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geowizard 21:25:25 Sun Sep 30 2012 Offline posts Reply

If I had a Hammer... Interact Reply Quote Report To Mod Last Posts Ignore User Global Ignore Whisper http://www.metrolyrics.com/if-i-had-a-hammer-lyrics-peter-paul-mary.html Creativity leads to great, unforgettable performances. When I think of being creative, I think of Peter, Paul and Mary and other creative people like kevy. There are creative geniuses around us! I remember the pictures of kevy's hut & kevy working in the lighted hut during the dark, winter in Nome. Being creative! We all have the "freedom" to think. Placing thinking hat on head... If I had a gold pan... If I had a mining claim... If I developed a mining claim... If I had a computer... If I ran an ad... If I had a "lever"!:smile: Could I leverage the mine to get a larger mine? If the lever was a big lever, could I finance production? You probably get the idea by now. [1 edits; Last edit by geowizard at 21:28:00 Sun Sep 30 2012]

baub 18:56:59 Mon Oct 1 2012 Offline 915 posts Reply

Re: If I had a Hammer... Interact Reply Quote Report To Mod Last Posts Ignore User Global Ignore Whisper Geo, I've done this sucessfully a few times in real estate and trucking. There is a sweet spot that develops where risks are small and returns are very good. Past this place, up where the banks take a harder look at you I found that they become nervous, especially if you expand too fast, even if the cash flow is great. At this point is a big decision for the small biz guy. Do I spring for more inventory, equipment etc or build up my equity for a while and perhaps sell or remain the same size and be content with what I have? With the advent of centralized control over everything a lot more planning is required. b

geowizard 17:45:11 Sat Oct 20 2012 Offline posts Reply

Re: If I had a Hammer... Interact Reply Quote Report To Mod Last Posts Ignore User Global Ignore Whisper baub, With reference to control, you have to maintain "control". It's a very good point you have brought up. I was at an MSHA class a few years ago and seated around me were casually dressed CEOs. Although they looked casual, they were full of the wisdom that is hard-fought and much of it earned the hard way. During one of the breaks I was discussing the marketing of zinc from a Lead-Zinc-Silver mine I owned and was operating at the time. The question I had was related to selling the mine or going into a JV with a zinc consumer and relinquishing control. They said; "By all means, sell or JV if necessary, but don't relinquish control." :smile: - Geowizard [1 edits; Last edit by geowizard at 17:48:45 Sat Oct 20 2012]

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