Moving the transaction into NMGL, a CEF-Closed End Fund, allows Sloane a handsome multi-billion dollar stake! The CEF is 'CLOSED", as in PRIVATE......Members Only!!!
This whole GWGO, FFGO, Hunt Gold, Lowenthal,etc., has lot's of Question Marks! I have invested several hours following a simple trail of information in the minning industry.
The "leases"- which is where the REAL MONEY is.....is what the dog & pony show has always been about...Not nickle & dimes....
South Africa, Argentina, Canada, South Western United States (NV,NM,WY,AZ,CA) all contain the same thing that drove millions to the "Wild West" in the late 1800's and early 1900's.......Au.....GOLD...GOLD....GOLD...
If the annual reports are carefully disected (for those companies who actually report accurate information)...one will notice several royalty payment(s), BLM (Bureau Of Land Management) agreements, AND Land Lease Rights to "Drill, Mine, "CLAIM", what ever is underground!!!!
All Senior and Junior minning companies are looking for GOLD!!!!!
In the spot Au market that relates to billions, billions, and billions of dollars!!!! AND for some.....TRILLIONS....Alot of ZERO's on the end.
That's what Sloane is investing in.....
KyBourbon