Unlike the other businesses, mining is extremely risk-sensitive. There are much more mining companies than there are projects, and the supply and demand ratio is the key fact that makes your investing profitable or not. In California, the risks of investing in mining are determined by somewhat different criteria in comparison to the other states.
Mining can be a profitable business but usually, comes with a lot of risks. There are about 40.000 mining companies in the world, with 3.500 of them listed. However, not all businesses are of same expertise and market value. There are only 2.000 firms that are significant cap investing companies. The others are either mid