Though it sounds strange but it is true that despite the fact that gold which has been the hard asset that everyone wants to keep will now be available in exchange of Bitcoin as the owner of Yukon gold mines in Dawson City in Canada are on offer at ‘BitPremier’. Any interested party paying $2 million in Bitcoin can buy it.
The property has been posted at BitPremier, a platform that provides astute buyers in the Bitcoin community with access to unique, high-end luxury items and opportunities. The property owner admits that it would be the very first offering of its kind on the Bitcoin market wherein a proven, profitable gold mine is available in exchange of Bitcoin.
The owner says that located in the heart of Dawson City, Yukon, Canada, the gold mine has been home to television programs such as History Channel’s Yukon Gold and National Geographic’s Yukon Gold. He assures that the place has a long, rich and vibrant history as a proven Gold producing region and buyers would be making profit generating investment.
The description of the sale says the owner wants to sell the parent company that owns and operates the mine, including all assets. This company was founded in 1986 and the President and CEO of the company have been in the mining sector for 35 years. Over these years the company has complied with the law and generated a lot of profit for the owners.
Gold Mine Has Potential to Repay in Two Mining Sessions
Inviting the bids from the potential buyers the owners say that any new buyer could recoup their initial investment in as little as two mining seasons. The sale includes: $1 million worth of equipment and $1 million per year in sales. Thus, it looks the buyer won’t actually be paying a lot as they are paying just $2 million.
The buyers won’t be facing losses as the seller of the gold mine claims that there is potential to produce 3,000 – 4,000 ounces per year. If some buyer is new to gold mining, the current owner is willing to stay on in a management and advisory capacity for a period of up to five years so that production goes in uninterruptible manner.
The seller says that full financial statements, tax returns, profit/loss, balance sheets, etc. available for due diligence. The buyer may also ask recent geological reports which will be made available by the seller.
To contact the reporter of this story: Deepak Tiwari at firstname.lastname@example.org