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Gold in Ghana, you want to buy it?

Question

I have Gold in Ghana, you want to buy it? …as promised I have enclosed an offer from a mining group in Ghana. They would like to set up a meeting to discuss this transaction.

I have CC’d the mandate on this email. Please let us know if you have any questions.

Reply email confirmed that the sender of this question has never done business with the “mandate” before …

Answer

Please don’t be offended, I had to ask because I feel you are just wasting your time my friend.

I first went to Ghana backed by a 60MM dollar fund and couldn’t buy 1 kg of gold. I met with the director of the PMMC on several occasions and the BEST I could verbally was a 3% discount but the conditions of the arrangement involved the transfer of money to the PMMC with no guarantee of delivery!

I will just say that there are gold buying offices in every single city (and some villages) in Ghana. There are over 85 registered buying companies in Tarkwa alone for example. The gold is usually sold to the closest location near where the mining site is located. Kumasi, Obuasi, Dunkwa, Bogoso,Tarkwa, etc. It is too far to drive to Accra and one would only do that if they were going there for other reasons.

I have chased too many fake gold deals in Ghana. We found the only way to get gold at a discount in Ghana is to mine it!

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