TIL: In 1903 Daniel Barringer gambled his entire fortune on a mineshaft believing geologists had misclassified a meteor creator as a volcano and a $1 billion iron ore deposit was to be found. He was correct that the site was a meteor creator, but didn't realize the iron ore had vaporized on impact.
en.wikipedia.orgSubmitted by Fifth_Down t3_11uu31v in todayilearned