Canund Gold Corporation
Canund Gold Corp is committed to supplying 999.9% high purity gold at a good value. Buying gold will help investors diversify their portfolio, and allow investors to capitalize on a strong market that will produce profits and income streams. Canund Gold Corp was launched based on the assets held by Canund Social Network Inc. Canund Social Network Inc was launched in October of 2018. Being the direct competition to Facebook, Canund Social Network Inc is a resource communications company that holds a gold deposit worth $9.4 trillion. The deposit is in the United States, 90 miles outside Phoenix Arizona, but we are keeping the exact location confidential for the time being. We will disclose more information as we progress and open our first refinery. Canund Gold Corp will sell off stock to investors in order to fund the mining operation. Canund Gold Corp will also pre-sell gold as a second option to raise the capital needed to start the mining operations. With the gold market price at $750 per ounce in 2002, the price has gone up to $1,766 per ounce in June 2020, the gold deposit is worth an estimated $9.4 trillion. With this conclusion, Canund Gold Corp will have an estimated value of $50 billion.
Keeping the deposit safe and protected is our first priority. In order to protect the deposit and the assets of our investors, we are not giving out the direct location of the deposit. This prevents other people or corporations from sneaking in and mining the deposit themselves. We have provided a general location so investors can have an idea of where the deposit is located. We will provide on-site security guards 24/7 during the mining process to further ensure the safety of the deposit and the assets of our investors.
Investors can buy the stock at $100 a share. The price of the pre-sale gold will be priced based on the market value of gold. Due to the constant daily fluctuation of the market price of gold, Canund Gold Corp will use Business Insider as a reference for the daily price of gold. The prices on canundgold.com will be updated at the end of every week on Sunday evening before the markets open on Monday morning. In the event of a sharp spike or decline in the market price of gold on any given day, prices will be updated with in the half-hour. Because the investors that pre-buy gold will have to wait at least 2 years to receive their gold, we offer discounted prices for the bigger amounts. The bigger the purchase amount, the bigger the discount. Discounts start at the 10-gram level, and go up to $200 per ounce off the market price on a 400-ounce brick.
- 2 Grams of Gold- Priced at the market value per gram based on the market price listed on Business Insider.
- 5 Grams of Gold- Priced at the market value per gram based on the market price listed on Business Insider.
- 10 Grams- Investors get $1 off each gram. Based on the market price listed on Business Insider, for a total savings of $10.
- 1 Ounce- Investors get $100 off each ounce, based on the market price listed on Business Insider for a total savings of $100.
- 2 Ounces- Investors get $100 off each ounce, based on the market price listed on Business Insider X2, for a total savings of $200
- 5 Ounces- Investors get $100 off each ounce, based on the market price listed on Business Insider X5, for a total savings of $500
- 10 Ounces- Investors get $120 off each ounce, based on the market price listed on Business Insider X10, for a total savings of $1,200
- 1 Brick equal to 400 Ounces- Investors get $200 off each ounce, based on the market price listed on Business Insider for a total savings of $80,000 off the brick.
Canund Gold Corp will issue 10% of the estimated $50 billion dollar value worth of stock. This means $5 billion dollars in stock will be issued. This leaves plenty of room to raise more capital without dipping further into assets. The goal is to reach $5 billion in capital in 2 years. Once the $5 billion is raised the mining operation will start to be set up, we will start by setting up the refinery and storage facility. The $5 billion is necessary to ensure the mining operation goes smoothly with all the costs that go into mining, such as permits and procedures to make sure we do not damage the environment in the process. The shareholders will get 4.99% dividends. Investors pre-buying gold will not receive a dividend. As Canund Gold Corp mines the gold the share price will go up which will allow for returns on investment. As the market price of gold rises it will also provide really good returns on investment.
We will inform all investors the moment we start putting refineries up. We will be looking at shipping at the end of 2022. We will know more and keep investors up to date as we progress into the mining phase. Gram and Ounce orders can be shipped worldwide. The products and pricing criteria are as follows. Due to the fact that a brinks truck will be needed to deliver bigger orders to the appropriate banking institutions for investors, there will be a $10,000 delivery fee on any order of gold brick or more. Canund Gold Corp will only ship bricks of gold to Canada, the United States, and Mexico. There is no tax on pure gold so all prices are final.