Along with many new found meteorite finds were hundreds of failures that came with the success of meteorite hunting. Nininger stated that with the discovery of new meteorites came the glamour in the minds of many persons that sat on the sidelines watching his adventures. Nininger often had offers from people to help in his quests from both friends and acquaintances. Nininger stated that his success rate seem better than they really were from the stand point of going out and hunting down the many leads he was presented with. Many times a backer (investor) of a lead would not be rewarded with a return on his money.
Meteorite finds have been more rare than discovery of comets in the sky. Consequently any new meteorite find was often considered a news worthy event by the press. However the many fruitless efforts that plagued his days were not so well known. Nininger stated that they never attempted to keep the failures secret, but the newsmen didn’t deem them something to publish. Nininger was also not anxious to have each and every failure publicized as they out numbered the finds by many times, the successes were far and few between the failures.
Nininger always warned his investors of the chance that no rewards would come about when he check out a lead. Nininger’s proposition was they would provide the cash outlay for the trip (often he would check out several leads at a time to make his efforts have a better chance), he would provide the knowledge and time to track the leads down. Any finds were divided up 50/50 between the investor and Nininger.
Having people invest in his quest for new meteorites was an important part of Nininger’s efforts, especially in the early days of his enterprise to track down leads. Although he often came up empty handed an investor who had faith and invested several times was often reward sooner or later as Nininger tracked down his leads. As he became better at the effort he was able to better judge which leads would pan out and which wouldn’t. Checking out multiple leads was always economically wise and often lead to other leads and sooner or later new finds.
The Nininger Moments are articles or books written originally by Harvey Nininger and put into a consolidated form by Al Mitterling. Some of the items written in the moments might be old out dated material and the reader is advised to keep this in mind. Source: Find A Falling Star