ilmscore | He Owns a GOLD MINE in UGANDA

He Owns a GOLD MINE in UGANDA

Predictions from this Video

Total: 2
Correct: 0
Incorrect: 0
Pending: 2
Unrated: 0
Prediction
Topic
Status
The speaker has a 10% share in a gold mine in Uganda and 5% mineral rights on the land, which also contains lithium and other minerals. They are seeking investment to begin operations.
"So my share is 10% in the mine itself and 5% mineral rights of the actual plot land. So my longtime friend, he did his ancestry test and found the tribes that he was from in Africa. Right. So long story short, we're in Uganda working with one of the mine owners who's a Ugandan guy. So we have this mine there, but we need obviously investments to get the operations going. There's lithium, all kind of other minerals besides gold in there."
Gold Mine in Uganda
Pending
A Chinese entity offered $2-3 million for the gold mine two years prior, but the offer was rejected as being significantly undervalued.
"The Chinese actually came like 2 years ago and the Chinese wanted to buy for 2 to 3 million. They said no because that's really undershooting the value of it."
Gold Mine Valuation
Pending