Constant Growth + Reduced Overhead
Converge Global is constantly expanding their mining operations while investing in and utilizing the latest exploration/mining technologies to reduce corporate overhead.
Maximizing Shareholder Value.
Converge Global is committed to maximizing shareholder value through aggressive acquisitions of mature developed exploration properties.
Converge Global Announces Assay Results and Geological Engineer's Preliminary Conclusions at Eagle Nest
Converge Global, Inc. is pleased to announce the assay lab results and preliminary conclusions of the Geological Report on the Eagle Nest Mining Property ("Eagle Nest") in La Paz County, Arizona.
Warren Hawkins, P. Eng. of Hawk Exploration Consultants stated "Laboratory analysis has confirmed that the main and south zones at the Eagle Nest Property are hosts to gold, silver and copper mineralization."
AmeriChem Engineering Services Joins Converge Global for the Development of the Eagle Nest Mining Property
Converge Global, Inc. announced today that AmeriChem Engineering Services ("AmeriChem") has agreed to work in association with the Company on the Eagle Nest Mining Property ("Eagle Nest") in La Paz County, Arizona.
Converge Global Expands Eagle Nest Mining Property and Receives Preliminary Geological Report
Converge Global, Inc announced today that it has expanded its Eagle Nest Mining Property in La Paz County, Arizona, by acquiring an additional 23 adjoining claims.
We Are Running Out of Gold. According to Galmarley, all gold ever mined is worth $1.8 trillion dollars.
All gold that has not been mined is worth about 40 percent of the mined gold or $0.7 trillion dollars.
Adding these two numbers together we get $2.5 trillion dollars worth of gold bullion, both mined and underground. This number may sound high but it is actually really low compared to the current US national debt of $9 trillion dollars. Now, let's factor in the national debt of all other countries and the supply of gold looks even lower.
Put simply, the supply of gold is extremely low. Since we are running out of gold very quickly, all gold left in the ground is extremely valuable. Who owns the gold that is left in the ground? Gold mining companies. The very fact that there is not much gold left is a very strong reason in favor of investing in gold mining companies.