Alluvial Gold Dust

Alluvual Gold Dust - Buyer Beware!

Alluvual Gold Dust – Buyer Beware!

As an established scrap gold dealer, we’ve recently been contacted by a member of the public who’s been offered for sale a quantity of Alluvial Gold Dust. Wanting to know whether the offer was genuine, they contacted us for advice.

Here’s the original e-mail they received:

GOLD AND DIAMOND FOR SELL

It’s my pleasure contacting you to inform you about our product “Alluvial Diamond and Gold Dust”. I am a Gold and Diamond Dealer here in Cote D’Ivoire, Ghana and London.

We are having in stock right now 450kg of Alluvial Gold Dust advertising to seek of buyers assistance in helping us buy Gold Dust Or Diamond and sale on her own location.

Our F.C.O is described as follows:

Commodity: Au Metal Quantity – 450kg
Quality: 22+ carat
Purity: 96%
Price: $25,000 US Dollars/kg
Shipment: By Air
Package: Export Carton Case.

Terms and Condition: I will be very grateful if you can come down here and do inspection of the goods properly before we commence shipment. I agree to follow the lot with you to your country and get paid after the final assay and refinery in your own location here in Cote D’Ivoire, Ghana, Or London. I Mr. ###, From Abidjan, Cote D’Ivoire in West Africa.

What is Alluvial Gold Dust?

The term ‘Alluvial’ is used to describe:

A deposition of sediment over a long period of time by a river; an alluvial layer.
Source: wiktionary.org

Or, to put it in simple terms, river mud.

Now, on the face of it, this ‘offer’ looks quite attractive. 450kg of 22ct gold, albeit in ‘dust’ form, would be worth somewhere in the region of £10.5 million. An opportunity for an investor to make a healthy profit perhaps?

Well, no, of course not.

Bear in mind that a typical gold mine will yield somewhere in the region of 3 grams of gold for every ton of rock excavated. They wouldn’t be going to all this effort if they could dredge river mud and yield a higher return! Anyone with a source of gold at this purity wouldn’t need to be hawking it on the Internet.

Our advice, please steer well clear of these e-mails. We receive similar correspondence every day, all of which is filed in our ‘spam’ folder.

Remember the old adage – if it’s too good to be true, it probably is.

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July 9th, 2010 9 Comments » Miscellaneous |

9 Responses to “Alluvial Gold Dust”

  1. sam says:

    i would just like to know, is this available in Sydney Australia?

    • Phil says:

      Hi Sam,

      Yes, we have dealt with a number of customers in both Australia and New Zealand.

      A couple of points to note:

      Make sure that you select an appropriate shipping method that adequately covers the value of your parcel and provides full tracking
      You MUST include our business telephone number on your shipping label in case of delivery issues

      • monther says:

        can you please reply to me through my e-mail, thnx
        I was just wanting to know if you guys have a business WITHIN Australia

  2. Prince Kwabena Mensah says:

    GOLD DUST/GOLD BARS FOR SALE

    Attention: Sir/ Madam,

    I am Prince Kwabena Mensah from Obuasi Community here in Ghana.I Am a Representative of the local Gold miners here in Obuasi Community Ghana. We have the capability of producing between 50-100 kilos of Gold Dust Monthly.

    ( The product Available Below )

    Commodity: Gold Dust/Gold Bars
    Available: Quantity: 300kg
    Origin : Ghana
    Quality: 22+ Carats
    Purity: 94.67%
    Packaging: In metal Boxes.

    Terms and conditions: In as much as I intend to establish a cordial business relationship with you, Interested buyer will have to arrange and come down to Ghana for inspection on our products, take a random sample for test at the ( Government Geological Survey Department ), having been satisfy with the assay report of the Gold, buyer/ seller will then sign ( Sales and Purchase Contract/ Agreement ).

    I shall be grateful to furnish you with any further information that you may require after hearing from you and shall consider it a privilege doing business with you to foster a cordial and long-lasting business relationship between both parties. Below are my contact information

    Name: Prince Kwabena Mensah
    Email: princekwabenamensah@gmail.com
    Phone Number: +233 5417 94585
    Skype: princekwabenamensah
    Facebook: Prince Kwabena Mensah

    We are waiting your purchase interest and quick responses.

    Best Regards,
    Prince Kwabena Mensah

  3. Kwkau Agyman says:

    Commodity: Gold Bullion bars
    Quantity: 30 Kg
    Fineness: 22 carats
    purity over 96.05%
    Origin: Republic of Ghana
    Our Price: $ Reasonable

    The above product belonging to the royal families of (Nana Asare) of
    Wasa-Akroponj in the Western Region of Ghana, is available for sale and
    it’s in a security company presently, rush now for this limited offer of a
    life time…contact us via the below details for more information, serious
    buyer only please!!

    phone: +233 (0) 235 567 419
    E-mail: kwaku.g2@gmail.com
    Skype: kwaku.agyman

    Regards

    Kwaku Agyman

  4. Toure says:

    Dear Sir.

    Am contacting you on behalf of my Community which comprises of mainly
    local Gold miners to represent and as well look for a prospective
    buyer for the bulk of Gold mined locally in our Community.The
    Community as well with the Village heads have given me right to go
    into any
    contract of extraction or mining with any interested person or company
    depending on the discussion reached between both parties concerned. If
    you are interested I would be glad to see you in Bamako Mali to sign
    an agreement before you can carry the Gold dust back to your country
    with me. I remain to hear from you soonest.

    1. 22 Carat and Purity 96%
    2. 38,000 USD for one Kg.
    3. 110 KIlos IS Avalible

    Email seyagold21@gmail.com
    Skype: mohamadi999
    Best Regards
    Mr,Amin Toure .+223 66037486.

    • Phil says:

      This is an example of the sort of spammy / scam emails we receive every day. Unfortunately, we are aware of unsuspecting & naive members of the public who are taken-in by such offers in the belief that they can make good profits on importing gold.

      Please remember that legitimate gold mining operations extract around 1 gram of gold for every ton of rock they dig out of the ground! If any mining operation were extracting this amount of gold they would probably be one of the top producers in the world!

      Of course, they are not. The above is a scam and you should steer well clear of all similar offers of ‘Gold Dust’.

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