Steps

Step Probability Steps (All steps must be adhered to
1 10% Basics - Contact names, copy of passport(s), discuss seller/buyer, gold origin, quantity. ONLY buyer decides refinery
2 20% Visual Zoom - Visual conference call with all relevant parties. Terms discussed. Escrow explained.
3 30% Face to Face - Meeting with Buyer and Seller/Miner at Chief Gold Movenpick Office for security reasons. Pictures or product validating gold
4 40% Deep Diligence - Chief Gold performs extensive due diligence on the Seller/Miner and company registration.
5 50% SPA - Buyer/Seller starts writing SPA
6 60% SPA Signed - SPA signed with passports, company seals
7 70% Delivery - Seller brings the gold to the refinery without Chief Gold in presence. Buyer schedules assay and funds.
8 80% Assay - Gold assayed/smelted at BUYER selected refinery
9 90% Payments - Payment to Seller/Miner, Escrow Paymaster initiated
10 100% Completed - All funds for Buyer and Seller finished

Instructure for Pictures & Video for Proof of Product

  • Date format (mmm-dd-yyyy)
  • Quantity
  • Names (a. Chief Gold, b. Name #1 [ to be defined ], c. Name #2 [ to be defined ])
  • Add a local newspaper and clearly show the date and newspaper name