Companies · Mining & Resources

Honey Gold Processing Llc

MOUNT PLEASANT · Mining & Resources · refined from filed group “Other

Diligence memoA one-page analyst read on Honey Gold Processing Llc — recommendation, valuation, rhythm, risks.
$2.0M
Total raised · real
1
Rounds
1.0×
Latest step-up
Top 52%
Sector rank · raised
Seed
Latest stage · inferred · Tue Oct 02 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

Honey Gold Processing Llc looks over-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the extractive sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Over-valued
  • Modeled value is 1.64× the median modeled value of Seed Mining & Resources companies in 2016–2018 (23 peers) — value vs value, same stage and era.
  • Issuer reports no revenue, yet is modeled well above niche peers.
Dormant
  • Last raise 7.7 yr ago; this sector typically re-raises about every 11 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Honey Gold Processing Llc behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
8.0 yr record
Peak capital year was 2018 with $4.0M across 2 filings.
Market position
ahead of 49% of Mining & Resources peers
Capital scale is ahead of 49% of Mining & Resources peers; modeled value is above 80% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2018: $4.0M across 2 filings.
  • Largest single filing was $2.0M on 2018-07-01.
  • Filing rows sum to $4.0M, while canonical raised total is $2.0M; likely amendments/superseded rows are mixed into the detail view.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
  • Canonical filtering should be tightened before using row-level totals for diligence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Mining & Resources

Honey Gold Processing Llc is one of 701 Mining & Resources companies tracked from MOUNT PLEASANT. By capital raised it ranks mid-pack (ahead of 49% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
No revenue
Issuer revenue
Rule 506(b)
Reg D exemption
17
Investors (latest)
2018
Year incorporated
2018-10-02
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$5.0M$10M$15M$20MSeed · 2018-07-01 Raised $2.0M (real) Modeled valuation $11M (est)$2.0M$11MSeed2018Seed · 2018-10-02 Raised $2.0M (real) Modeled valuation $11M (est)$2.0M$11MSeed2018+$2.0MCumulative $4.0M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$2.0M · 2018
Seed extension$2.0M · 2018

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$10.7M
Base estimate est.
$1.7M
Conservative case
$84.2M
Upside case
$10.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.

Seed · modeled $10.7M · 2018-07-012018Seed · modeled $10.7M · 2018-10-022018
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 59% high
1.19×/yr
Annual markup
1.56×/yr upside case
6.0 yr
Elapsed time used
7.8 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
3 mo
Avg between rounds
$7.9M/yr
Capital velocity
8.0 yr
On record since
2018
First round
2
Rounds on file
How it compares to the market

Benchmarked against 701 companies in Mining & Resources. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 0.9× of median
This company$2.0M
Sector median$2.3M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.9× above median
This company$2.0M
Sector median$1.1M
Modeled value — vs sector median (estimate, all stages) 4.2× above median
This company$10.7M
Sector median$2.5M

Raised more than 49% of sector peers (real $). Modeled value above 80% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #6 of 23.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Constantine Metal Resources Ltd. · Seed Raised $3.5M · modeled $18.7M (est)Superior Gold Inc. · Seed Raised $4.1M · modeled $17.8M (est)Bare Metal Standard Inc. · Seed Raised $6.0M · modeled $16.1M (est)Kenadyr Mining (Holdings) Corp · Seed Raised $2.3M · modeled $12.3M (est)UltraConductive Copper Company, Inc. · Seed Raised $2.2M · modeled $11.6M (est)National Silver-Lead Mining Co · Seed Raised $2.4M · modeled $10.7M (est)Liquid Gold, LLC · Seed Raised $1.9M · modeled $10.2M (est)Antipa Minerals Ltd · Seed Raised $1.5M · modeled $8.1M (est)Quasar Mining Group, Inc. · Seed Raised $1.4M · modeled $7.6M (est)Discovery Metals Corp. · Seed Raised $1.3M · modeled $6.8M (est)Caracara Silver Inc. · Seed Raised $1.2M · modeled $6.5M (est)Honey Gold Processing Llc (this company) Raised $2.0M · modeled $10.7M (est)Honey Gold Processing Llc
CompanyStageRaised · realValue · estvs peer med.
Constantine Metal Resources Ltd.Seed$3.5M$18.7M2.87×
Superior Gold Inc.Seed$4.1M$17.8M2.73×
Bare Metal Standard Inc.Seed$6.0M$16.1M2.47×
Kenadyr Mining (Holdings) CorpSeed$2.3M$12.3M1.88×
UltraConductive Copper Company, Inc.Seed$2.2M$11.6M1.78×
Honey Gold Processing Llc this companySeed$2.0M$10.7M1.64×
National Silver-Lead Mining CoSeed$2.4M$10.7M1.64×
Liquid Gold, LLCSeed$1.9M$10.2M1.56×
Antipa Minerals LtdSeed$1.5M$8.1M1.24×
Quasar Mining Group, Inc.Seed$1.4M$7.6M1.17×
Discovery Metals Corp.Seed$1.3M$6.8M1.04×
Caracara Silver Inc.Seed$1.2M$6.5M1.00×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$2.0M2018-07-01$10.0M$10.7M90%
Seed$2.0M2018-10-02$10.0M$10.7M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$2.0M2018-07-01
    • First recorded raise — entered as Seed.
    • 17 investors on this round.
  2. Seed$2.0M2018-10-02
    • Came back fast: 3 mo vs the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 17 investors on this round.
Intelligence
2019 ~Q1
Modeled next raise · ~3mo cadence
$2.0M
Modeled next size est.range $2.0M$3.2M
1.0×
Last step-up
$7.9M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Eric Duffner2018-07
Thomas Blakely2018-07
Travis J Newman2018-07
Registry & provenance

Honey Gold Processing Llc is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1759544
SEC CIK
2018
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Rose Gold Cosmetics LLCMining & ResourcesSeed$2.0M$8.8Msame sector · same stage
Comstock Metals Ltd.Mining & ResourcesSeed$2.0M$6.1Msame sector · same stage
Alicanto Minerals LtdMining & ResourcesSeed$2.0M$4.6Msame sector · same stage
Revival Gold Amalgamation Corp.Mining & ResourcesSeed$2.0M$5.6Msame sector · same stage
Sonora Gold & Silver Corp.Mining & ResourcesSeed$2.0M$2.0Msame sector · same stage
Paycore Minerals Inc.Mining & ResourcesSeed$2.0M$7.7Msame sector · same stage
Moneta Gold Inc.Mining & ResourcesSeed$1.9M$6.3Msame sector · same stage
Exploration Technologies, Inc./DEMining & ResourcesSeed$1.9M$4.6Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Liquid Gold, LLCMining & ResourcesSeed$10.2M84%
MAS Gold Corp.Mining & ResourcesSeed$4.9M83%
Pure Gold Mining Inc.Mining & ResourcesSeries A$19.3M83%
Deep Gold LLCMining & ResourcesSeed$5.8M83%
Eclipse Gold Mining CorpMining & ResourcesSeries A$3.5M83%
Angel Gold Corp.Mining & ResourcesPre-Seed$390K82%
AU Gold Corp.Mining & ResourcesPre-Seed$1.1M82%
Gold Flora, LLCMining & ResourcesSeries A$42.0M81%
Frequently asked
How much funding has Honey Gold Processing Llc raised?
Honey Gold Processing Llc has raised approximately $2.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Honey Gold Processing Llc's estimated valuation?
Provath's modeled valuation for Honey Gold Processing Llc is approximately $10.7M (modeled range $1.7M–$84.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Honey Gold Processing Llc at?
Honey Gold Processing Llc's latest modeled financing stage is Seed. Its most recent recorded round closed around Tue Oct 02.
What does Honey Gold Processing Llc do and where is it based?
Honey Gold Processing Llc operates in the Mining & Resources sector, based in MOUNT PLEASANT.
Explore related

See where Honey Gold Processing Llc sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Honey Gold Processing Llc, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.