Pixiu is an auspicious creature in Chinese myths and considered by practitioners of Feng Shui possessing powers capable of turning bad things into good. Traditionally to the Chinese, whether to high officials or to ordinary people, collecting and wearing Pixiu accessories has always been regarded to bring about fortune and luckiness.
Pixiu coin issued by our Company adopts the image of Pixiu with the goal of helping more people profit from secure and stable token assets. PIXIU coin is expected to be the world’s highest-valued digital gold coin within three years.
Token Basic Information
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Vision Mining Group
Vision Mining Group (shorted as VMG) is an emerging mining investment and development company in California, which is 100% led and operated by Chinese. It is managed by a comprehensive professional team, including registered senior geologists in United States, experts in environmental engineering and industrial safety, senior experts in marketing and public relations, and Californian mining legal counsel team that is familiar with U.S. mining regulations and establishes good communication channels with the Bureau of Land Management and county governments.
It is aimed to set up a world-class mining resources company as a communication bridge between China and the West to share technology and resources, explore and effectively develop mining resources so as to improve the quality of human life! At present, it owns mining rights in Northern California, with asset value of USD 5.447 billion evaluated by KPMG. In order to effectively increase the company’s mineral reserves, VMG is also actively seeking to acquire mining areas of high value. It is currently expected to complete the acquisition of mining areas in Nevada in 2020.
Major Advantages of Pixiu
A world-class mining resources company
A professional team familiar with the West Coast mines of America (California/Nevada)
Rich resources to operate mining companies in the United States
Mining Areas in Nevada
Mining rights of 338.74 acres owned by Advanced Geological Exploration, Inc. are managed by Esmeralda county in Nevada and the Federal Bureau of Land Management. The location certificate has been submitted to them, and all government fees have been paid in the 2019 mineral year. The PMC management team assisted Vision Mining Group in obtaining the agency rights of the mine on October 3, 2019. It is expected to finish the acquisition of it in the fourth quarter of 2020.
Laws and Regulations
An attractive aspect of mining in Nevada is the relatively loose licensing regulations and laws. In the United States, the Bureau of Land Management (BLM) oversees mining activities on federal lands, while each state and county inspect activities on its own private lands. Fortunately, in Esmeralda County, where the mine is located, mining operations need not be monitored by the county, making it relatively easy to set up any building including mines locally.
Gold Market Opportunities
From the third quarter of 2018, central banks of various countries competed to hoard gold, among which the People’s Bank of China increased its gold holdings for the first time in December 2018 after 26 months. Surge in the purchase of gold has enlightened the investment prospects of it. Currently including gold into asset allocation has become world’s most prominent investment. According to the World Gold Council report, gold procurement of central banks in various countries soared in the third quarter of 2018, and their gold reserves rose by 148.4 tons with an annual increase of 22%.
The official U.S. gold reserves had exceeded 8,000 tons by September 2018. However, China ’s gold reserves accounted for only 2.3% of foreign exchange reserves. Taking the US gold reserves as a reference, specialists calculated that China, as the world ’s second largest economy, should hold gold reserves of 5,000 tons. Considering the current reserves of less than 2,000 tons, People’s Bank of China will keep increasing its gold reserves for a long term.
Pixiu Mining Corporation
The Vision Mining Group currently entrusts the PMC management team to operate the mining areas in Northern California, located approximately 5 miles and 11 miles west of Quincy city in Plumas county. There are forty mining areas in total, which are divided into large and small parts with a total coverage of 769 acres, approximately 3.11 million square meters.
The Pixiu coin issued by our Company adopts the image of Pixiu, in an attempt to help more people profit from secure and stable token assets.
Pre-emptive right to subscribe gold to be mined
When gold is mined, the token holders are entitled to preferentially subscribe 20% of the total gold to be mined.
Preferences from partner stores
Cooperation with some stores, such as jewelry shops and gold-related industries, is to be established in terms of Pixiu coin, so that the token holders will be preferentially treated when buying gold jewelry or gold-related products therein.
Right to subscribe for mineral rights
With years of mining rights purchase experience, our Company also invests in valuable mining rights apart from gold mining. As such, the token holders are entitled to subscribe for mineral rights and thus enjoy return according to their investment proportion.
The Pixiu token holders may convert between the token and gold at the Group’s partner stores.
Priority investment right
The holders who hold a certain amount of the coins can enjoy priority investment rights in projects, such as gold stores and gold processors listed on our Company’s official website, so that they can get profit-sharing when the projects are profitable.
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This article is writing on 4 May 2020 based on information available online & news portal. If you feel it’s outdated or incorrect, please write here to update it. Mail us: firstname.lastname@example.org Or Whatsapp Us- +13098896258
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