|
INTRODUCTION/PURPOSE OF THE PROGRAM:
Glacier Valley Mining and Metals
16033 Bolsa Chica St. #104-149
Huntington Beach, CA 92649
Direct (562) 400-0411 Fax (419) 844-5850
Dear
Professional Advisor/Investor:
We are working to acquire GOLD (Au) mining leases in the State of Alaska for development. The claims are placer deposits which contain Gold (Au) bearing alluvium. Depending upon location, Au ranges from .76 to .92 fineness.
We are offering an IRS approved investment opportunity that is tax deductible with an approximate 3 to 1 write off as the means of financing the development of a mining property. Return is strictly dependent upon the recoverable Au on the property leased. We must lease property rather than purchase to qualify this program under IRS Code. We sublease to the investor in order to maximize the tax advantages.
We will sub-lease tonnage to you and develop this ground on your behalf at $70per ton,
subject to any surcharge due to an increase in the price of gold
resulting in a devaluation of the dollar from the start of the
operation to disbursement of your recovered Gold. The minimum amount of tonnage available per mining unit is 1,500 tons (1,000 cubic yards). There are
mining 450 units at this volume available. The cost of each unit is
$105,000 total, including processing fee, with the
exception below.
For example, if your tonnage were to average 2/10 oz. of Gold per ton, the gold having a fineness of .92, estimating Gold at $1,000 per
troy ounce, the potential GROSS return on investment before royalty deduction or deductions for any remaining amount on the mining unit would be
300 troy ounces of Gold having a valuation of approximately $276,000
with respect to the fineness of the Gold.
See below for both investment options and the potential return.
There are only 675,000 tons of material available for development in this program comprising a total of 450 investment units.
An investor may purchase more than one unit.
Where else would you find an investment opportunity where the risk
decreases due to the increasing price of Gold. Further, what else
would provide you with a return in-kind that protects the value of your
return?
TO QUALIFY YOUR INVESTMENT FOR A 3:1 TAX WRITE OFF:
1.
The Investor purchases a sublease mining unit with a 34% ($35,700.00) down payment for each mining unit subleased, comprising an approximate 1/3 purchase of the full price of $105,000 per mining sublease unit, the full price including the charge for processing the alluvium to recover any Gold;
2.
The Investor signs a full recourse promissory note
for the remainder of the monies owed on the mining lease for the balance of $69,300;
3.
The Investor makes a fully tax deductable monthly interest payment at 10% APR giving a $577.50 monthly interest payment due the 1st of each month until the mining operation is active and recovered gold pays the balance as stated in para. 5 below.
See the Promissory Note below.
4.
You are then fully “at risk” and qualify to write off the full $105,000 purchase price for an approximate 3:1 write off for the mining unit sublease on your federal income taxes.
5.
Depending on your current tax status, you may apply any tax benefits to your past taxes up to 3 years to recover past taxes paid, or you may carry any tax benefits from this program forward for up to 15 years.
6. All
recovered gold will be accounted for per sublease mining unit,
and will be paid “in kind” (in Gold) minus any royalty,
and any remaining amount on the cost of the mining unit.
The claimholder royalty may be less or more than 10% depending
upon the history of the property.
7.
The amounts to be deducted from any gold recovered from the investor's mining unit would be the royalty to the claimholder, usually 10% of the gross amount of metal recovered, and any remaining amount on the promissory note necessary to pay off the $105,000 cost of the mining unit. In the example given above, your potential net would be $276,000-$27,600 (10% royalty)-$69,300 (recovery of the remaining cost of the mining unit sublease) for a potential net return in kind of approximately $179,100 over and above any tax benefits.
ALTERNATIVE PAYMENT OPTION RESULTING IN A 1:1 TAX WRITE
OFF:
The investor has the option of paying the full $105,000 for a mining unit, and receiving a 1:1 write off. In which case, the return would be without any deduction for the remaining cost of the mining unit. For example, the potential gross recovery of Gold at $1,000 per troy oz. at .92 fineness at 2/10th troy oz. per ton would be $276,000. The potential net would be
$276,000-$27,600 (10% royalty)-$105,000 (recovery of the remaining cost of the mining unit sublease) for a potential net return in kind of approximately $179,100 over and above any tax benefits.
DIFFERENCE IN THE TWO PAYMENT OPTIONS:
-
Depending on your current tax status, you may apply any tax benefits to your past taxes up to 3 years to recover past taxes paid, or you may carry any tax benefits from this program forward for up to 15 years.
-
The 34% down payment of $35,700 provides less initial exposure and allows you to keep the balance of $69,300 against gold recovery from the mining unit. The cost of the mining unit is the same whether paid in full or by putting down 34%, except that the investor also pays a $577 per month 10% monthly interest charge on the remaining balance until the company is paid for the full $105,000 mining sublease unit price. The $105,000 full payment gives a 1:1 write off, but the investor does not have to pay monthly interest payments.
MINING INVOLVES RISK.
For that reason, we cannot and will not
guarantee any specific recovery, other than to state that
the process equipment will be a state of the art alluvial
multi-stage mineral jig plant with on-board water recycling
designed by Alaskans in the business in order to make the Gold
recovery as efficient as possible and the operation as
environmentally acceptable as possible.
NOTE: IF AU
CONTINUES TO RISE, PROCESSING COSTS WILL INCREASE DUE TO THE
RELATIVE DEVALUATION OF THE DOLLAR, MEANING A SURCHARGE AGAINST
TOTAL PRODUCTION AT THE TIME OF SALE AMOUNTING TO A PERCENTAGE
INCREASE WITH RESPECT TO THE PRICE OF AU AT THE BEGINNING OF THE
PROJECT VERSUS THAT AT THE TIME OF SALE. THIS PROCESSING
SURCHARGE WILL BE ADDED TO THE PROCESSING COST. ANY DECREASE IN
THE PRICE OF AU WILL NOT RESULT IN ANY DECREASE IN THE COST OF
PROCESSING RESULTING FROM A DECLINING VALUE. FOR EXAMPLE,
IF THE PRICE OF AU AT THE START OF THE PROJECT IS $1,000/TR OZ,
AND AT THE TIME OF SALE RISES TO $1,600 PER TR OZ, THE COST OF
PROCESSING WOULD BE $112 PER TON VERSUS THE $70 FIGURED INTO THE
COST OF THE LEASE. ANY INCREASE IN THE PROCESSING COST
WILL BE TAX DEDUCTIBLE.
Instead of your tax dollars going to the government to fund various projects that you may not be interested in or disagree with, the tax dollars that you would otherwise be paying to the federal government would now be working for you to create an opportunity to increase your personal wealth via this program.
If you need additional information please contact us by e-mail or contact your local authorized representative.
THERE IS AN IMPENDING GOLD RUSH STARTING, AND PROPERTY WILL SOON BE
DIFFICULT TO PROCURE ON A PERCENTAGE ROYALTY RETURN BASIS.
FURTHER, INCREASING INFLATION WILL IMPACT THE COST OF OPERATIONS.
IF YOU WANT TO HEDGE AGAINST MONETARY INFLATION, THIS IS AN EXCELLENT
OPPORTUNITY. YOU SAVE IN TAXES, AND YOU RECEIVE GOLD IN RETURN.
Sincerely,
George J. Deden , President
GJD/sdb
MINING CLAIM LEASE AGREEMENT:
Glacier Valley Mining and Metals
16033 Bolsa Chica St. #104-149
Huntington Beach, CA 92649
Direct (562) 400-0411 Fax (419) 844-5850
SUB-LEASE OF MINING CLAIMS
This sub-lease is entered into this_______day of __________,2011 by and
between the following parties: whose address for all purposes
herein is: and hereinafter named as sub-lessee, and Glacier
Valley Mining and Metals, whose address for all purposes herein is 16033
Bolsa Chica St. #104-149 Huntington Beach, California 92649, as "Lessors"
and hereinafter will be referred to as Glacier Valley.
WITNESSETH:
Glacier Valley hereby sub-leases to the sub-lessee, and the sub-lessee
hereby takes from Glacier Valley those placer mining claim(s) known as
GVMM 1-4, in the State of Alaska consisting of the amount of _______
tons of material on your behalf with identification number
_____________. The term of this sub-lease shall be for 10 years
commencing on the ________ day of _________________ 2011 and ending on
the ________ day of ________________ 2021 during which term the
sub-lessee agrees to explore the GVMM 1-4, mining claim(s) and making
ready such ore as to putting them into production to recover the
precious metals contained in the placer materials. Such development
shall hereinafter be provided. The sub-lessee shall pay to Glacier
Valley, in consideration of the royalty agreement Glacier Valley is
liable for in the lease with the claim owners a rent equal to 10% of the
gross amount of precious metals recovered by the sub-lessee's mining
operation. The sub-lessee, to insure the success of his proposed
operation shall engage Glacier Valley as the sole contractor and
representative for the sub-lessee's proposed operation on the sub-leased
claims. Glacier Valley warrants and guarantees to the sub-lessee that
Glacier Valley will sub-lease such claims that are necessary for the
sub-lessee to meet the sub-lessee's recovery quotas. Glacier Valley also
warrants that if for any reason Glacier Valley may have to suspend its
operation or surrender its leases we will substitute other Gold bearing
ores that we control.
SIGNED: ________________________________________SUB-LESSEE(1)
SIGNED:________________________________________SUB-LESSEE(2)
SIGNED:________________________________________GLACIER VALLEY
DATE:______2011 PHONE:_______________EMAIL __________________
ADDRESS_______________________________________________________
______________________________________________ZIP_______________
PROMISSORY NOTE:
Glacier Valley Mining and Metals
16033 Bolsa Chica St. #104-149
Huntington Beach, CA 92649
Direct (562) 400-0411 Fax (419) 844-5850
PROMISSORY NOTE DATE:
____________________
For
value received, I/We (maker) promise to pay to the order of Glacier
Valley Mining and Metals, or assignee (holder) at Glacier Valleys bank
in Huntington Beach, California, the sum of
___________________________________________ Dollars with interest on the
unpaid principal amount at the rate of ten percent (10%) per annum,
interest only payable monthly. Principal due on, or before ten years
from the date of execution or upon the completion of the development
contract.
This note is made and delivered in accordance with the accompanying
development agreement dated _________________________2011 between maker
and payee (the agreement). All terms and conditions of the agreement are
incorporated herein by reference as if fully set forth herein. The maker
hereby waives presentation, demand for payment, notice of dishonor,
protest and notice of protest and any and all other notices and demands
in connection with this note, except as herein otherwise expressly
provided.
This note is accepted by the holder with full liability or recourse
against the maker for collection of the note principal. As additional
collateral security therefore, holder shall retain a security interest
in, and to any Gold processed for the maker, as set out in the certain
assignment executed concurrently herewith. Maker shall have the right to
prepay this note, as to both interest and principal, in whole or in
part, at any time, with interest to the date of such payment, and
without penalty. The due date of this note shall not be accelerated in
any way by death, insanity, or bankruptcy of the maker. In case of the
death of the maker, either his estate, if it remains in existence until
the due date of this note, or his heirs, in proportions to their
interests in the estate, shall be liable for this note. The failure of
the holder to exercise any right hereunder shall not be construed as a
waiver or the right to exercise the same, or any other right, at any
time from time to time thereafter. The maker of this note is aware that
this note may be assigned to a financial institution and hereby gives
his consent thereto.
NAME _______________________________________________
ADDRESS ____________________________________________
CITY ________________________________________________
STATE _________________________________ZIP___________
SOC. SEC.# ___________________________________________
SIGNATURE __________________________________________
PHONE________________________EMAIL_________________
PER
UNIT INVESTMENT BREAKDOWN:
Glacier Valley Mining and Metals
16033 Bolsa Chica St. #104-149
Huntington Beach, CA 92649
Direct (562) 400-0411 Fax (419) 844-5850
PER UNIT INVESTMENT
UNIT
PRICE INITIAL DEPOSIT BALANCE
MONTHLY INSTALLMENT
1
$105,000.00
$35,700.00 $69,300.00
$577.50
2
$210,000.00
$71,400.00 $138,600.00
$1,155.00
3
$315,000.00 $107,100.00
$207,900.00 $1,732.50
4
$420,000.00 $142,800.00
$277,200.00 $2,310.00
5
$525,000.00 $178,500.00
$346,500.00 $2,887.50
6
$630,000.00 $214,200.00
$415,800.00 $3,465.00
7
$735,000.00 $249,900.00
$485,100.00 $4,042.50
8
$840,000.00 $285,600.00
$554,400.00 $4,620.00
9
$945,000.00 $321,300.00
$623,700.00 $5,197.50
10
$1,050,000.00 $357,000.00
$693,000.00 $5,775.00
BANKING
INFORMATION: Please go the
CONTACT PAGE for contact information.
©Copyright
2011 by George J. Deden, All Rights Reserved
|
