Business & Investments

Article Excerpt

When you think about putting money in any investment that has yet to establish a history of profit, you need to keep one key fact in mind: It’s far easier to create an intriguing investment opportunity than a successful, self-perpetuating business. Mind you, both tasks take some ingenuity. Both call for an injection of capital and the application of various professional services. However, all businesses start out as investments. But few investments turn into self-perpetuating (that is, profitable) businesses. It’s particularly crucial to keep this fact in mind if you are thinking about investing in a hot penny mining area. One good current example is uranium exploration. High prices for uranium are stirring up a lot of investor interest. This interest attracts two kinds of business people: 1. Geological types who know that if they can find a worthwhile uranium property, they can get exploration financing. 2. Investment types who know that if they can find something that can pass for a worthwhile uranium property,…