john hayes
pioneer, CA (USA)
Role(s):
H&H Mining
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Startup
Location:
pioneer
Industry:
Agriculture
Year Founded:
2008
Number Employees:
INVALID
Description:
I am a welding business owner with a degree in Electronics Eng. I engage in mining part time and currently own 3 placer mines and 1 lode(hardrock) mine. The reason I am writing is there is an opportunity to take over a historic and proven gold producing mine. The gold mined is in the ancient yuba river channel underground and has produced some large nuggets. C.L. Best(owner of Holt & Best tractor, or caterpillar) once owned the mine and some of the specimens are in the museum of natural history in L.A.
I am looking for $3.0 million to secure the land, included equipment, and startup costs. This has 430 acres of patented land which can also logged for timber.
My estimate is at least 50% return over your initial investment within 5 years. $3.0 million in timber alone can likely b