m
12.10tt

Durulium
IV 406m
II 581m
3.20tt

Megan
III 446m
V 406m
4.68tt

Copper
V 504m
V 437m
IV 531m
V 574m
V 611m
III 461m
III 514m
21.12tt

Erdonium
V 512m
VI 682m
9.20tt

Narcanisum
V 689m
IV 518m
V 583m
II 629m
V 503m
II 351m
III 443m
V 512m
III 505m
22.96tt

Zinc
III 491m
III 521m
III 453m
III 554m
5.20tt

Lysterium
V 557m
III 627m
V 611m
V 619m
12.05tt

Ignisium
III 538m
1.40tt

Total: 153.61tt
Sold For: 177.27
Repairs: 4.17
Outcome: 12.90 loss


I see an upward trend here :yay:

PS: I hope I will have enough EDF when I unlock CGA. Should happen in the next few runs.
 
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Run 4: 173 bombs from Nea's to Sakura

Blausariam
V 428m
III 638m
III 593m
V 518m
II 382m
V 424m
II 471m
III 572m
16.84tt

Cumbriz
III 560m
IV 408m
IV 546m
V 561m
V 337m
V 718m
II 493m
III 439m
18.75tt

Lysterium
V 442m
VI 483m
II 725m
8.90tt

Narcanisum
V 557m
V 645m
IV 432m
10.16tt

Zinc
III 571m
III 259m
V 448m
IV 344m
III 404m
III 530m
V 630m
III 579m
III 437m
IV 441m
IV 443m
IV 568m
IV 543m
IV 611m
30.20tt

Frigulite
V 346m
3.24tt

Cobalt
V 357m
4.40tt

Total: 92.49tt
Sold For: 103.36
Repairs: 3.86tt
Outcome: 73.50 loss :laugh:

Guess no upward trend here :)
 
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Ok... 400ped left. I think I shall take a vacation to CND and drop 350-360 bombs there. Who Knows, maybe I won't get 10% return after all :yay:
 
Run 5: 350 bombs on CND

Ganganite
VIII 662m
VII 642m
IX 508m
IX 577m
50.52tt

Gazzurdite
VII 427m
VIII 466m
15.50tt

Iron
X 306m
X 515m
XI 734m
67.34tt

Lysterium
VIII 580m
VII 349m
IX 431m
30.63tt

Caldorite
VII 620m
6.63tt

Belkar
VII 477m
7.78tt

Narcanisum
X 499m
22.40tt

Total: 200.80
Sold For: 232.15
Repairs: 8.17
Outcome: 126.02 loss ... better than the 10% return I expected :rolleyes:
 
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Run 5: 252 bombs on CND

Iron
VII 598m
XV 602m [pic] ... my first HOF ever :yay:
VII 558m
~192tt - dang forgot to check b4 selling

Ignisium
VII 668m
7.70t

Lysterium
VII 388m
7.21tt

Gazzurdite
X 632m
VIII 666m
32.25

Dianium
VII 500m
6.25tt

Ganganite
VI 472m
5.76tt

Total: ~251.17tt
Sold For: 296.63
Repairs: 5.79
Outcome: 38.84 profit
:)

Thank you [NEVERDIE] for this little profit
 
Run 7: 112 bombs on CND

Lysterium
X 604m
19.45tt

Caldorite
X 557m
22.78tt

Iron
VII 636m
X 397m
30.55tt

Total: 72.78tt
Sold For: 80.57
Repairs: 2.56
Outcome: 33.99 loss
 
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