Extraordinary Genius

Ten years, also a decade of sharp increases in gold prices, no one would have thought that the future price of gold would rise to nearly $1,900 ounces, a few times more.

So Feng Yu needs to control the supply for maximum profit. But gold prices have risen and should be exploited. Kirilenko bought those rich mines, and 300,000 ounces a month is no problem in terms of mining at this time.

But more can be earned in the future, so temporarily limit mining. Innovations in equipment and technology will also make more profits in the future.

Feng Yu called Kirilenko to discuss the matter with Kirilenko. Kirilenko said yes without saying anything. If it hadn't been for Feng Yu's disagreement, he would have wanted to make a lot of money by mining and selling gold.

Now that Feng Yu has found a big client, what else can he hesitate to do? Moreover, the conditions for cooperation were very good, and he would certainly not object.

Now that the price of gold is rising, Kirilenko can wake up laughing every day. People lose money in the stock market, and they keep making money in the gold market.

Although Feng Yu warned him not to use high leverage, the profit was also impressive. Importantly, don't worry about him, Feng Yu has news and will notify him first.

He felt fortunate to have such a good friend. Others who work in partnership with others are afraid that they will take too much care of each other and make themselves less powerful.

But Kirilenko wanted Feng Yu to be more involved, because every time Feng Yu intervened, he could make more money for the company and make more money for him.

“Feng, how should we invest in the money we make from selling gold?” Kirilenko asked.

“Can you still get the gold mine?” Feng Yu asked backwards.

“Why not? Definitely not. But the price of gold is rising, and those people don't necessarily sell it. Even if it were sold, the price would definitely be high.” Kirilenko said with some concern.

“Higher is fine, gold prices could double in the next four years. Of course, you have to consider inflation, our return on investment, and so on. Measure it for yourself. Investing in gold mines, if possible, is a very sound business.” Feng Yu explained.

“Can gold prices double in four years? Well, then we're not limited to Russia, we can go to other countries. I think there are some gold mines on this side of the country. ”

Kirilenko's a little proud. Didn't you Native Americans always take advantage of us Russians? This time, let me take advantage.

“Yes, we can invest some more money if the price is right. ”

“No, can I borrow it? If that's not enough, say something else.” Kirilenko smiled.

Interest on loans, though high, is definitely not as good as they make in the gold futures market, so loans are the best value for money.

“Well, then you decide. ”

……

Hang up the phone, Kirilenko immediately arranged for his men to start working, contacting the mining giants of the US, saying that the Russian Polar Bear Mining Group intended to acquire gold mines at a negotiated price.

The first company to be contacted, * * * * *, is an established mining company in the U.S. with a history of over a hundred years. The company has a number of gold mines, some of which are still rich.

However, the company intends to expand its operations, not just gold mines, but copper, iron and other non-ferrous metals.

Companies, however, are underfunded, especially at a time when the US stock market environment is poor and their stock prices are falling. They wanted to buy another company, but they didn't have the money.

It would have been possible to increase the number of shares publicly and raise funds. But now that the stock price is so low, it will take a lot of public offerings to raise sufficient funds. They would also have to make the necessary investments in projects such as the upgrading of equipment.

At this point, they were told that Russia's wealthiest wanted to buy gold mines, and they immediately moved. Because when the Russian leader was said to be the richest, he was also very generous. How can they sell a high price if they buy on their own initiative?

The rich company, the mine, is all over Russia, and it's going to expand. So they sent someone to make contact to see if the price was right.

Selling those gold mines is not a bad idea, if it is appropriate. Gold prices fluctuated dramatically last year, and this year they will rise, but nobody is sure.

If the US settles the war on the Afghan side, the US will inevitably become the first country to attract foreign investment, and investment enthusiasm will be put back on the stock market, then gold prices could fall.

To be honest, they think Congress will soon win. Didn't the axe say there was nowhere else to hide?

Kirilenko mortgaged the minerals of mining companies as assets and lent large sums of money from Russia. Then quickly negotiated with the * * * * * company, and after some profit, quickly signed with the other party to buy six gold mines in Indonesia, Australia, the US and Peru.

Everyone thought that when the Polar Bear Mining Group expansion was over, Barrick's representatives came. Like the * * * * * * company, they believe that gold will not be too profitable these past few years. Now that there are wrongdoers who like to buy at high prices, then sell them to make money.

Anyway, they can take the money and buy other gold mines, and it's important to get through the current difficulties.

Barrick's shareholders, too, have lost a lot of money in the stock market over the past two years. The speed of gold mining, on the other hand, determines the lack of quick access to money to compensate for their losses on the stock market.

If someone is willing to buy their gold mine at a high price, why not sell it?

Kirilenko then negotiated with Barrick to purchase eight mines in the United States, Canada, Brazil, Argentina and Australia.

After two consecutive attempts, a number of small gold mining companies, also proactively contacted, had only one or two gold mines, but they also had permanent mining rights, that is, they had been able to exploit the mine emptiness.

Kirilenko played the spirit of buying and did not hesitate to eat nine gold mines again.

There is also the South African Angelo Corporation, which sold three gold mines to the Polar Bear Mining Group, with low gold prices and extremely low profits over the years, not to mention higher debt ratios for these mining companies.

Like the Polar Bear Mining Corporation, which had no liabilities before, that was just weird. As a result, the company's debt ratio, which rose to 78 percent, far exceeded the alert line. But Kiriko and Feng Yu are not in a hurry. They can mobilize funds to pay their debts at any time. Besides, many of their mines are not very mined. Once they improve their production capacity, the debt rate will drop rapidly!

So far, the Polar Bear Mining Company has 32 gold mines, officially becoming the world's top gold mining giant!

……