The Business of Mining: Unlimited Possibilities With LLCs
January 2011 by Mark E. BattersbyOnce all of the pros and cons are considered, many miners and prospectors have discovered the so-called “Limited Liability Company” is the most profitable operating entity for their venture.
While many prospecting or mining operations don’t have sufficient profits to benefit from accelerated write-offs or even the full 100% “bonus” depreciation write-off, other options can be equally rewarding.
Back when I was in college, when I first started classes, the demand for new engineers was so strong that every graduate had multiple job offers without even trying.
It is hard to imagine any month during the thirty years I have been writing this column which had more bombshell headlines than the past thirty days.
Anyone seeking evidence that the standard leftist/socialist dogma may not work well need look no further than two western hemisphere governments, Venezuela and Puerto Rico, as both are now being wracked by financial and social upheavals.
Based on historic indicators, last month’s precious metals performances gave us two reasons for optimism.
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