‘Gold Rush’ Parker Schnabel Looking At New Major Investment?
By
Michael Malley
Discovery Channel Gold Rush News Reality TV
Parker Schnabel From Gold Rush, Sourced From @goldrushtv Instagram
Gold Rush star Parker Schnabel has made a handful of huge investments at his young age. At the age of 30, he’s already digging on his own gold mining site, which he purchased for $15 million. However, Parker and his crew are facing new problems in the latest season. Some fans even think Parker may end up making another massive investment to make their lives easier. Keep reading to see what it was.
Gold Rush: Parker Schnabel & Crew Face New Problems
Discovery Channel recently uploaded a preview clip from the upcoming episode of Gold Rush Season 15, featuring new challenges for the crew. One of their excavators suffered from overheating. Due to this, everyone rushed to the heavy equipment carrying fire extinguishers to avoid it from catching flames. It’s a huge setback for the crew. This wasn’t the first time Parker’s equipment suffered from a major issue, and some fans believe he should invest in something bigger.
Parker Schnabel From Gold Rush, Sourced From @goldrushparker Instagram
Parker Eyeing New Major Investment?
Some Gold Rush fans on social media discussed the recent news about the longest conveyor belt in America, which is located in Texas. It has the ability to move sand at 10 mph. It reaches 61 miles and can run 12 to 14 hours a day. This could be the perfect equipment for Parker Schnabel’s gold mining business.
Parker Schnabel From Gold Rush, Sourced From Reddit
Others agreed and mentioned that Parker’s equipment has been faulty for years, and investing in such a conveyor belt shouldn’t hurt his income. However, the conveyor belt cost over $400 million, which could be insanely difficult for him and his crew. Regarless, it’s a long-term investment, which could bring his gold mining empire to another level.
“Where everyone else sees a way to move dirt and tailings, I see a bitchin’ Jetsons’ style way to work.”
“Well, clearly, Parkers conveyors are an embarrassment, and he needs to take a longer hard look at himself. 😂😂😂”
“Not practical for Parker – the cost of moving the conveyers would be crippling. only way something this makes sense is if you don’t have to move it.”
“That is amazing. Wonder if it can be seen from ISS.”
Gold Rush: White Water Spinoff Gets Cacelled
History Channel recently surprised many fans after cancelling the spinoff Gold Rush: White Water. The spinoff ran for nine seasons and is even considered by some as more exciting and popular compared to the original series. According to Line Producer Jonathan Knapp, the series is currently on indefinite pause. He added that the Discovery Channel “may look at bringing the series back in some form in the longer term.” Due to this, fans should not lose hope in seeing the popular spinoff on screens again. Many fans have also begged the network to bring it back because of how inspiring it was.
Gold Rush White Water - Discovery Via Gold Rush The Dirt Instagram
The 19th episode of Season 15 will air on March 21, 2025. If you are looking for more Gold Rush news, come back to TV Shows Ace for all your updates.
Welcome to Billionaire Club Co LLC, your gateway to a brand-new social media experience! Sign up today and dive into over 10,000 fresh daily articles and videos curated just for your enjoyment. Enjoy the ad free experience, unlimited content interactions, and get that coveted blue check verification—all for just $1 a month!
Account Frozen
Your account is frozen. You can still view content but cannot interact with it.
Please go to your settings to update your account status.
Open Profile Settings