The Wiegand XYZ Barite
Mining Project in theState of Guerrero, Mexico
Prepared by Fred
Wiegand, Professional
Engineer and Degreed Geologist
June
2013
Investors in the Wiegand mining
projects in Mexico are advised
and invited to do their own
due diligence. Public sources of
information are available online, including:
http://mexico.pueblosamerica.com/i/tetipac/
Tetipac mining and tourist
area
http://www.sgm.gob.mx/pdfs/guerrero.pdf
document by Servicio Geolo(h)gico
Mexicano SGM of the Mexican Gobernment
latitude from the equator 16 deg to 19
deg North
longitude
from Greenwich England 98 deg to 102 deg West
( negative on Google Earth and Google Maps )
The Spaniards took over mining operations
from the Indian tribes in the
mountains near Taxco, state of Guerrero, country
of Mexico, in the 1600s, when
the Catholic monks began building
the Spanish style rock churches
in the mountain villages. From the
years of the 1600s, the systems
of record – keeping have evolved, and
now GPS satellites and computers
are used for the planning of
the operations and development of
ancient mines and modern mines.
Taxco ( pronounced tasko ) is
one of the most famous silver mining
areas in the WORLD, and has some
of the best silver shops in
Mexico, ranking on par to the
silver shops in the Pink Zone of
Mexico City and probably more silver than in Dubai.
The state of Guerrero is
bounded by other Mexican states,
including the State of Mexico, the states of Morelos,
Puebla, Oaxaca ( pronounced "wahaka"), and Michoaca(h)n
reaching the Pacific on the West. The state
of Guerrero reaches the Pacific,
has modern cuota roads with no strictly imposed
speed limits ! up to 180, airports, and wired and wireless
communications. Agriculture, mining, and tourism
are important income-generating industries for
the state of Guerrero. Acapulco is
one of the most famous ports and tourist
cities in the state of Guerrero, Mexico.
There are others, too, of course.
Getting
to Mexico City and / or Toluca,
the state capital of the State
of Mexico, is easy. Interjet
is a very good airline with
new features and good prices.
Hotels are plentiful, modern and
clean for $75 USD per night, so
all you need is your passport,
a couple of hundred cash, a credit card, an
overnight bag, and a friend. Discounts
are offered for two adults
at most places, as well as discounts for senior
citizens.
See on the following page the
map of the state of Guerrero,
Mexico.
Mining in Mexico
has a history spanning from
the early 1500s until today in the 2010s,
more than 500 years. Of course, some
mines have been very successful,
and other not so successful,
for various reasons, including heavy
rains, storms, fluctuations in the
sales prices of minerals, fluctuations
in the costs and availability
of machinery, socio-economic changes including
costs of labor, marketing changes
due to competition from other
states in Mexico, and mines
in other countries, etc. Lady
Luck also plays an important
role in successful mining, and
a savy miner knows how important
it is to follow the ore vein,
in spite of the complex geology,
topography, and local economy.
There
are many mines in the state
of Guerrero, Mexico. Depending upon the
mineral you want to invest
in, you can find many opportunities
to associate with a mining
company as an investor. It is not
so easy to “strike it
rich” on the first mine
you invest in, even if you
study it a long time and
are as careful as possible.
In my view, the investor’s
luck depends more on who he
/ she “gets in bed
with”, than many other factors.
Even so, today in June 2013,
due to the tremendous advances in technology;
small companies with advanced technology
and the technical experts who know
how to use it, have more chance
of making big ROIs than big companies
with 8 to 5 employees who do
not answer the telephone during business
hours, letting cold calls roll over
to the menu computer answering voice,
be it male or female computer voice.
A small investor trying to
call a big mining company better
go to the beach and have some
fun.
See www.acapulco.com/vacationrentals/index.php
Now, for those daring individuals
who want to invest in Mexico
mines, please shoot us an email
to
whmsa2013@yahoo.com.mx
and let us know HOW
MUCH you want to invest as
a “sophisticated international investor” with “buyer beware”
excitement, and we will get
back to you soonest.
Director
General,
Fred
Therefore, a reasonable
Qualifications Matrix should include the
educational and experience qualifications of
the major players and company officials
who are the team leaders in
the mining company.
Qualifications Matrix
| Mining Project
Qualifications Matrix | | | | | | | | |
| | | a | b | c | d | e | f | g | h | i |
| | | | | | | | | | | |
| 1 | years of experience | | | | | | | | | |
| 2 | years of education | | | | | | | | | |
| 3 | market
analysis | | | | | | | | | |
| 4 | distance
to buyer | | | | | | | | | |
| 5 | shipping
& handling | | | | | | | | | |
| 6 | administrative
support | | | | | | | | | |
| 7 | value of
mining equipment | | | | | | | | | |
| 8 | certificates
of training | | | | | | | | | |
| 9 | safety
records | | | | | | | | | |
| 10 | profit
analysis | | | | | | | | | |
| 11 | financial
statements | | | | | | | | | |
| 12 | banking
accumen | | | | | | | | | |
| | | | | | | | | | | |
| | | | | | | | | | | |
| | Instructions: | | | | | | | | | |
| | choose
grades from 1 to 10 | | | | | | | | |
| | for
each category "a" throug " j " | | | | | | | | |
| | sum
numbers down | | | | | | | | | |
| | add
numbers to the right | | | | | | | | | |
| | divide
by 120 | | | | | | | | | |
| | compare
each company | | | | | | | | | |
by
Individuals with advanced
technical skills can now make
a Mining Qualifications Data Cube
by mine, by company, and other
criteria, and easily calculate a
numerical comparison score relatively quickly.
These methods are acceptable scientific
methods for estimating Risk and
Probabilities of High ROIs.
See
the Wiegand Theory of Risk
Analysis as applied to petroleum
exploration and mining ventures.
