• sushibowl@feddit.nl
      link
      fedilink
      English
      arrow-up
      1
      ·
      11 months ago

      here it is. The whole thing seems rather murky and somewhat shady too. The most specific statement on it is this:

      Arnold’s story included answers from Errol about the mine, who said he had “very limited involvement” in it. Arnold paraphrased his answers, publishing that he said “it was a handshake deal with a Panamanian man that resulted in something like 110 emeralds up front and then a semi-regular trickle of rough stones over a few years following,” and that “there was never formal ownership.”

      The wealth earned from the investment in the mine was quantified to be about $400,000 USD, taking into account inflation when Arnold’s piece was written in 2021, according to Errol. “Errol also quoted a lower number to me over the phone,” Arnold wrote. “He also claims he was getting emeralds from other sources, with only 60-70% coming from this venture.”

      So maybe not a whole emerald mine, but like an unofficial small stake in an emerald mine? Still, 400k ain’t bad at all for a handshake deal.

      • Mongostein@lemmy.ca
        link
        fedilink
        English
        arrow-up
        2
        ·
        11 months ago

        Honestly it sounds to me like there’s an effort to keep his father’s involvement in emeralds a secret.