Taxes and Fees for the El Dorado Gold Mining Opportunity
(Buck)
Interesting.
What are the taxes, fees, etc. directly charged to me and not covered by the firm making this offer?
What government guidelines must we follow and what security is there for the operation?, Buck
Stan's response: Those are excellent questions Buck. Each of these questions must and will be answered in plenty of detail in the Free Information Package that is being prepared.
Meanwhile, I am at liberty to say a few things at this point that may help with some of your questions immediately.
1. There will be a reasonable "upfront fee" for the sub-lease of the mini, 2-hectare concession.
2. To lower your risk, your "upfront fee" will be held in escrow for 60 days. If, at the end of the 60 days you are not delighted with your results, you can walk away from the deal and recover your upfront fee. We will provide a copy of the escrow agreement in the Free Information Package.
3. There will be a monthly "percentage of production" cost to cover the daily services that are being offered.
4. All government taxes, fees, licenses, permits, environmental reports, and general requirements will be satisfied within the monthly "percentage of production" cost that you pay. This keeps you free to produce gold instead of running around in frustrating circles caused by government red tape.
5. You will need to purchase or lease your own mining equipment.
With all of that said, the business plan is aimed at you keeping (net profit) at least 3-5 times more than what you normally would by running your own mining operation with no support.
As I posted on my web page today, I had no support when I came to Ecuador and it literally took me many years and thousands of wasted dollars trying to figure it all out for myself.
More questions are always welcome.