VGoldTrader.com

Welcome to vgoldtrader blog.

 
This blog was created to provide some information about internet investment plan by Virgin Gold Mining Corporation (VGMC)

Even so, it is recommended for investors to ask for consideration of local financial advisers and legal advisers who are experienced before join this investment plan

 

Any questions regarding this investment plan you can contact me

Why Invest in Silver.....

Silver is a precious metal that is most widely used in industrial productions. Experts' reports have identified a global shortage of silver and this shortage will only get more significant with time. Annually, supply of silver is about 10% short of demand in the past 10 years. This has driven the price of silver to increase from USD4.50 /oz. in 2003 to the current price of USD30/oz.

The all-time high price for silver peaked on the 18th of January 1980 at USD49.45 per troy ounce. Three days later, on 21st January 1980, gold price reached USD850 per troy ounce. Gold / Silver price ratio was approximately 16 times.

The historic gold to silver ratio was set to approximately 1 to 16. That is, one ounce of gold is worth 16 ounces of silver. The average price for gold in the past two years was about USD1, 650 while silver sat at around USD30 making the Gold / Silver ratio approximately 50 times. Market analysts and experts said that the 1 to 16 ratio will return again as it always has throughout history. When this happens, silver will be worth a great deal more than it is today.

Therefore, many market analysts have concluded that the correct price/value for silver should be around USD100 per troy ounce.

Of course, nobody can forecast the future market with a 100% certainty but the trend is pointing towards a higher price in silver. Within the past 10 years, silver price has increased 6 folds. There is no reason not to believe that the price of silver will double or triple within the next 10 years.

While Virgin Gold is a conservative corporation when it comes to investing in profit generating operations, the management is strongly optimistic that our future investments in Silver Mining and Exploration ventures will proof to be very beneficial to our shareholders.

CPS-SILVER

The management is pleased to announce the launch of Convertible Preferred Shares, CPS-SILVER effective today, 1st of March 2013. This offer is made available to all current and new shareholders of VGMC.

The objective is to exploit the market potential of the strong underlying growth potential of Silver over the next five (5) years. As subscribers to our CPS-PLATINUM know, since its launch six months ago Platinum has consistently outperformed Gold. In fact, due to the exceptional performance of Platinum, shareholders who subscribed CPS-PLATINUM in October 2012 will this month already recover 100% of their original investment. It is our intention to recreate a similar performance for CPS-SILVER.

Details of our CPS-SILVER Offer to shareholders are as follows:

1. Initial Offer Price – USD0.90 in March 2013
2. Projected monthly increment of USD0.05 thereafter until further notice.
3. Minimum initial subscription of 5,000 shares, thereafter blocks of minimum 100 shares thereafter per shareholder.
4. Every subscription to 1,000 CPS-SILVER entitles the shareholder to a dividend of 4 troy ounces (1 troy ounce = 31.1034768 grams) Silver, payable each calendar month. 
• E.g. A shareholder subscribes to 10,000 CPS-SILVER on 3rd of March, dividend of 40 oz. of Silver is paid on 3rd day of each subsequent month. Silver dividends will be paid in ounces of Silver into shareholders’ SILVER ACCOUNT to be convertible to Credits (USD) in shareholders’ Credit Account at real time spot silver prices and vice versa.
5. The minimum initial subscription offer of 5,000 CPS-SILVER also applies to CPS-PLATINUM holders. In the same way as CPS-PLATINUM’s standard minimum initial subscription of 10,000 shares applies to CPS-SILVER shareholders.
6. In summary, the launch of CPS-SILVER offers the unique opportunity to become an active shareholder of VGMC by subscribing to a minimum of 5,000 CPS-SILVER or 10,000 CPS-PLATINUM or both.
7. Direct Referral Incentives for CPS-SILVER are structured in the same manner as CPS-PLATINUM whereby direct referrals generate a 10% monetary incentive calculated on the number of shares multiplied by price per share and payable at real time on completed transactions.
8. Our Group Bonus is applicable to all shareholders of CPS-SILVER, CPS-PLATINUM or both.
9. The Group Bonus is calculated based on the total number of newly subscribed CPS-SILVER and CPS-PLATINUM in any one month. Please note: the Group Bonus applies to both types of CPS- offerings. Meaning CPS-SILVER holders can earn group bonus on newly subscribed CPS-SILVER andCPS-PLATINUM, equally CPS-PLATINUM holders can also earn from subscribed new CPS-SILVER and CPS-PLATINUM.
10. A limited number of CPS-SILVER is allocated to every shareholder this month. We apply this limited offer (quota setting) every month to balance the requirement of investment into income generating operations for the company.
11. Shareholders with at least 10,000 CPS-PLATINUM may subscribe to a maximum of 20,000 CPS-SILVER.
12. Non CPS-PLATINUM holders may subscribe up to 10,000 CPS-SILVER in March 2013. This quota will be increased over the coming months.
13. A public listing of Silver assets/interests of VGMC will automatically trigger the conversion of CPS-SILVER stocks into common shares that will be listed at zero conversion cost.

We continue to work hard to create value for our shareholders and I trust you agree with me that the above represents an excellent opportunity for our shareholders. Please do not hesitate to contact us through the ticketing system if you require any further information.

The 2013 Million Dollar Challenge Reward

Dear Shareholders:

I am pleased to be able to introduce the 2013 ‘Million Dollar Challenge’ Reward we are offering to our shareholders by way of acknowledging and rewarding your loyalty and commitment to our business. It is our strategy to invest in good investor relations through well executed incentive campaigns that reinforce the good image and integrity of our business. Virgin Gold’s management has been able to offer several highly rewarding incentives for shareholders over the past three (3) years and our ‘Million Dollar Challenge’ Reward is set to be equally successful.

This is the first time that we are able to offer a global promotion; previous campaigns have always been limited to specific countries and regions. Whilst this has been very effective and successful during the formative years of our business, we are now adopting a pan-global approach to enable everyone to participate in the Virgin Gold opportunity. We will no longer organise weekly and monthly gala style events in selected countries where internationally renowned artists performed to local guests and shareholders. There will be no more car ownership incentive campaigns, which were limited to a few countries. Any previous promotional offers, such as trips to our Premier Center and the give-away commemorative coins are now discontinued.

For 2013 I have allocated a substantial budget to rewarding shareholders in an equitable manner. Shareholders from all countries qualify for this and any future promotions, regardless of nationality or region, because the wealth of this corporation is to be shared with each and every shareholder.

The philosophy and principles of this year’s incentive programme is the sharing of the wealth of this company with our loyal and dedicated shareholders who have been supportive throughout our time of change and growth, championing the vision and upholding the integrity and good image of this corporation.

2013 Million Dollar Challenge Reward Promotion Period: March – October 2013 (8 months)

Challenge	Reward
Challenge 1: Group Bonus of USD10,000 for any of the 6 months of the promotion	Reward 1: USD50, 000 cash incentive
Challenge 2: Group Bonus of USD20, 000 for any of the 6 months of promotion	Reward 2: USD100, 000 cash incentive
Challenge 3: Group Bonus of USD30, 000 or above for any of the 6 months of promotion	Reward 3: USD200, 000 cash incentive
Challenge 4: Group Bonus of USD50, 000 for any of the 6 months of promotion	Reward 4: USD400, 000 cash incentive
Challenge 5: Group Bonus of USD100, 000 or above for any of the 6 months of promotion	Reward 5: USD1, 000, 000 cash incentive

The above incentive will be awarded to qualifying shareholders during our annual gala dinner in December 2013 or January 2014 by me personally. I wish you every success with the 2013 Million Dollar Challenge Reward and thank you for your continued and valued support.

CEO – VGMCDavid Barrett

Appointment of new CEO: David Barrett

Dear Shareholders:

The board of directors is delighted to announce that Mr. David Barrett has been appointed as the new CEO of VGMC effective 1st March 2013.

Mr. Barrett will take over the top executive management role from Mr. Kenneth Elinger whose term of service with VGMC will end on 28th February 2013. The board of directors would wish to express its deep gratitude to Mr. Elinger for his vision and for his excellent performance while in office.

Mr. Barrett, aged 46, who is a Briton, has previously enjoyed a highly successful career in international financial services , funds management and real estate investment.

He has held senior management positions at major international institutions, including Skandia Life and Scottish Mutual Assurance PLC.

Mr. Barrett therefore brings to VGMC a wealth of international financial and business expertise.
The board has full confidence that the appointment of Mr Barrett will assist in bringing VGMC to new heights and in fulfilling its commitment to introduce additional financial products over the coming few years.
Thank you.

Chairman
Ricardo Luigi Oliveira

Platinum ....

Platinum has been widely known as “white gold” and “rich man’s gold” for a long time. The value of platinum is historically higher than gold but in the past few years, market speculation and global economic imbalances have contributed to the higher trading value of gold when compared to platinum. In eventuality however, platinum will again have a higher price than gold.
Today, Platinum is still considered far more valuable than gold due to these facts:

The annual supply of platinum is around 130 tons. This is about 6% of annual gold production and less than 1% of silver production. Platinum is among the rarest metal in Earth's crust and has the lowest availability in un-mined reserves and it is nonetheless a very precious commodity.
Relative to volume mined, platinum has many more industrial uses than either silver or gold. In fact, more than 50% of yearly production of platinum has been consumed in contrast with 85% of global gold demand being used for store-of-value adornment.
The supply/demand dynamics of platinum is very tight and getting tighter over time as emerging economies of the world increase their demand for this rare element. In the long run, supply will be unable to meet the demand and this will result in long term appreciation of Platinum price in the spot market.

While no one should speculate that platinum price is to double or triple within the next few years, platinum investment is more conservative and a safer strategy compared to gold and silver.

Virgin Gold has decided to hold stakes in Platinum mining ventures since the beginning of 2012 and we are pleased that we are now able to offer this similar investment opportunity to all our shareholders.

The management is confident that the CPS-Platinum investment will yield a higher return for its shareholders in monetary value. When we first offered CPS-GOLD in January 2010, spot gold price was about USD1, 100 per troy ounce. Now, at the same time in October 2012 that we are offering CPS-PLATINUM to our shareholders, the spot price for platinum is about USD1, 500. With that said, current shareholders will benefit more from this offering as dividend per investment is higher in comparison to the initial offering of CPS-GOLD.

When CPS-PLATINUM gets listed in 2016, shareholders will certainly enjoy the appreciation in assets.

VGMC Timeline & Milestone 1999 ~ 2020

CPS-GOLD Clarification

Management would like to clarify a few issues with regards to CPS-GOLD that have been brought up by many shareholders in relation to our corporate restructuring plan that was announced on the 1^st of October.

One:
All CPS-GOLD will be transferred from VGMC Panama to the PCEF by December 1^st 2012. There will be a new website (the official website for the PCEF) for shareholders to log in and check their account statement. The transfer of CPS-GOLD to PCEF does not depend on whether or not a shareholder subscribes to CPS-PLATINUM. 

Two:
Management is not able to confirm whether CPS-GOLD in the PCEF can be transferred among shareholders. We do not foresee any obstacle to having this feature activated, but only the new management of the PCEF will be able to decide on and clarify this matter.

Three:
It is wrong to assume that CPS-GOLD has stopped paying monthly dividends to shareholders. It’s just that all dividends have been re-invested back into the company so that the share value will increase by 4-5 fold between now and listing. Management has taken a long-term view on this matter and we believe that shareholders will come to understand and appreciate this move once their shares are listed.

Four:
Shareholders in the PCEF will have the choice to exercise their option to convert their preferred shares into common shares that can be listed in the stock market. Shareholders who opt NOT to convert their shares will be grouped under a “Voluntary Asset Distribution” scheme whereby the non-listed assets of the company will be distributed to this group of shareholders. Complete details will be made available by the new management of the PCEF in December 2012.

Five:
The PCEF, registered in BVI, will have its operations office in Frankfurt, Germany. Details will be made available to shareholders in December 2012.

Restructuring of Virgin Gold Mining Corporation (1999 – 2012)

Virgin Gold started with a humble beginning in Panama in 1999. In 2010 we decided to offer Convertible Preferred Shares (CPS-GOLD) to raise capital for our gold mining ventures. We are proud to say that the CPS decision has brought huge success for both the company and our shareholders. While the company benefited from fresh investments to fulfil its growth potential, shareholders enjoyed good returns for the past three (3) years.

As promised, the time has come for us to take this corporation to the next level. The Board of Directors has unanimously approved the corporate restructuring of Virgin Gold Mining Corporation effective today, the 1^st of October 2012. 

Virgin Gold Mining Corporation

Corporate Restructuring Diagram

Professional Closed-End Fund (BVI) Listing in 12 - 15 months Share price to appreciate 13 - 18% per month Admin office - Frankfurt, Germany Managed by a new professional corporate team

Transfer all Gold Mining Assets & CPS-GOLD

Virgin Gold Mining Corporation (Panama)

 

      Transfer all Platinum Mining Assets                     Onshore Investment Vehicle

VGMC (Belize) Offers CPS-PLATINUM Admin office - Frankfurt, Germany Managed by current corporate team VG Resources Limited Listed on GXG Market, Denmark Involved in Large Mining Investment, Acquisitions and Mergers Admin office - Frankfurt, Germany

Note: VGMC (Panama) will maintain normal operation for the next 12 months to facilitate and to complete this corporate restructuring.

As illustrated in the diagram above, Virgin Gold Mining Corporation (Panama) will be restructured into three (3) new entities.

1. A Professional Closed-End Fund (PCEF) based in the British Virgin Islands (BVI). All Gold Mining Assets, Mining Ventures and CPS-GOLD will be converted and transferred into this fund. A new professional corporate team has been set up to manage the PCEF. The PCEF will be in full operation by December 2012 and will be listed within the next 12-15 months

2. VGMC (Belize) will assume control of all the company's Platinum Mining assets and continue to offer CPS-PLATINUM to all shareholders.

3. VG Resources Limited will be used as our corporate investment, acquisition and merger vehicles for all future mining ventures. VG Resources Ltd is a UK Corporation listed on GXG Markets. This is a regulated European wide market authorised by the Danish Financial Supervisory Authority.

On behalf of the management, I would like to take this opportunity to thank all our shareholders for their continuous support over the years. I firmly believe that the new corporate development will bring our group of companies to greater heights and fulfil every shareholder’s dream for financial freedom.

The end of today marks the beginning of another new chapter in our life.

Kenneth Elinger
CEO - Virgin Gold Mining Corporation

CPS-PLATINUM

VGMC will be offering CPS-PLATINUM to all shareholders effective 2^nd of October 2012 onwards.

All shareholders of VGMC are required to maintain a minimum of 10,000 CPS-PLATINUM in order for their accounts to remain active. Shareholders who do not meet this requirement are advised to take the necessary action any time before the 1^st of December 2012 to prevent the closing of the account. Requests to re-activate a closed account will not be entertained thereafter.

Below is a list of key information in regard to CPS-PLATINUM:

1. Offer Price:
• USD1.00 per CPS-PLATINUM – October 2012
• USD0.05 increment per month thereafter

2. Normal and new shareholders are allotted 10,000 CPS-PLATINUM while Premier Shareholder may subscribe up to a maximum of 50,000 shares in October 2012. This quota is expected to be higher in the following months.

3. Monthly Dividend – 1 troy ounce (oz.) of Platinum per 10,000 CPS-PLATINUM.

4. Shareholders who already own CPS-PLATINUM but have less than 10,000 shares only need to subscribe to the difference to activate their account. Otherwise, the balance CPS-PLATINUM in their account will automatically be un-subscribed by the 1^st of December 2012, followed by the closure of the shareholder account.

5. Platinum Trading Margin of equivalence to Subscription amount (Number of CPS-PLATINUM x price per share) will be allocated to all shareholders from the 2^nd of October 2012 onwards. All current CPS-PLATINUM holders who have subscribed earlier will also be allotted the same trading margin.

6. Active shareholders (minimum: 10, 000 CPS-PLATINUM) will be able to enjoy group bonus and referral incentive as specified in shareholder’s account “2.11 Group Plan” and “2.21 Referral Plan” from October 2012 onwards.

7. Group and Referral Structure for CPS-PLATINUM is a continuation of CPS-GOLD for all active shareholders. Shareholders who do not activate their account will not be eligible for Referral Incentive (paid at real-time) and Group Bonus (monthly payment).

The objective of CPS-PLATINUM is to give shareholders contractual monthly dividend and long-term asset appreciation. The true goal of CPS-PLATINUM however is to be publicly listed and we anticipate to see this goal achieved in 2016.

Kenneth Elinger
CEO – Virgin Gold Mining Corporation