Chapter 379: Gold Mine
What Mr. Sam is worried about, and what Su Mu is worried about, the madness of the Nasdaq 100 index cannot hide the fact that small and medium-sized IT stocks have begun to have problems.
However, this situation has changed in the past two years, becoming a small increase in the number of users of many companies, and even a decline, only the number of registered users is announced, but the actual number of users is not announced, the amount of losses is getting more and more serious, and the stock price is going up like crazy, I believe that the abnormality that Mr. Sam perceived, has also been discovered by many other investors and investment institutions, in order to avoid risks, so to invest in large companies, thinking that this will be safer, huge amounts of money continue to pour in, pushing the Nasdaq index to a historical peak!
Su Mu clearly knew that the bubble was getting bigger and bigger, and after thinking about it, he still shook his head and said to Mr. Sam: "It's still according to the amount of reduction I promised before, but I have sold too much recently, so I am about to lose the controlling stake in some companies."
These five companies...... If it goes bankrupt, then let them go bankrupt, wait until the situation is a little clearer, and then buy them at a low price, I'm just a small shareholder, why worry about other investors, investing money now is tantamount to giving investors another crazy reason, never to invest money in the IT industry again. ”
"So, I released the news, saying that you are ready to sell the shares of OO and Bee? Your shareholding ratio in these two companies is more than 25%, and you can also withdraw some of the funds, and you can't flow into the free trading market, and there should be investment institutions willing to take over. ”
It seems that Mr. Sam is really not optimistic about the NASDAQ index at all, and once again gives advice.
It is naturally better to avoid risks, Su Mu was silent for a few seconds and then said to him: "Just follow what you said, in times of crisis, it is not good to have a large amount of money in your hands, which industry do you think you should invest in?"
“…… Hedge funds!"
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Sequoia Capital sent someone to sign a contract with Su Mu and bought part of the shares of OO Browser from him, the IT industry has been booming in recent years, and a group of fund companies have also made enough money, plus other industries have also steadily recovered, and smiles can be seen everywhere on Wall Street.
Every time you reduce your shareholdings, it means throwing out a bomb that will explode at any time, although Su Mu is still "full of bombs", at least a lot of money has been returned, which is equivalent to wearing several layers of explosion-proof clothing, which is enough to cope with any crisis. Once a crisis comes, large enterprises are always more likely to carry it through, and the flow of funds is more abundant, so that they will not sit still and wait for death.
Assistant Allen knocked on the door of his office at this moment, and when he saw Su Mu looking over, he said to Su Mu: "Boss, a gentleman named Jack Ross called me and told me that you are a partner in their company? Are you sure you have invested in this company called Titan Mining?"
As an assistant, Su Mu's business Alan almost knew everything, and he didn't expect such a mining company for a while.
Su Mu was also stunned, and suddenly remembered that he had invested in such a company, and a few years ago, someone found him and asked him to pay for the prospecting together, and invested two million dollars to buy 60% of the company's shares.
At first, Jack Rose often called him to report the news, and then one day he suddenly told Su Mu that he was sick, and he had West Nile virus after being bitten by a local mosquito, and his lower body was paralyzed and lying at home.
As for Titan Mining, it has long been delisted, and there is no follow-up after sending a financial report.
Curious, he asked, "Yes, I invested in this company, what did he call me for?"
"Looks like a gold mine has been discovered? That guy doesn't speak clearly, the signal is not very good, I didn't hear it in the back, or call him back?"
Su Mu was stunned, his eyebrows raised, his eyes widened, and his tone was full of disbelief: "Gold mine?!You tell me the number, and I'll call him......"
I picked up the telephone receiver on the table, dialed it and identified myself, and then I heard Mr. Jack Ross's excited voice: "Hey! We made it! We found a big gold mine!"
"On that island in Papua New Guinea, in the crater of the extinct volcano, you said?"
Su Mu came to the spirit, not because he was happy because he made money, but because he found it interesting, and after investing his own money, he actually found a gold mine!?
"That's right! We used to explore in the wrong place, just a hundred meters to the side, and the local workers found gold! It's a very, very big mine, with at least two thousand tons of gold! We're rich!"
Maybe he thought that Su Mu had made a fortune, and the guy who was carried away added: "You will be richer, I know that my vision is right!"
According to the recent market situation, the price of five ounces of gold has broken through the $410 mark, and one ton is equal to more than 35,720 ounces, which means that one ton of gold is worth nearly three million dollars, and two thousand tons is ...... Six billion dollars!
Hit by a large pie falling from the sky, Su Mu asked him with sparkling eyes, "Are you sure, at least two thousand tons?"
"Yes, we found it three days ago, and now it's all gold in front of me, you'd better come and visit it yourself, we're still drilling, we don't know how big it is!"
……
After putting down the phone, Mr. Sam asked Su Mu in confusion: "You just said 2,000 tons, do you mean gold?"
"That's right, I used to invest in a company, a company with exploration rights, and they told me that I had found a big gold mine in an extinct volcano in Papua New Guinea!
Su Mu was extremely excited, and continued to tell Sam, "My wife is pregnant, and she has been traveling for many days recently, she is really tired, help me form a team and go there to drill in person, I need to know the real situation of that gold mine!"
"Well, that's luck...... It's great, there have been many gold mining scams in history, be careful and be prepared for the wrong thing, are you going to mine this gold mine yourself?"
Mr. Sam asked about the point, he didn't know how to work, the gold had to be mined and processed and transported, which required a lot of money and energy, and he replied: "Let's see, maybe it will be sold to a company interested in it at a high price, I have to find out how much gold it hides first......"