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Message: Gold Mania in the Yukon

In late April of this year, Ryan and Wood combined all the Yukon claims that weren’t under contract already, a total of more than 1,300 square miles, and put them into a new partnership that included Ned Goodman, a legendary investor in Toronto. In exchange they received more than 20 million Canadian dollars in cash and stock and as much exploration backing as they could handle. The new company is called Ryan Gold. Ryan wants access to as much money as possible this summer, because capital for gold prospecting will never again in his lifetime be so readily available and, besides, within a few years the territory will be crowded with claims. “It’s a land-grab game now,” he said, as we sat and talked in Mike Burke’s living room in Whitehorse. Burke recently quit his government job. He now works for a junior called Golden Predator. He has joined the gold rush, too.

Great article.

This guy is into everything (goodman)

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