From: Eric Jordan [eric@pin.ca]
Sent: Monday, July 11, 2005 9:49 PM
To: deb@pin.ca
Cc: 'Susan Thompson'; 'Susan Thompson'
Subject: (05-0708) Opal mine new account

Susan meet Debby Schlutter (chief design person for pin.ca) (250) 744-3558 deb@pin.ca

Debby meet Susan Thompson.
Summer: P.O. Box 164, Dubois, Id. 83423
ph. (208)374-5474 fax (208)374-5356

Cellular 949 939 1904

Home 208 374 5360

 

Deb,

 

Replace the North Carolina Shoal Creek ad on our front page with

Idaho” (on top) “Opal Mine” (under the picture)

 

They have a mine, equipment and a general store at Spencer Idaho.

Asking price is 3 million.

 

The large picture of the gemstone is a rock now in the Smithsonian

 

The mine is what you see in the pictures.

 

They sell over $200,000.00 (two hundred thousand dollars in opal from the store each year, mostly retail)

They also sell gas and other general store items.

 

Pictures show them cutting some of the opal.

 

I will put the text of our audio interview underneath: (Hope to get the audio done Friday or Monday

 

Eric

 

Opal Mine Radio Text

 

I am speaking today with Bob and Susan Thompson who operate the Opal Mountain Mine in Spencer Idaho.

 

1)      Idaho is famous for things that come out of the ground but many people would be surprised to know that you mine opals in Idaho and that the Smithsonian has a huge chunk of your mountain on display in the museum t here. Can you tell me about this?

 

Rock show Tucson

Approached by Smithsonian and how impressed they are with quality.

You finally agree to give them some pieces.

 

 

 

2)      Did you have any idea how big this would be when you started?

 

This was a retirement hobby that has become completely out of hand.

We have more buyers than we can supply and everybody wants me to work harder.

I want to retire.

 

3)      Can you tell us about the mining process and the equipment you use?

We started with some heavy equipment pushing things bach in a ____acre circle. We had ______________(describe equipment)

Then we started digging using _______________

We only went down 40 feet, but the deeper you go the better the opal.

The government estimated we had 46 years of mining at this site.

There could be anywhere up to ______or ______Million dollars worth of opals in here.

 

 

4)      Susan, you handle the sales.  - How do you sell your product?

 

We bought a general store  which we operate in Spencer not far from the mine.

Selling the opals in not the problem. (stop here as you would in a conversation)

We went on the QVC network one year.

We had 1000 opal pennants with us  and they sold out in 4 minutes.

Eric: Really

They  invited us back in the fall and we sold out again.

Eric: Do you sell most of your opal retail?

We sell a lot of the opal retail and the rest we sell to our wholesale customers.

We can’t keep up with the wholesale orders any more so we just put them on a list and perhaps we will increase production one day and be able to supply more.

 

Susan. You are in a very fortunate situation.

I want to go back to Bob;

 

Bob.

5)      Business would seem good. You are currently taking over $200 Thousand dollars in opals from the mine every season. Could someone increase that to a million dollars a season.

 

This mine has the ability to produce a million dollars of opals yearly

but I want to get out. I want to retire and what our clients want is to have me working harder so they can buy more of our product.

The mine has been very good to us. We have made a lot of money and quite frankly  my wife and I want to get out of here and spend some of the money we’ve made while we are still young enough to enjoy it.

 

 

 

 

You can reach Bob and Susan at the Opal Mountain Mine by calling 208 374 5474