joel diaz
chicago, IL (USA)
Role(s):
un named
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Startup
Location:
chicago
Industry:
Investing
Year Founded:
2006
Number Employees:
INVALID
Description:
HELLO
I AM MR. JOEL DIAZ, AND I AM AN ENTREPRENUER WHO LIVES HERE IN CHICAGO. I AM CURRENTLY TRYING TO AQUIRE A GOLD MINE IN CANADA, YUKON.
THE MINE IS OPERATIONAL WITH ALL PERMITS IN PLACE.
The mine is a turnkey operation with total operating costs (including expenses and depreciation) of US$1.40 per cubic yard of material processed. Based on a gold price of $400/Oz. and sampled average of 86% gold purity, this corresponds to a conservative average profit after expenses and depreciation of US$5.46 per cubic yard processed or US$645,000 per month for a 6-day operation at 75% utilization. Ultra-conservative / “worst case” financial projections yield a profit of US$390,000 per month. The proposed capacity increase would result in a profitability of US$1.8 mil