Tuesday, November 16, 2010

How to Get Funding for your Mining Company

Sometimes it is an expensive project to purchase a mine or mining claim. If you are in this situation, there are possible routes you can take to get funding for your venture.



One idea is to enlist the help of venture capitalists. Venture capitalists typically like to have 20%-30% of the profits, so be prepared to give that up if you want to go that route.


Bank loans are particularly difficult to obtain for mine purchases, especially in this economic environment. It is not impossible, but it is a long process.



The best suggestion would be to check out a company like MineralstarMining.com. They offer several different mining claims and gold mines for sale, all for under $4,000!



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