Tuesday, November 6, 2007

Joseph H. Hirshhorn

1900--1981
Good quote:
He was an unabashed promoter and entrepreneur who announced his arrival with a full­page advertisement in The Northern Miner, entitled "My Name is Opportunity and I Am Paging Canada."

Born in Latvia. Raised in Brooklyn. Ah, like that comics generation.
Sold newspapers. Jewish? Went to Wall Street. Made a fortune.
Got interested in Canadian Gold.

Met some prospectors. Made some money off Gold.
Did financing for a Kirkland Lake gold mine.
Did financing for Doug Wright Dome mine in Porcupine.

Big deal? Did the money for the Blind River Uranium of Elliot Lake.
1949-- teamed up with Franc Joubin to explore it.
Got some Uranium in Saskatchewan near Athabaska.
Then a Gold mine called the La Ronge Copper Gold.
But main deal was the Blind River Uranium-- financing what would be 8 uraniums.
Lots of money--> economists guess he added 30 BILLION to Canada.
Nice.


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