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JUL 13 2018 The Next Big Score…?

Posted by Richard640 @ 9:42 on July 14, 2018  

To want to own gold can be a strange and terrible affliction. What incites such an urge in the otherwise sensible and rational investor?

Why do we listen as the would be “gold guru” in his poorly fitting suit, hair slicked back in a twirl of pomade, climbs to the podium in a darkened corner of some third-tier mining conference?

He tells… no, preaches… to onlookers for the hundredth time, or maybe the thousandth (no one’s really counting anymore) that gold is just about to go to $2,000 and ounce… or maybe, just maybe $10,000!

We just have to hold on… a little bit longer.

Gold is a bizarre thing, but any object that can entrance generations for thousands of years deserves to be taken seriously.

An Enormous Opportunity… Literally

When a friend reached out and suggested I invest alongside his VC group in a West African exploration play I was hesitant. West Africa is extremely prospective, but as discussed there are real challenges. But this friend has been something of a mentor to me, I trust this judgment, and it doesn’t hurt that he’s one of the most successful early stage investors in the space.

So, I dug deeper; and I started where I always start the team.

I was happy to see management checked my number one box – They’ve done it before. The VP of Exploration has held a leadership role in four successful projects in the region. The CEO has been a banker, and the head of corporate development for a successful company: He looks at deals for a living, he had a great job and was making good money, and this is the opportunity he chose to put his name on.  

The rest of the crew are old African hands who know how to get things done in the region.

https://capitalistexploits.at/market-insights/

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.