You received the following message from: serigne (serigne@sherifa-holding.com)
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Hi, I have a gold mine project for which production is expected by June 2011.Almost all the exploration work has been completed. Current estimates value the gold at $132 million using only 2 out of the 12 targets in the perimeter. The idea is to complete all the necessary working before launching an IPO. Would you happen to know any hegde fund who might be interested in the deal. Thanks,
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KHufford
10407 Posts
Posted - 08/19/2008 : 9:57:53 PM
Nice, thanks for the referral.
We just ran out of Gold Mine money, shoot!
People dont seem to get it, "hedge funds" are the most risk adverse people on the planet.
Risk = No deal.
Gold Mine = Nothing but RISK.
Gold mines get funded by raising stock, like the poster said, IPO almost. NOT DEBT! No hedge hund is placing debt on DIRT!