We can often assist
in finding funding for mining projects via a variety of contacts, funding
sources, and new investors and brokers who visit our web site.
Getting funding
for your mining project is best done by getting listed on our site and
linking it to the investors opportunities
page. This page makes it easy for investors to look at these type of
listings because they don't have to wade through other properties which
are only for sale or lease. Your
listing will also appear on the main page with the other listings.
It is important
to understand that venture capitalists require a high return on their
money or they will go elsewhere. Offering 15% interest will get you
nowhere with these people. Mining involves risk and investors must be
rewarded or they will find safer places for their money. Venture capitalists
are looking for returns in excess of 30%.
Most mining companies
can easily absorb the high cost of funds if it means that they can begin
or increase production. If you cannot, you are in the wrong business
because bank loans for mining companies are almost nonexistent.
Most
mine owners do not realize that sate and federal laws usually prohibit
a bank to loan them money. Public money cannot be used to finance
high risk ventures. Most banks don't bother to tell the mining company
this. They accept the mining company's application politely, but seldom
come through with the loan. This is why most small to medium sized
mining projects are funded by individual investors and investors groups.
To submit your listing
click here and follow the instructions.
We use the same general
procedure to submit a funding or joint venture request as we use for
a sale, lease, or option listing.