Chapter 1213 - Buy, Buy, Buy (Ask for Tickets)

Ten years is also a decade when gold prices have skyrocketed, and no one would have imagined that the price of gold in the future can rise to nearly 1,900 US dollars / ounce, which has increased several times. Pen × fun × Pavilion www. biquge。 info

Therefore, Feng Yu wants to control the supply volume in order to seek the greatest profit. But the price of gold has risen and it should be mined. Kirilenko bought those few rich ores, and at this time, 300,000 ounces a month was not a problem.

But in the future, it can make more money, so mining is temporarily restricted. At the same time, we can innovate equipment and technology in order to earn more profits in the future.

Feng Yu called Kirilenko and discussed the matter with Kirilenko. Kirilenko agreed without saying a word. If Feng Yu hadn't agreed, he would have wanted to mine and sell gold in large quantities to make money.

Now that Feng Yu has found a big customer, what is there to hesitate about. Besides, the conditions of cooperation are also very good, and of course he will not object.

Now watching the price of gold continue to rise, Kirilenko wakes up with a smile every day. Others lose money in the stock market, they make money constantly in the gold market.

Although Feng Yu reminded him that he must not use high leverage, the profit is also considerable. The important thing is that he doesn't need to worry too much, Feng Yu has news over there, and he will be notified as soon as possible.

With such a good friend, he feels fortunate to have three lives. Other people are afraid that the other party will manage too much and let them have less power.

But Kirilenko especially hopes that Feng Yu will take care of more things, because every time Feng Yu intervenes, he can make the company earn more and let him earn more.

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

"Can you still buy gold mines?" Feng Yu asked rhetorically.

"Why not, it's definitely fine. But the price of gold is rising, and those people may not be willing to sell. Even if it is sold, the price will definitely be higher. Kirilenko said with some concern.

"The highs are fine, and the price of gold could double in the next four years. Of course, you also have to consider inflation, as well as our investment returns, etc., how much higher is cost-effective, you can measure it yourself. If possible, investing in gold mines is a very sound business. Feng Yu explained.

"Can the price of gold double in four years? Okay, then we won't be limited to Russia, we can look at other countries. I remember that there seem to be some gold mines here in the United States. ”

Kirilenko is a little proud, haven't you guys always taken advantage of us Russians? This time, let me take advantage of it.

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

"No, can I take out a loan? If it's really not enough, let's talk about anything else. Kirilenko said with a smile.

Although the interest on the loan is high, it is definitely not as much as they make in the gold futures market, so the loan is the most cost-effective.

"Okay, then you decide."

……

Hanging up the phone, Kirilenko immediately arranged for his subordinates to start work, contacted the mining giants of the United States, and said that the Russian Polar Bear Mining Group was interested in acquiring gold mines, and the price was negotiable.

The first company to contact is ******, which is an old mining company in the United States, and the company has a history of more than 100 years. The company has a number of gold mines, some of which are bonanza.

However, the company has plans to expand its business, and they do not want to only do gold mining, but also plan to enter copper, iron ore and other non-ferrous metal mining.

The company's funds are not sufficient, especially at this time when the stock market environment in the United States is not good, and their stock prices are also falling. They wanted to acquire another company, but unfortunately they didn't have the money.

It could have been possible to publicly issue additional shares and raise funds. But now that the stock price is so low, it takes a lot of public offerings to raise sufficient funds. And they also have to make the necessary investments in some projects, such as updating equipment.

And at this time, they were told that the richest man in Russia wanted to buy gold mines, and they were immediately tempted. Because it is said that when the richest man in Russia made a move, he was also very generous. The other party takes the initiative to buy, how can they sell it for a high price, right?

The rich man's company, all the mines in Russia, is planning to expand abroad. So they sent someone in contact to see if the price was right.

If the right thing is right, it is not impossible to sell a few gold mines. Last year, the price of gold fluctuated a lot, and this year it is said that the price of gold will rise, but no one is sure.

If the war in Afghanistan is resolved, the country will inevitably become the number one country to attract foreign investment again, and everyone will put their investment enthusiasm back on the stock market, so the price of gold may fall.

To put it bluntly, they think that the Mi Congress will win soon, doesn't the political axe say that there is nowhere to hide the lantern!

Kirilenko used the minerals of the mining company as an asset as collateral, lending a large amount of money from Russia. Then he quickly negotiated with the ****** company, and after giving some profits, he quickly signed a contract with the other party to buy the other party's six gold mines in Indonesia, Australia, the United States, and Peru.

Everyone thought that when the expansion of the Polar Bear Mining Group was completed, representatives of Barrick Company also came. Like ****** companies, they don't think gold will be too profitable in recent years. Since the wronged boss likes to buy at a high price, then sell it to make money.

Anyway, they can still use the money to buy other gold mines, and the important thing is to get through the current difficulties.

Barrick's shareholders have also lost money in the stock market in the past two years. And the speed of gold mining determines that they cannot get money quickly to make up for their losses in the stock market.

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

So Kirilenko negotiated with Barrick and bought eight mines in the United States, Canada, Brazil, Argentina and Australia.

After two consecutive times, some small gold mining companies also took the initiative to contact, they only have one or two gold mines, but they also have the right to mine in perpetuity, that is, they can be mined until the mine is empty.

Kirilenko played in the spirit of buying and buying, and without hesitation, he ate nine gold mines again.

There is also South Africa's Anglo Company, which has also sold three gold mines to the Polar Bear Mining Group, the gold price in recent years is not high, and their profits are extremely low, not to mention that these mining companies have relatively high debt ratios.

For example, the Polar Bear Mining Company, which had no debts before, is simply wonderful. As a result, the company's debt ratio has also risen to 78 percent, far exceeding the warning line. But Kirilenko and Feng Yu are not in a hurry, they can mobilize funds to repay their debts at any time, not to mention, many of their mines are not large, once the production capacity is increased, the debt ratio will drop rapidly!

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

…… (To be continued.) )