It's been a long time since I had been to Arnon. However; in the course of the mineral market taking a downward swing, my bid to buy minerals in Essense region reached Arnon and the surrounding systems in the constellation Peccanouette. I flew over there in my freighter to pick up the massive amounts of minerals that quickly accumulated. I was amazed at how much the place has grown since the days I built up the mineral market there.
When I began my career as a miner I lived in the Peccanouette constellation mining plagioclase, omber, scordite and veldspar, but mostly plagioclase. I quickly learned that bringing your minerals to Oursulaert was much more profitable than selling to the nastily cheap bids to be found out here on the far edge of the region. Another thing quickly learned was that a hauler full of tritanium and/or pyerite didn't get you a whole lot of extra money and it made more fiscal sense to just dump your cheap minerals on the market where ever you were so you could fill up on more Mexellon and Isogen. Since I soon got bored of mining on my own, only getting into large mining operations on a rare occasion with my friends, I tried something different.
I started buying the tritanium that people didn't want to haul to Oursulaert and carried it for them. Some people still hauled their own tritanium when the price was really bad, but if I offered a fair bid at about 30 cents less than the bids in Oursulaert, people were more than happy to sell it to me. I was giving them a fair and much better price and there was enough margin to operate profitably. I soon began working in both directions, carrying at first mining crystals, and then mining modules and mining frigates and finally mining barges, exhumers and strip miners.
I started talking to miners in the newbie systems and invited other veteran miners out to Peccanouette to reap the benefit of a cluster of good mining systems plus a mineral market and mining supply chain right there in place right where you are. I soon found in my Iteron Mark V, that I couldn't haul enough to keep up with business. I was running back and forth constantly between Peccanouette and Oursulaert and inventory grew faster than I could move it, but so was my net worth climbing as well, and one at a time I fitted rigs to my Iteron Mark V until I maxed out what it could carry.
I finally bought my Obelisk, and steam rolled Peccanouette and built it into a really nice marketplace, and the best part was i was making enough to stay ingame strictly by buying GTCs with isk to pay for my subscription. I was in a great position to keep the competition out, and I learned market warfare and all that stuff that makes life easy for me but hard for the other guy. Things like artificially raising prices letting the others penny me and each other up, then going ahead and dumping my inventory on them for a profit without having to haul it anywhere, and setting the market back where I wanted it.
Seeing my project grow from something I created to support my own habit, into becoming the central mineral market serving three regions really tugs at my emotions and pulls out the best salty carebears tears...tears of pride.
Anyway, why am I telling you this again? Because oh my god, the tiny mining hub and mineral market I created has grown to colosal proportions. It's the mineral equivelent of Oursulaert, not quite as big but pretty close focused on stripping all mineral resources of Peccanouette. And...everyone, everyone, everyone, my corp, my mining associates, and traders alike...all of them thought I was crazy to haul tritanium, and it made me a multi-billionaire. Today, people are now calling me crazy for turning efforts to low sec, and say I can't possibly create a market hub in low sec. I am now done focusing on one region's low sec and beginning to branch out into a second region of low sec. What do you think?
- Posted using BlogPress from my iPhone, so deal with any mispelling, grammatical errors or strangly out of place words caused by mis-autocorrection.
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5 weeks ago