11 Comments for Is It Possible To Get A Loan From The Bank Or Other Financing Institution To Purchase A Gold Mine?

• 1. k  |  January 27th, 2010 at 7:13 am

  These days, it is almost impossible to stay out of debt; outside pressures from family or work can sometimes be the cause. All is not lost if you have acquired a bad credit score; there are many online bad credit loan lenders to help. Money provided to a person experiencing financial hardship is no different to any other type of loan and can be used by the applicant in the same way.
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• 2. Lillian  |  January 27th, 2010 at 7:14 am

  Perhaps, but only if you have really good credit and you are willing to put up something you own worth $50,000 or more as collateral.
  Gold mines are extremely speculative, and besides purchasing the mine, you will have to invest tens if not hundreds of thousands to drill in the mine. And if you don’t hit, the mine will essentially be useless to the bank. They need to be secured first before they lend you the money.

• 3. The CPA Guy  |  January 27th, 2010 at 7:54 am

  not without geological reports or other proof showing there is gold there that is easy and cheap to extract.
  I doubt anyone is going to lend you 100% of the price – where is YOUR risk?
  all $50,000 would do is get you the mine. how are you going to get the gold out? – pick and shovel?
  what if you buy it and then find out that you need a machine that costs $250,000 in able to get to any of the gold left in there
  the mine would probably NOT be for sale if there was any gold left that was EASY to get out
  and for 50,000, I can’t imagine there is much gold in there at all. – 50 ounces would pay back your loan – I doubt there is 50 ounces that you can get to without a lot of EXPENSIVE equipment
  you better doa lot more research on costs, permits, whatever else is needed

• 4. Doctor Deth  |  January 27th, 2010 at 8:05 am

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• 5. Franklin  |  January 27th, 2010 at 8:34 am

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• 6. Lisa  |  January 27th, 2010 at 9:06 am

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• 7. Paul  |  January 27th, 2010 at 9:15 am

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• 8. Rose Harrell  |  January 27th, 2010 at 9:35 am

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• 9. Benard  |  January 27th, 2010 at 10:02 am

  Hello my dear do not full prey to those hoodlums at they that call them self money lender they are all scam , all they want is your money and you well not hear from them again they have done it to me twice before I met Mr. Brown Wilson the most interesting part of it is that my loan was transfer to me within 74hours so I well advice you to contact Mr. Brown if you are interested in getting loan and you are sure you can pay him back on time you can contact him via email brownwilsonloan4@live.com
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• 10. Sonia John  |  January 27th, 2010 at 10:49 am

  If you are not informed you, will be deformed; I’m sharing this today because I have to. Sometime ago my wife Loveth Fisher was in need of loan to start up, she searched online and she told me that someone Vanessa Kleebereger referred her to one MR CHARLES BRICKS, she was afraid because of internet scam but she took the risk of contacting him.
  After everything she her loan was approved and given to her with a low interest rate. I also applied too and I was given, now we are not living well, paid all bills and at the same time servicing the loan back.
  According to this firm they dont give loan to untrusted cutomers, if you are not referred they will not reply you, if you are in need of loan you can contact me on kenny_fisher09@yahoo.com so that I can refer you to him personally OR simply contact him on weltland.microfinance@gmail.com

• 11. Kenny Fisher  |  January 27th, 2010 at 11:26 am

  Hello my name is lizzy samuel from houston,texas.i was browsing through when I saw your question and it will be my pleasure to refer you to where my i collected a loan last week. The company gave me the loan at an interest rate of 3%, if you are deep in need of a loan you can contact them via email: usman_corporateloanfirm@yahoo.com because i know they will help. bye

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