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Grupo Eldorado Gold Mine

Alberta, Canada

Short Summary

Restarting a dormant gold mine in Mexico w/ profitable grade (grams Au/tonne) that stopped due to the death (natural causes) of the owner of the claim. 1.6mn minable tonnes. 83 years of mining. At current prices:total revenue $672M;total profit $420M

Overview

Target
C$900,000
Minimum
C$100,000
Investment Raised
N/A
Previous Rounds N/A
Stage Pre-Startup/R&D
Investor Role Any

Highlights

  • This is an already open and existent mine that was profitable
  • Projected profit of $5M USD annually at current prices
  • It is in a quiet, rural, central MX, mining region for hard working people
  • The investment will be paid back plus interest, on top of the equity
  • Almost everything is in place; will be generating cash flow in 6-8 months
Please note: Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. This platform is targeted solely at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. This information has not been approved as a financial promotion, and you must carry out your own due diligence.

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