Gold Page #3
7.
STANTON:
Mr. Wells, I’m Lloyd Stanton. My
colleague Henry Andrews.
Wells puts on a smile and shakes hands.
WELLS:
Good to meet you.
STANTON:
Come on back.
INT. COLEMAN & MEAD CAPITAL GROUP - CONFERENCE ROOM - DAY
Stanton and Andrews take seats at one end of the conference
table. Wells stands uncomfortably alone at the other end.
STANTON:
What can we do for you?
WELLS:
Aren’t we waiting for Clive?
STANTON:
Mr. Coleman is tied up in a meeting.
WELLS:
No offense boys, but I was supposed to
be meeting with Clive.
STANTON:
None taken. But, if you were
supposed to be meeting with Clive
you’d be meeting with Clive.
That stung. Wells takes just a moment to recover. Sits. Slaps
a smile on his face and slides documents across the table.
WELLS:
We’re developing some very exciting
properties that are spot-on for your
investor profile: low buy-in with a
sizable upside and the beautiful part
is they’re all only twelve to eighteen
months to cash positive.
Stanton and Andrews listen impassively, scanning the documents.
ANDREWS:
Manitoba?
WELLS:
We picked up an option on a skipped
claim at auction.
8.
ANDREWS:
It’s a ninety day option.
WELLS:
Yes, the window is narrow, but there’s
an excellent shale formation that...
STANTON:
...Natural Gas? Environmental
impact’s gonna be a b*tch. I don’t
like the liability. What’s next?
He dismissively flips the page, leaving Wells to quickly
shift gears.
WELLS:
Eastern Utah. We’re sitting on a nice
land-lease opportunity. The
overburden is borax rich so there’s an
immediate revenue source, but the real
prize is in the granite under-shelf.
Our studies point to rich chromium and
nickel deposits.
ANDREWS:
There’s a pretty long chain of title
on this claim. No payouts. What
makes you think you’re gonna be
luckier than all these others?
WELLS:
All under capitalized. Never got past
development, none of them.
STANTON:
Under capitalized? I’m not sure under
capitalized does your situation
justice.
Wells swallows down another helping of pride and pushes on.
WELLS:
We’ve hit a down turn, yes, true
enough, but...
STANTON:
...Mr. Wells, Washoe has a practical
value hovering just above zero. Your
debt load is untenable and you come to
us with raw land, no infrastructure,
no fungible assets. You can’t possibly
expect us to underwrite this.
9.
WELLS:
I’m talking about a small offering
here. If you’ll just look at the geo
you’ll see what I see, which is money.
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