Forums

150k runite ore....Thread is locked

Quick find code: 15-16-628-66073335

of 3
RemijmNL

RemijmNL

Posts: 4,154Adamant Posts by user Forum Profile RuneMetrics Profile
So, as a retired runescape player, I was saving up bulk of runite ore for later use. Since this ore was quite stable, this seemed a good investment. Today, I was emailed by Jagex about the mining and smithing update, which got my attention. Reading the patch notes, I guess the value of rune has dropped quite hard. Logging in, I hear rumours of 1k ea....

Question is, who is going to refund 90% price drop of my bank..... 150k rune ore used to be over 1500m. Now it is only worth 10%!!!!!

Since I hear rune armour is refunded, why has rune ore not been changed to tokens, resulting in a clean sheet for everyone....

Not looking for sympathy, just wondering if the update was compeletely overthought

07-Jan-2019 20:52:46

Hidden Relic
May Gold Premier Club Member 2014

Hidden Relic

Posts: 3,978Adamant Posts by user Forum Profile RuneMetrics Profile
RemijmNL said:
So, as a retired runescape player, I was saving up bulk of runite ore for later use. Since this ore was quite stable, this seemed a good investment. Today, I was emailed by Jagex about the mining and smithing update, which got my attention. Reading the patch notes, I guess the value of rune has dropped quite hard. Logging in, I hear rumours of 1k ea....

Question is, who is going to refund 90% price drop of my bank..... 150k rune ore used to be over 1500m. Now it is only worth 10%!!!!!

Since I hear rune armour is refunded, why has rune ore not been changed to tokens, resulting in a clean sheet for everyone....

Not looking for sympathy, just wondering if the update was compeletely overthought

If you Sell it quick, you should be able to still make quite a bit of it back, since its still needed for the Elder Rune.
Maybe 6-7k a bar if you're lucky.
RuneLabs Mini-Quest/Task Set, Journey to the East. (Task Set Pocket Item)

07-Jan-2019 20:57:33

Dangermouth
Sep Gold Premier Club Member 2018

Dangermouth

Posts: 2,363Mithril Posts by user Forum Profile RuneMetrics Profile
You might want to make it into bars (you'll need less coal, but some more of another ore) and then into either elder rune bars if you can or just sell it as bars. That might help. Otherwise, giveen what's involved in masterwork armour it might be worth waiting to see if the price goes up a bit because it will be expensive to maintain. But it'll probably take someone weeks to actually make the first set.

07-Jan-2019 21:14:10

RemijmNL

RemijmNL

Posts: 4,154Adamant Posts by user Forum Profile RuneMetrics Profile
I doubt that. I have just tried how easy it is to obtain rune ore, since it is now available to anyone with 50+ mining. Just enter the mining guild on any free to play server to see it is crowded with people mining runite ore. This will even further crash the price of runite ores. The value in elder rune should be found in the other ores that are needed to smelt a bar.

07-Jan-2019 21:23:23

Fire Hawk154

Fire Hawk154

Posts: 7,565Rune Posts by user Forum Profile RuneMetrics Profile
It very much surprised me to find rune bars and ores in my bank after the update when it was very clear their value would drop massively. It's an absolute shame you had to lose so much of your bank because of the update.
Clan Europe Leader
|
Clan Cup Winners
|
Maxed Pure F2P

07-Jan-2019 22:22:05

Quick find code: 15-16-628-66073335Back to Top