Govenlock Green
Govenlock Green
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    • Home
    • Our Process
    • Team
    • Services
    • PRIVATE PLACEMENT
    • BUSINESS PLAN
    • Contact Us

  • Home
  • Our Process
  • Team
  • Services
  • PRIVATE PLACEMENT
  • BUSINESS PLAN
  • Contact Us

Creativity... Experience... Know-how

Detail your services

  • We travel to: Nairobi, Kenya; Kampala, Uganda; Freetown, Sierra Leone; Accra, Ghana; Bamako, Mali; and, other countries in East and West Africa to export gold to the states (either New York or Dallas).   Thereto, we must raise capital to meet the needs of the company to export the gold. We typically do not pay the purchase price for the gold in Africa. We pay the export cost which ranges from 4% to 7.1% of the gross market value of the gold.  Once the gold is in a U.S. based refinery where it is  resmelted and assayed, then we pay the purchase price to the Seller.   Over the years, we have developed long- term, professional relationships with small and medium scale miners, artisans, exporters, government officials,  financial institutions and storage facilities (in the local parlance, "security houses").  Our core business is to export gold and resale the same gold to refineries in New York or Dallas, Texas. We also believe the ownership and operation of gold concessions is important to our overall success.  We are frequently offered the opportunity to purchase mines.  Revenue is generated on the difference between the purchase price and the liquidation price. If we pay $100,000.00 per kilograms and then sell the gold for $138,000.00 per kilogram, then our gross profit is $38,000.00 per kilogram.  As a general rule, we do not pay the purchase price for the gold i Africa. The gold must come to the States, be resmleted and assayed at a refinery before payment is tendered to the seller. The refinery is our exit strategy. They have the funds to pay for the gold without delays and without renegotiations. We know exactly what the refinery is going to pay us for the gold before it arrives at the refinery. Today, gold prices are the highest since records were maintained.  Ghana was the hub of our operations in West Africa.  We have now redirected our attention to East Africa.  We buy gold from miners, cooperatives, chiefs and other third party sellers.  We take care to focus on the due diligence because knowing your customer is important in the gold sector. We are more inclined to undertake long-term contract, for a year or longer, rather than short-term, spot buys. We have developed mechanisms to address fraud, scams and other nefarious behavior.  We refer to  "buying gold on the ground" in Africa, but it is otherwise known as the "off-exchange secondary market." 

Announce coming events

  • We currently have three separate contracts to export gold at reasonable prices. The contracts span over a  12-16 month period.  The reason we seek long- term contracts  is our intent is to export gold on a monthly basis. Moreover, we are not constantly seeking new sellers.  We develop a good group of sellers and work with them thereby avoiding the process of having to constantly seek new sellers and recommence a new due diligence process. We have to engaged lawyers on the ground in the respective countries, shipping agents, sometimes accountants and other professionals. It is a much smother process when all of the pieces of the infrastructure is in place for a long period of time.  At present, we have more than 2000 kilograms under contract. At the current market price, 2,000 kilograms has a value greater than $300,000,000.00 (Three Hundred Million Dollars).  However, the value of the gold should be distinguished from revenue. If our net margins are 10% then the company could generate $30,000,000.00 (Thirty Million Dollars) in gross profits, before deducting costs, expenses and taxes in the current twelve-month cycle.

Pending Transactions

  • PRIVATE PLACEMENTMEMORANUDM IS OUTDATED.  We have maintained the document to high-light the potential risks of loss and for the detailed explanation of the gold sector based on our involvement.  For example, if someone  is buying gold coins for an IRA. that risk component is very different from what we do.  Supporting a gold trader is not without risks. We embarked on a 506 (c)  Offering of Corporate Notes. The target is to raise $5,000,000.00. Yield 18 % paid annually. (The Offering Memorandum is no longe valid).

Share the big news

Gold Buyers and Traders: Common Questions

  • WE have a local self trained mining engineer that works with us on a daily basis. He is engaged in small scale mining in Sierra Leone and assisting us with the large transactions in various parts of West and East Africa.  He has 27 yeas of experience in the mining sector. He is also fluent in French, which is very helpful in places like Mali, Guinea, and other countries where French is the national language. We have three excellent day to day affiliates in the states. Two of whom are from Chicago and knowledgeable about the gold sector in West Africa. The third affiliate is from Tennessee, a Ghanaian by birth and a U.S. citizen. The third affiliate brought the sellers for one of our major sellers currently under a long-term contract. Lastly, we have been working with an outside accountant, who we hope will ultimately become the Chief Financial Officers for the company. We also work with many different people on the ground in East and West Africa.  We have access to shippers and other logistics personnel.  We are fortunate and blessed to have a good management team. 

Gold Buyers and Traders: Common Questions

Gold Buyers and Traders: Common Questions

  • What is the time frame to export of 50 kilograms of gold?   


  • Answer: It takes approximately 12 calendar days for each lift assuming the banks and airlines are operational.   


  • What is anticipated with respect to the price of gold for the current fiscal year?


  • Answer:  We expect the price of gold to exceed $6,000.00 per ounce and to remain stable with normal fluctuations based on the value of the dollar.  When the dollar is strong, the price of gold tends to be lower; conversely, when the dollar is weak, the price of gold tends to increase. Right now, the dollar is weak, so the price of gold is very high.
  • There are many factors that impact the price of gold. Demand and the strength of the dollar.  The demand for gold remains strong among consumers. Many central banks are beginning to replace their dollar reserves with gold, which has the net effect of increasing demand.


  • How will Bitcoins impact the price of gold?


  • Answer: We are uncertain about the long-term impact, but the short-term impact is limited. Overall, we do not expect any correlation between Bitcoins and the world market price of gold.  The price of Bitcoin is down, yet the price of gold continues to increase.  The gold bugs and prognosticators thought there would be an inverse relationship between the price of gold and BTC, but it has not happened.  

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