Extraordinary Genius

Chapter 1213: Buy and buy (please buy a ticket)

Ten years, it is also a decade of soaring gold prices. No one can think of it. In the future, the price of gold will rise to nearly 1900 US dollars per ounce, which is several times.

Therefore, Feng Yu wants to control the supply volume in order to seek the maximum profit. But the price of gold has risen and it should be mined. Kirilenko bought the rich mines. In terms of the amount of mining at this time, 300,000 ounces a month is not a problem.

But in the future, you can earn more, so temporarily limit mining. At the same time, we will innovate equipment and technology to make more profits in the future.

Feng Yu called Kirilenko and discussed this with Kirilenko. Kirilenko promised without saying anything. If it is not Feng Yu's disagreement, he has long wanted to make a lot of money to sell gold to make money.

Now that Feng Yu has found a big customer, what else can hesitate. Besides, the conditions for cooperation are also very good, and he certainly will not oppose it.

Now that the price of gold is rising, Kirilenko can wake up every day. Others lose money in the stock market and they continue to make money in the gold market.

Although Feng Yu reminded him, he must not use high leverage, but the profits are also very impressive. The important thing is that he doesn't need to worry too much. Feng Yu has news and will inform him the first time.

With such a good friend, he feels that Sansheng is fortunate. Other people who do business with others are afraid that the other party will manage too much and let their power be reduced.

However, Kirilenko particularly hopes that Feng Yu will take care of some things, because Feng Yu can make more money for the company every time he intervenes, so that he can earn more.

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

"Can you still buy a gold mine?" Feng Yu asked.

"How can it not? It is certainly no problem. But the price of gold is rising, and those people may not be willing to sell it. Even if it is sold, the price will definitely be higher." Kirilenko said with some concerns.

"The high point is no problem, the price of gold may double in the next four years. Of course, we must also consider inflation, as well as our investment income, etc., which is more cost-effective, you measure it yourself. If possible, invest in gold mines. , is a very safe business." Feng Yu explained.

“In four years, the price of gold can be doubled? Well, then we are not limited to Russia. We can go to other countries. I remember that there are some gold mines in the country.”

Kirilenko is somewhat proud. Have you always been cheaper than our Russians? This time, it also made me take advantage of it.

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

"No, you can borrow? If it's not enough, let's talk about the other." Kirilenko said with a smile.

Although the interest on loans is high, there is absolutely no such thing as they make more money 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 men to start work and contact the mining giants of the country, saying that the Russian Polar Bear Mining Group is interested in acquiring gold mines at a good price.

The first company to contact, is ******, is a veteran mining company in the country, the company's history has been more than a hundred years. The company has a lot of gold mines, some of which are rich mines.

However, the company has plans to expand its business. They do not want to only do gold mines, and intend to enter copper, iron ore and other non-ferrous metal mining.

The company's funds are not sufficient, especially at this time, the stock market in the country is not good, and their stock prices are also falling. They wanted to buy another company, but unfortunately there was no money.

Originally, it was possible to publicly issue additional shares and raise funds. But now that the stock price is so low, it has to be released a lot to raise enough funds. And they have to make the necessary investments in some projects, such as updating equipment.

At this time, someone told them that the richest man in Russia wanted to buy gold mines, and they immediately became tempted. Because it is said that the Russian richest man shot, it is also very generous. The other party takes the initiative to buy, how can they sell a high price?

The rich company, the mines are all in Russia, which is intended to expand. So they sent people to contact and see if the price is right.

If it is appropriate, it is not impossible to sell so few gold mines. Gold prices fluctuated greatly last year. This year, gold prices will rise, but no one is sure.

If the country of Turkey fixes the war in Afghanistan, the country will inevitably become the country that attracts foreign investment first. Everyone will re-invest the investment enthusiasm on the stock market, so the price of gold may fall.

To put it bluntly, they think that the Mi Congress quickly won, and the political axe is not that the lamp has nowhere to hide!

Kirilenko used the mining company's minerals as an asset for mortgages and loaned a large amount of money from Russia. Then he quickly negotiated with the company, and after some profit, he quickly signed with the other party and bought the other six gold mines in Indonesia, Australia, Rice and Peru.

Everyone thought that when the expansion of the Polar Bear Mining Group was completed, the representative of Barrick also came. Like the **** company, they believe that the profits of gold in the past few years will not be too high. Since there are big heads who like to buy at a high price, then sell and make money.

Anyway, they can still hold money to buy other gold mines. What is important is to overcome the difficulties at hand.

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

Since some people are willing to buy their gold mines at a high price, why not sell them?

Kirilenko then negotiated with Barrick and purchased eight mines in the country, Canada, Brazil, Argentina, and Australia.

After two consecutive times, some small gold mining companies also contacted them. They only had one or two gold mines, but they even had permanent mining rights, that is, they could always be mined.

Kirilenko played the spirit of buying and buying, and did not hesitate to eat nine gold mines again.

There is also Anglu in South Africa, which also sells three gold mines to the Polar Bear Mining Group. The price of gold in these years is not high, and their profits are extremely low, not to mention the fact that these mining companies have higher debt ratios.

Like the Polar Bear Mining Company, there was no debt before, and that was simply wonderful. As a result, the company's debt ratio has risen to 78%, far exceeding the warning line. However, Kirilenko and Feng Yu are not in a hurry. They can mobilize funds to repay debts at any time. What's more, many of their mines do not have a large amount of mining. Once the capacity is increased, the debt ratio will drop rapidly!

At this point, the polar bear mining company has mastered the number of gold mines, reaching 32, officially becoming the world's top gold mining giant!

... (to be continued.)

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