K A Anderson, thanks for your second answer, it helps your investors. I have a second thought on your first answer. You wrote: "We generally don't invest any money except the underwriting costs to take a company....."
I will tell you about me: Sometimes I invest money in a private company, owner maybe have shortage of money to continue or finish the business idea... There is always somebody who make me met with investing idea (could be you for instance.....) We discuss business model, plan, numbers, expectations, etc.... After shown plausibly profitability for the next years , I'm in business...... But I will only do that, if the man/women make me met with investing idea even invest same amount or more All investors share my situation who I know, I know many, do the same..... If we are not talking about dips....
Now I try to explain it with the gold mine.... There I have a gold didn't run with profit..... Because, many examples I find on your answers on my questions.. Seem not be a investing idea...... Because the company working before didn't left worthful machinery.... To create a modern gold mine you need millions$.....
Now I try to make a free composite of your last two answers:
Please investor give me some millions on a gold mine, didn't run with profit before.... "...distressed company will simply walk away..."........... "...or the mine isn't running..." ............
Investor: Oh! Why?
On the assumption gold price become higher and higher, "...huge international scandle looming on...." "I really think this is more than a short squeeze....." investing some millions$ pans out...
Investor: Oh! What are you going to invest? Your whole company only worth in a range from $3million to $4million.
"We generall don't invest any money except the underwriting cost to take a company......"
Investor: Sorry, no money left.....
I really have doubts you will be successfull on the gold mining sector with described business plan..... Only assumptions, you describe no business plan or investing idea.... Only thoughts on your answer...... Fatt Matt, please tell me shut up and I will do it..... I only do that as a favor to you.... It's easier to tell something about my investment ideas, with small comments.... Easy to find.....
Also I'm very respectfully about your work Mr. Anderson, I don't own your insights or contacts in gold/oil branche, respectfully about your working build up a company.... I know how hard it is..... And sorry about my thoughts about your postings.... Just a hint....
Regards Manfred |