By Bob Walsh
So, this guy buys a played-out coal mine in Wyoming for
$2 million. He thinks there might be some gold there and with the
current price of gold it might be worth looking for. (I didn't think
that coal and gold tended to go together. Shows you what I know.)
So,
after he buys it he pays for a very competent survey. No gold.
HOWEVER (don't you just love however) there find rare earth minerals. A
LOT of rare earth minerals. The largest such find in the U. S. in 75
years.
His $2 million
property is now worth about $37 billion. That is what, a 2,000%
increase on investment. Definitely not too shabby.
1 comment:
Nice
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