Raise $80mill to make $120mill in 5 years mining. Not a very good transaction. Might as well invest it in a managed fund at a 10 % return. Do nothing and get about $130mill after 5 years. Or buying property fully leveraged let it grow and get much more. Why would you bother mining.
Ann: MACA receives Letter of Intent from Avanco, page-2
-
- There are more pages in this discussion • 59 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)