Your Questions About Invest In Gold Mining Companies

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Thomas asks…

How should I invest in silver, actual bullion, coins, individual stocks, or mutual funds.?

I would like to hear some opionions on purchasing silver, gold on different platforms such as actual bullion, as in coins, individual stocks such as mining companies, or possibly mutual funds. I see numerous sites, but right now it seems a blend portfolio would be best, but were to start?

financi4 answers:

This website touches on a few of these topics.

Richard asks…

Does anyone know what happened in the shareholder’s meeting for Golden Eagle International yesterday?

I am currently invested in an up and coming gold and copper mining Company called Golden Eagle International, their stock symbol is MYNG. Their stock only costs $0.021 a share right now, but should take off in the near future. I bought a million shares when it was at $0.005 a share and I’ve made $16,000 profit so far. When this Company’s gold mining goes into full production, it should jump to as high as $1.00 a share or more, which would turn my 1,000,000 shares into $1,000,000 or more!!! Please let me know if any of you know what happened in the shareholders meeting yesterday. Thank you!!!

financi4 answers:

Well you can be certain that the board and investment bankers were wined and dined pretty well. If I were you I’d sell half and take some gains while you can. It’s going to hard to unload a million shares when they don’t strike gold.

Donald asks…

Sheila And Lane Are Organizing Gold Unlimited Inc. To Undertake A High-risk Gold-mining Venture In Canada.?

Sheila And Lane Tentatively Plan To Request Authorization For 75,000,000 Shares Of Common Stock To Be Sold To The General Public.?
Sheila and Lane have decided to establish par of $1 per share in order to appeal to a wide variety of potential investors. Sheila and Lane feel that investors would be more willing to invest in the company if they received a large quantity of shares for what might appear to be a “bargain” price. Whether Sheila and Lane are behaving in a professional manner?

financi4 answers:

Yes or it is a scam?

Ken asks…

investing gold?

i was given shares of gold in the 80″s then the company sold my shares to another company,named barret mining.
has anyone out there in answer land heard of this company? and where should i invest these shares besides this company? the shares are about to spilt!
please only answer if you have the answer! thank-you!

financi4 answers:

Invest in other gold mine company

David asks…

company n Mali wants me 2 invest n gold export fees with a return of my investment plus 40% of sale n dubai. ?

I will like us to ship gold to Dubai which is free import duty and the price of gold its high over there.I will need your help in paying 6% govt exportation tax here to enable us get legal export documents.I will also like to know the demand of gold in Mexico”’—Yes I will intoduce you our sales co-ordinator Mr.Abdoulaye Sissoko who will handle the transaction and moreover the detail it will be in partnership btw you and our mine on the condition that any amount that you invest in the exporting of the gold will be refunded and you will receive 35% of the profit and we will receive 65% of the profit.. So should i do this or is it a scam.

financi4 answers:

Another blatant 419 scam. Stay well away.

If you want to find out more and also have a laugh at how some people get back at them, check out www.419eater.com.

Michael asks…

Mutual funds and ETF?

I am limited to mutual funds in my account. I would like to invest in gold or gold futures, not gold related companies (mines, etc.). Is there a mutual fund that invests in bullion?

financi4 answers:

Snkrx is one but it is a loaded fund. You would be better off with an ETF in this case GLD is the premier one. But Gold is a little iffy right now for me.

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