My firm, Plasmonics USA, has an account at more than 1 major US Refiner. By major refiner I mean a refiner required to be registered with the US Government as a Precious Metals Dealer and Financial Institution. As a result we constantly receive offers to sell us partly refined gold, in various forms, such as Alluvial Dust Concentrates, Placer Deposit Concentrates, etc. Most aren't worth due diligence, but some are. Many of the ones that are do not meet the requirements of my credit facility providers.

Hence I seek parties willing to provide, after due diligence, Payment Guarantees, to the Sellers of such gold. Usually this is done by SWIFTing a Bank Guarantee or Letter of Credit to Seller's Bank. This is done ONLY after the Seller and my firm have executed a Sales and Purchase Agreement which calls for shipment, at the Seller's expense, at least as far as the International Airport near the Refiner, and sometimes all the way to the Refiner. Payment is made ONLY after the gold has been assayed by the Refiner, and the Refiner has fixed the price at which he will pay us for whatever part of the shipment wse wish to sell into the market.

Guarantor's profit share would consist of 1/4 of the spread between the purchase price and the fixed price offered by the Refiner. This Profit share would usually fall somewhere between 0.75% of the 2nd London Fix on the date of assay by the Refiner, on the low side, to 5% of the 2nd Fix. Quantities would rarely be below 10 kilograms of material, ranging up to perhaps as much as 500 kgs of material. Purity would generally be in the 60% to 90% range. Contracts would usually call for from 1 - 4 deliveries per month for from 1 - 5 years.

If interested please understand that as I can confirm, to your Banker or your lawyer, that I have an account in good standing with several such institutions, my credibility is easily confirmable. You therefore MUST be willing to demonstrate your ability to perform also.