The Gold Rush is on and the Smart Money is Looking to Invest

Gold has soared this year and it has moved especially fast this month as potential Fed easing fuels fear of a run on the USD
By: Iminesco Services Inc.
 
Oct. 5, 2010 - PRLog -- Gold has soared this year and it has moved especially fast this month as potential Fed easing fuels fear of a run on the USD. Who knows how high the yellow might go but the super rich seem to be banking on higher ground.

http://www.dailyfinance.com/story/gold-fever-strikes-the-super-rich/19660894/

The gold rush has sparked a flurry of private placements for junior miners in all kinds of metals. Gold and copper are two of the favourites but make no mistake about it, deals are being done in all the metals.

This $5 million CDN private placement by Rockridge Capital is a good example of the kind of cash which is available to junior mining companies who have great claims and quality management.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:RRC-1766358&symbol=RRC&news_region=C

Axemen Resource Capital did the deal for Rockridge. The team at Axemen is led by Cal Everett who is a mining finance legend on Howe Street.

Junior gold miners can also tap into private equity sources which are eager to do financings on actual gold production. Harbour Equity Partners in New York City is a good source of private equity for junior which have some production. Their gold fund is large and can handle fair size investments. This allows producing juniors to get funding without diluting the cap structure of the company.

Frank Romano runs the fund and he should be a good contact point of you want to discuss that potential financing option.

http://www.harbourequitypartners.com/docs/frank_romano_bi...

Iminesco.com does not get involved in financing. We do not have any commission or referral fee agreements with anyone or any group mentioned on our website. Our group only makes money from finder’s fees when we match a mining claim with a buyer.

However our team does have contacts on the financing side of the mining business and we would be pleased to offer a referral to allow any company to discuss financing options.

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Iminesco brokers mining properties and claims available on the market. We have a portfolio of claims and buyers of claims which we update on an ongoing basis. Please call 1-888-234-7356 or visit www.iminesco.com for more information. Join us on Twitter @Iminesco for the latest in the mining sector.
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Source:Iminesco Services Inc.
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Tags:Axemen Resources, Harbor Equity, Frank Romano, Financing, Gold Bullion, Iminesco, Mining Claims
Industry:Business, Financial, Industrial
Location:Canada
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