Gold Mining USA Inc (OTCMKTS:GMUI) recently reiterated its commitment to create value for shareholders. The management also reaffirmed commitment to the core business of acquiring and developing mining projects.
How got get there
Gold Mining USA Inc (OTCMKTS:GMUI) is looking at multiple strategies to generate shareholder value. The management highlighted continued acquisition of quality assets as part of the effort to bring out shareholder value. After the acquisitions, Gold will be seeking to develop the assets in the most efficient manner.
Additionally, Gold is looking at joint venture arrangements as another way to create shareholder value. There have not been any specifics of recent joint venture deals, but it seems the management is betting that joint ventures can accelerate building of value for shareholders.
Divestment transactions
Moreover, divestiture is also in the cards. Gold Mining USA Inc (OTCMKTS:GMUI) will be assessing its portfolio of assets to see which ones it needs to keep and which ones to monetize through divestiture.
Strong leadership
As Gold Mining USA Inc (OTCMKTS:GMUI) continues with acquiring mineral assets and working towards developing them, the company is also strengthening its leadership. The company recently highlighted some of the talents it has got on its board of directors or as consultants to show how it is shaping up to be a leader in minerals and mining business.
Gold’s President, Maurice Byrne, said that Laurence Olivier, who is a director of Gold, has extensive experience in mining. He was previously a director of a South African mining company and has worked as an independent consultant for over three decades.
The other talents that Gold boasts of are Dr Brian White, a consultant in the line of mining and an adjunct professor at the University of Queensland. Mr. Gavin Brown, a mining specialist who is helping Gold in assessment of new mining projects and preparation of feasibility studies.
John Sainsbury, a geologist with more than 40 year experience is another talent helping Gold get things right in its business. Then there is Mr. Gary Lynch, who the CEO says brings to the company background in industrial chemistry and related mining activities.
With the right business plan in place and highly experienced experts guiding its moves, Gold Mining USA Inc (OTCMKTS:GMUI) is looking at returning significant value to shareholders.
