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A LOOK AT GLOBAL GOLD Paul M. Airasian, Founder, Editor, Goldinstitute.net Global Gold is a small, growing exploration mining company that impressed me as a potential investment. It looked very balanced and diversified in terms of country risk – Armenia, Canada and Chile -- and its conservative management style. Since it was headquartered nearby, in Greenwich, CT, I decided to visit with the CEO, Van Krikorian. The more I got to know about the company, the more interested I became. I later decided to invest and then became a consultant for the company. So I have a bias for the company as well as a sincere belief in its future. To me, Global Gold stands out as a conservative exploration mining companies in that its management and technical staff make decisions only after carefully checking and re-checking before they proceed. It seems that they are very thorough in their due diligence when they evaluate the many new projects presented to them. Global Gold is a leader for environmental and social responsibility in the industry. One of their key principles is sustainable mining, which means being socially responsible in helping the population of a mining locality, rather than merely exploiting the resources and leaving. This approach is earning the company a reputation that should open doors and minds in other nations. In terms of comparative advantage, I think Global Gold has some expertise that other exploration mining companies don’t have. They have expert geologists and environmental engineers who acquire and interpret data nimbly. And their key executives have the kind of firsthand experience in dealing with foreign governments, economies and cultures that enable them to negotiate and keep the support of foreign officials, while maintaining a zero-tolerance of corrupt practices. Canada has tremendous potential for Global Gold. And the company’s recent acquisitions in Chile can be put into production very quickly – in the first half of 2008, they report. Global first began in Armenia in 1995, employed over 300 people there this year, is working at an enviable array of short, medium, and long term exploration properties, and is bringing the Tukhmanuk mine into production by the end of 2007. I’m not a disinterested observer, I have a financial interest, but I think if you do your own research you’ll conclude that Global Gold has the right foundation for continued growth: an exceptional management team, first-rate technical staff, promising acquisitions in other countries, a well-earned reputation for leadership, and a clear vision for the future. Disclosure |