Second Thoughts on World Mining, Part 1.
This will be the first in a new series of articles that will appear in the EmilyNews blog. The articles will be called “Second Thoughts” and will provide a progress reports on programs that have been listed on our monitor for 100 days or so. That’s roughly three months and, if an HYIP survives for that long, it’s a good indication that the investment plans it offers are sustainable and that the admin of the program is committed to providing an investment platform that is a win-win situation wherein both investors and the project administration come out ahead. Nowadays, with most programs closing within a month or so, this is a rare situation. And, it’s one that we feel is highly commendable.
In case it isn’t clear, we are trying to create a “trilogy” of articles. When a program is first listed on the EmilyNews monitor, we write a “First Thoughts” article in which we provide as much detail as we can about the company itself — its “Legend” — and also introduce the different investment plans that it offers. Next, we write a review of the program where we go into great detail analyzing the investment plans that are offered. In this analysis we take a close look at the profitability of the program as well as its chances of long term survivability. We also might get into other features of its investment plan that we feel are important. Finally, in these new “Second Thoughts” articles, we will take a third look at the program in an effort to understand why it has become a survivor. This should be educational and maybe we will even be able to learn about features of an HYIP that are likely to enable it to survive in the long term.
But, my apologies for this long introduction! Now, let’s talk about World Mining…
In the first part of our review of World Mining, we spent a lot of time “decoding” the five investment plans that the company offers. There is nothing at all wrong with them. However, you might recall that it took us a page or so to explain how the plans work, whereas this should have been made crystal in the website presentation of the plans by World Mining. What we finally came up with in Part 2 of the review was this simple description of the plans:
S1
0.9%/day for 360 days
$15 – $2,025
S2
0.96%/day for 360 days
$150 – $7,500
S3
1.03%/day for 280 days
$900 – $15,000
S4
1.13%day for 290 days
$4,500 – $150,000
S5
1.3%/day for 300 days
$30,000 – $300,000
Next, we determined the daily net interest (DNI) for each of the plans and got the following results:
Plan DNI
S1 0.62%
S2 0.68%
S3 0.67%
S4 0.79%
S5 0.97%
Finally, we determined the break even point for each of the plans and got:
Break even points
S1 112 days
S2 105 days
S3 98 days
S4 89 days
S5 77 days
These are the “data” for the program. I’m going to stretch this news commentary out into two parts as I would prefer to keep these commentaries BRIEF. In the second part, which will appear here tomorrow, we will start right where we left off here and discuss why we believe World Mining has turned out to be a survivor. And, you will probably NOT be surprised to learn that the reasons have everything to do with the information (the “data”) that appears above. Take a look and see if YOU can decide why World Mining is a winner. Then, you can compare your thoughts with mine after you read Part 2 of this Second Thoughts article tomorrow and see if we agree!
*********************************
If one of the paying programs on our Monitor appeals to you, please support EmilyNews by registering for it on our website. Thanks very very much!
*********************************
Be the first to get most important HYIP news everyday!
Simply Follow EN Facebook, EN Telegram, EN Twitter
or Subscribe to EN Feedburner and submit your email address!
If you like this article, please share it by using the social media buttons below.
