BrutalBeck
Full Member
Over the past few months I have been working to match up mining companies with investors. After 3 months of searching and then actually matching an investor with an Alaskan mining company. The mining company ends up turning down $4.6 million because of a "bank guarantee" the mining company wouldn't agree to.
The investors are from the U.K. and asked that the mining company gets a loan of collateral to guarantee the investors will receive their money. In the end of it all. The mining company refused to pay a small legal fee and refused to get the bank guarantee. This would have been the best opportunity the mining company would ever see.
The mining company sent an executive plan of operation that shows that the company could make an estimated, $135 million in profit. But then turns down the 4.6 million they needed to start and run the entire operation. Just because they didn't want to pay the small legal fee and basically a collateral loan.
The investors are from the U.K. and asked that the mining company gets a loan of collateral to guarantee the investors will receive their money. In the end of it all. The mining company refused to pay a small legal fee and refused to get the bank guarantee. This would have been the best opportunity the mining company would ever see.
The mining company sent an executive plan of operation that shows that the company could make an estimated, $135 million in profit. But then turns down the 4.6 million they needed to start and run the entire operation. Just because they didn't want to pay the small legal fee and basically a collateral loan.
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