America: My Time
Chapter 180 The Mine
Chapter 180 The Mine
Chapter 180 The Mine
"Boss, that's impossible. Chrysler isn't stupid. They can't possibly be unaware of Bentley's intentions. They'll definitely raise the price to maximize their profits from such a great opportunity! Even I, an outsider, can see that. They can't possibly be unaware of it, and they certainly can't miss this huge opportunity!"
"If all of this happens, it will be even better. Bentley Motors will have a better excuse: it's not that I don't want to create jobs for you, but that someone is unwilling. Do you think Bentley's decision to acquire Jeep was made without any preparation, or that of Polaris Industries? These were all deliberate choices, not rash decisions."
Don't underestimate John, no matter how young he is. Those who underestimate him will pay a heavy price. Don't be misled by what you see; everything is under John's control. Even though he's in Japan, he firmly grasps the situation in the United States! At this time, under these circumstances, the pressure John faces in making the acquisition decision isn't as great as you think; the pressure is actually on those who are plotting against him.
“Boss, we have another issue to address. John’s investment in mining is far greater than we imagined. After the discovery of that world-class gold mine, we’ve made new discoveries. He’s also been hiding two prospecting teams, and these teams have also made gains. If it weren’t for the assistance of those gold prospecting teams, we probably wouldn’t even know about these two hidden teams!” Jimmy, having put down the Bentley Group, brought up a new question.
"This is indeed quite surprising. It seems he really wants to make a big splash in the mining industry. What kind of mine has he found this time, and what is its value?"
"These are also world-class mineral deposits with astonishing reserves, but this time they're not gold mines, but lead-zinc and palladium mines. The Red Dog lead-zinc mine is also in Alaska, and the Stillwater palladium mine is in Montana. They've also announced that they're for sale. The sale of three world-class mines is a major shock to the entire mining industry! If these three mines are successfully sold, he will have a large sum of money at his disposal!"
"What is he trying to do? Selling three world-class mines at this time. If things were developing normally, he could have kept one or even two mines and made more profits!"
“I don’t understand why John did this either. Selling the other two mines and keeping the gold mine would have been the right choice, maximizing profits and not creating any burden for himself. But he didn’t do that; instead, he sold them all. Soon it will be time for Nvidia and Dream World to raise funds, and soon Game World will also go public. In this way, John will have a huge amount of money in his hands, and he can even pay off most of the loans instantly.”
"It's really hard to understand. If such a large sum of money were just sitting in his hands, it would be a waste. What is John planning to do with so much money?" At this moment, Morgan was also puzzled. If it was just to acquire Jeep and Polaris Industries, he wouldn't need such a large sum of money. What was John planning?
"Boss, do you think John might be trying to acquire a pharmaceutical company? He mentioned it before."
"Impossible. That kid wouldn't do something so foolish. He has absolutely no experience in the pharmaceutical field. He wouldn't rashly acquire a large pharmaceutical company. Even if he made such a decision on impulse, his think tank wouldn't agree! It's really incomprehensible. But we don't need to worry about it too much now. If he really wants to make an acquisition, he will definitely come to Morgan again. Now you need to complete the Bentley deal as quickly as possible. No matter what John is scheming, no matter what's behind all this, we just need to complete our mission!"
That being said, as a bank, Morgan couldn't possibly be completely unprepared for its clients. If John had indeed amassed such a large sum of money in preparation for an acquisition, and Morgan knew nothing about it, it would be a disaster! However, the Morgan tycoon still didn't believe that John would make such a large investment in pharmaceuticals.
It's impossible for other banks to be unaware of the information Morgan was able to find, and it's also impossible for those who wanted to take advantage of John to be completely ignorant. Two more world-class mines have been discovered, leaving many people in awe and impressed by John's 'good luck'. How long has it been since he discovered two more world-class mines!
Although many knew John had received substantial loan support from the Japanese bank, selling these three world-class mines would significantly alleviate his financial burden. Furthermore, the upcoming merger between Nvidia and Dreamworld would bring in another large sum of money, leaving many astonished by John's cash reserves. At this moment, many suspected John was planning something big, that this frantic accumulation of funds was preparation for something significant, but they couldn't fathom John's intentions or the direction of his investments. Expansion, whether for Legendary Entertainment or Bentley Motors, wouldn't require such a large sum of money; mining was even less likely. If John were truly interested in developing mining, he wouldn't have sold three world-class mines at once!
Many people wanted to figure out John's plan, but unfortunately John was in Japan, which prevented them from even having a chance to investigate. The more this was the case, the more nervous those bastards who wanted to scheme against John became, and the more impatient they were to speed up their actions. And in their haste, mistakes were bound to happen!
Two more mines are up for sale, causing a huge stir in the entire mining industry. Three world-class mines are a tremendous temptation for any mining company. Because John is in Japan, the Japanese mining companies are very excited and want to learn more from him, hoping to get the best deal.
Those in the US who had been closely watching John naturally learned of this news. The discovery of new mines shocked many who wanted to take advantage of John. Having only just entered the mining industry, he had already discovered three world-class mines at once. Was this luck, or genuine capability? Many couldn't help but wonder. It was truly terrifying. World-class mines only appear a handful a year, sometimes not even one every few years, yet John had three appearing at once.
At this moment, some people began to doubt the land John bought in Alaska, believing that there were mines there as well. Unfortunately, it was now private property, and even if someone wanted to explore it, they couldn't, because it had become a hunting ground and was patrolled by security companies. Those people could only give up, because no one dared to trespass on private property, especially private land with armed forces!
Those with ideas were all mining giants in the United States. They couldn't contact John or get any more information from the mining companies, so this was agonizing for them. The three world-class mines were definitely of considerable value and profit, and no mining company could ignore them.
If anyone was still calculating how to exploit John's debts and try to cut him off financially, their plans have now failed. With the sale of these three mines, John will have a large sum of money at his disposal, not to mention the subsequent financing. Some had even tried to manipulate the financing process to lower the value of Nvidia and Dreamworld, believing John was under immense pressure to repay his debts; now that idea has also fallen through.
The American mining giants couldn't reach John, but the Japanese mining giants were different; they could. For a resource-poor country like Japan, mineral resources are of paramount importance. Upon learning that John was selling three world-class mines, they were all tempted and wanted to acquire them.
A direct visit would be too impolite to the Japanese! Through compromise among the Japanese conglomerates, Dai-Ichi Kangyo Bank hosted a reception. Why not Mitsui? Because Mitsui and John had a very close relationship, and people didn't trust Mitsui, fearing he would monopolize all the benefits. Therefore, Dai-Ichi Kangyo Bank became the best choice, given its previous excellent performance and consistent praise.
Of course, this party wasn't just about the mine; there were other things too. For the banks, they worried that John, with his vast funds, might prepay his loans—the last thing they wanted. Some, after some investigation, were optimistic about the development of the shopping mall in Japan, seeing great potential. However, a slight unease lingered: large shopping malls require enormous capital, and even top-tier properties wouldn't be easily sold. So, many thought of John again, remembering his earlier statement that Japan was merely a testing ground. This made them wonder if John had more plans, and whether they could consider collaborating with him on joint development.
Going directly to John to discuss cooperation is a joke. They have no dealings with John, and the Japanese wouldn't do that. Going directly to his door to discuss cooperation would be too impolite. They don't know how John will react, and if they are rejected, it would be too embarrassing!
Although John owns a number of properties in Japan, these properties are all based on his own development needs. The only real commercial buildings he owns are the shopping mall and hotel complex that are currently under construction. Therefore, it would be impolite for John to take the initiative to discuss cooperation on shopping mall properties at this time. No one will give up their interests for no reason, and John is no exception. Why would John cooperate with them if there were no benefits? Cooperation also requires benefits.
(End of this chapter)
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