Hi Frank
You didn't say what size or type of dredging you will be doing, but take my word for it you can buy a used dredge for about 1/2 the money you can make one for. I have been doing this for a long time and have built a lot of my own equipment, and for the most part the Keene Eng, Pro-line equipment is darn hard to beat. I have a shop with welders, metal brakes and every thing to do a real pro job on stuff and I can't make equipment for less than good used prices. The pumps, engines, suction hose, jet tubes, floats, air tanks and compressors for under water work, where most of the good gold is, you will have to buy any way, All the Aluminum welding will need to be TIG and wire or stick will work for steel parts. Jet Flare dredges work best for fine gold and the crash box design will work fair but the box will need to be bought. If you make it out of metal the rocks will beat it apart from slaming into it. Finding and keeping the gold is hard work at best so you will want equipment that works and works well, proven designs are your best bet. Good luck.
C