logi Gold Begins Offering Forward Sale of Gold at a Discount

Designed to Help Miner grow his Business - Limited Amount of Gold Available
 
Gold Concentrate Ready for Final Processing
Gold Concentrate Ready for Final Processing
PHOENIX - April 9, 2014 - PRLog -- logi Gold is joint venturing with an established miner in the African country of Ghana to begin offering some of his gold production through forward sales, at a reduced price, to industry, institutional and private purchasers.

The miner is delivering gold doré to us at Hi-Tech Precious Metals and Refinery in Dallas, Texas. Currently he is producing around 1,700 ounces a month in the country of Ghana and would like to continue expanding operations. We are currently forward selling approximately 800 ounces per month, one month in advance.

We require a deposit of $1,000 per ounce from our customers, typically $100K for 100 oz, with some purchasers buying as few as 5 oz per month. The deposit is made at the beginning of the month and the bullion is delivered on the last business day of the month, at spot minus 5% to15% depending on the total amount of gold purchased. At the time of delivery, purchasers must pay the rest of the discounted price over $1,000 per ounce. Delivery can be made in several forms of bullion or coin with any premium to spot price difference paid by the buyer or a 1% refiner expense if the choice of bullion mark is the refineries. All gold will be delivered with a global bullion mark. Our customers can choose to take physical delivery of their gold - or sell into the market at our refinery, at spot, and collect the discount in cash. $100K purchasers have the option to purchase under a 120-month contract locking in the discount long term.  We also have an investment vehicle that allows purchasers, not interested in gold delivery, to collect the discount as profit in cash of roughly 12% per month.

logi Gold currently has limited availability for additional gold bullion purchasers, as the expansion of the mining effort is limited in rate. Volume purchasers of over 75+ oz receive the first gold delivery within 60 days. This lag time allows our miner to purchase equipment, hire additional workers and expand production to assure delivery of the extra 75+ ounces.

We do let our investors test the process and procedures with purchases as small as $5K to begin so they understand timing and logistics of the purchases. We have some investors outside of the US that accept their gold at Global refineries in Dubai and London. We could deliver globally to other established refineries as well. To find out how we complete due diligence on our miners, check out our blog at blog.logigold.com.

About logi Gold

logi Gold has a tremendous staff of miners, project engineers, managers and hedgers that are experts in every aspect of Gold mining, processing and refining and may be found at: www.logigold.com

Contact:

Larry Ortega

logi Gold

larry@logifunds.com (email to schedule time outside normal hours)

602 445-6411 (hours: 9:30 AM to 7 PM EST Monday to Friday)

www.logigold.com


Media Contact
Larry Ortega
***@logigold.com
212 655-4467

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Tags:Discount Gold, Gold, Bullion, Logi Gold, Investment, Private Equity, Venture Capital, High Return
Industry:Deals, Investment, Mining
Location:Phoenix - Arizona - United States
Subject:Deals
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Page Updated Last on: Apr 09, 2014



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