I originally posted most of this in the request section asking for help writing a macro to do this then as i reread it i realized it was a pretty good write up for pp farming too so figured i would copy my own post and add a little here for non macroers. This can be done below level 40 but is just faster and easier if mobs are green to you. First head out to the Great Divide and head due West of the PoK book eventually you will see an extensive cave network. Run through the caves and kill everything. In these caves are the following mobs.
Now when your bags are all full up with weapons head to Thurgadin. I say thurgadin because it is close and has all the needed things such as bank and forge. Take your bags full of weapons, your smithy hammer and your chisel and head to the forge to smith them down into the small pieces of velium. Like i said these are used in smithing and generally sell for 35 - 70pp each on my server. In little less than an hour i collected 58 weapons resulting in 175 to 200 small pieces of velium. So at 200 pieces selling at 50pp each thats 10k in about an hour of work plus the bazaar time.
EDIT: Original idea for farmin these guys came from the eqtraders forums though they just talk about it so you can get the velium and do smithin skill ups.
A Tizmak Augers, A Tizmak Champion , A Tizmak Shaman, A Tizmak Spiritcaller, A Tizmak Warrior. These Tizmak's are the only mobs that spawn in these caves with the exception of one or two named that are random spawns from Tizmak's. All of these Tizmak's (yes including the casters) can drop and do drop these abundantly Velium Great Staff, Velium Etched Stone Mace, Velium Hammer. Mobs are all level 25 - 31 and some will run when on low health when they are the last mob standing, but with my lvl 70 toon this has never been a problem as they die quickly. Respawn on these mobs is insanely fast. by the time i have worked my way from the northern end of the caves to the southern end the north has respawned. Now the reason for killing these guys is this...
With a recient patch there is now the ability to turn velium weapons into Small Piece of Velium. These are used in smithing to skill up by making Enchanted Velium Bits (trivial at 222). The greatstaff and the mace will yield one small brick and two small pieces, the hammer yields one small brick and one small piece. The small brick can then be smithed down into two small pieces.
To smith the weapons into bricks and pieces you need a Velium smithy hammer This is sold in thurgadin from Nimren Stonecutter at location 45, -110 for 10p 5g. To smith the small bricks into small pieces you need a Smithing Chisel This is sold in Pok from Tallis Paerk @ 70, 1390, or Szrix Hammertail @ 130, 1375, both in the Western trader building for 2p 6g 2s 4c and in many other city zones for same price.
Now when your bags are all full up with weapons head to Thurgadin. I say thurgadin because it is close and has all the needed things such as bank and forge. Take your bags full of weapons, your smithy hammer and your chisel and head to the forge to smith them down into the small pieces of velium. Like i said these are used in smithing and generally sell for 35 - 70pp each on my server. In little less than an hour i collected 58 weapons resulting in 175 to 200 small pieces of velium. So at 200 pieces selling at 50pp each thats 10k in about an hour of work plus the bazaar time.
EDIT: Original idea for farmin these guys came from the eqtraders forums though they just talk about it so you can get the velium and do smithin skill ups.



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