Possible deals in Mindanao

Nation building via learning and being the best in business

Met yesterday land owner (of 10 hectare property) in a province in Mindano just renamed recently.   The property is 10 hectares and sitauted in the most progressive and heavily populaed in that gold rich country.   It is famous for big time and small time (cottage industry) gold miniing    The gold production of the province is estimated to be 30 to 40,000 ounces annually.   At P8,200 per gram (25 grams to an ounce) thats a lot of wealth.

The property owners are from this hometown and grew up here.  They inherited the property from their Lolo.  ( So it is ej)  They are colleges.   The husbank worked with us on our outfit, the wife worked with the bank I used to work.    It looks like a reunion.  

It could be a sale of Joint project   Their asking price seem to be reasonable but if we could ask for furhter discount.

The upside is that it is near the mun cemetery which is 50% filled up (duon magsurvey?)   it is 3 km further up.  Baka masyadong malayo  

I look forwaqrd to having more projects on the way to the site on two most progressive and populated areas in the said famous province/city.  

A project in gold city and 3 more projects at 1B each revenues? (in next 10 years?)

Nation building via learning and being the best in business

Potential target cities:         Ta...m   300,000 pop  (MP exists)

                                            Pa...bo  200,000 pop  (MP exists)

                                            M....ayo  90,000  (cemetery at the Bo)

                                            M..i        148,000  (Camus)

There could be  a room for a better one.... It is nice to be part of continuiing creation of the Alpha and Omega....

Will I be given a privilege to live longer?   Thanks the Lord

A mate in physical fitness showed me docs of a property in Mindanao - at first I was not interested

Nation building via learning and being the best in business

A senior biker just like me at high hills in our town showed me docs of property in Maindanao in Compostela valley.  The property happened to be owned by the wife of a former staff who now works in a Casino in this town.   The bikemate happened to have a daughter in law working as a branch manager of the top Unibank in the Philippines.

At first,, I was not interested  but later on found out that:    1.  That the municipality is thickly populated    2.  It is a first class municipality whose annual income nears 10 numbers - even bigger than the town I am now.    3.  The town is where the  gold rush mountain is located.  It produces roughly 50% of the total precious metal output of the entire island which is 50% of the total mineral output of the Philppines (so roughly 25% of the total precious mineral output of the entire country.   (This is where I heard the story before that the taxi to the mining sites are Patrol Safari.)  4.   It is only 60 km north of Tagum, the banana capital of the Phl.     It is not that far to Davao City.

At P8,300 per gram,  x 30,000 ounces (x 25.4 gm per ounce.)

What are the opportunities:    1.  mineral trading, 2.   housing,  lending/finance    3. our memorial business,    There is new cemetery at Baylo.  The site is 3 km further up at Gabanan

Several things can be opportunties:   1.  precious metal business -  your best bet vs. recession inflation,   2.  agri food production (for survival)    3.  RE -  hydro or solar

Gold mining at Mt Diwalwal





Travel from DC to Monkayo

3 things people look for value in a business offering

Nation building via learning and being the best in business

They look for 3 things

1.  Solution to a problem/problesm:   eg.  pest control, flood control, health problems, marriage counselling health issues

2.  Convenience -  a car, motorcycle, AC,  air travel, remote control, computer 

3.  Experience:    kidzoona, trip, hotel,  vacation,  adventure, food trip etc.

Which type of business are you in?  

What are you doing to be th best in that category....

Sluggish economic environment due to politics and bad weather now affecting businesses in the PHL; just 2.8% (not 6%?!)

Nation building via learning and being the best in business

What used to be once prosperous business environment is now becoming a challenge for many businesses.  May be for essentials:   transpo, electicity, utilities, there is not much effect But for other industries, it would tell:   low sales, low cash flow and eventually closure.   Couple this with endless taxes and challenges from ways and means people of the govt.   

We dont want alibis and excuses.  But war in Iran, the rise in fuel prices, the rise in interest rates.    PSE BSP can feel this.  Everybody feels this.

What is the antidote.  

From Robert Schuller;   TOUGH TIMES NEVER LAST, TOUGH PEOPLE DO.

Is a force majeure event a ground for not strictly enforcing a provision of the agreement?

Nation building via learning and being the best in business

State of Calamity nationwide, 9. 1 million Filipinos affected, 178 areas affected

A business protege is encountering a difficulty.  He had a  huge amortization in the agreement due end of July.   However, the initial agreement was  delayed by 3 mos because the father for no apparent reason  said there was not spa signed.  It took 3 mos before he was placated and had conformity to the original agreement.  

Now there is a flood due 3 weeks of incessant rain, and the place of the proejct is unreachable because of the flooding at the expressway on  the way to the project site.  The province is also placed on state of emergency.   

Way back in 1986, I encountered similar problem due to EDSA reb The land owner understood the situation and gave me extension.