1724......pada awal tahun x jangka naik ke paras ni....
dulu rasanya dalam 1400++ or 1500++ je....huhu
wow....naik ke 1730......wowwww............
melombong sakan hari ni,
Since its founding in 1999, Virgin Gold Mining Corporation has grown quickly to become one of the world's leading gold exploration and mining companies and a young, dynamic organization with a global reach and an international perspective. Based in Panama, an international offshore tax-free jurisdiction, Virgin Gold utilizes various offshore vehicles to facilitate its onshore business operations. This means we are able to generate good revenue and tax-free dividend to our shareholders worldwide.
With approximately 500 employees, Virgin Gold is efficiently managed, whereby everyone in the organization understands its mission, vision and corporate philosophies. Despite our tender age, Virgin Gold is better structured, and more prudently managed and financially viable than its peers, allowing it to optimally exploit any unforeseen volatility in the current financial market.
The executive boards are responsible for running the day-to-day operations of the corporation while the board of directors makes vital decisions and decides on major issues as advised by the various committees. The latter support the Board of Directors in assessing risks, setting remuneration, and monitoring the integrity of the financial statements. Meanwhile, both external and internal auditors collaborate closely to ensure every single operation achieves its objectives, shareholders enjoy maximum benefit and the corporation grows to greater heights.
Virgin Gold currently operates in parts of Africa and South America and is focused on growing shareholder value through joint ventures, acquisitions, exploration and the development of potentially large-scale gold projects.
aku layan scalping dengan 3.5oz.....open close open....profit dalam 50usd...x sampai 10 minit kot....hehe
What we aim
Virgin Gold, as well as being a truly enterprising and ambitious corporation, retains realistic and achievable expectations. Currently a global niche player, our long term vision is to become an industry leader in gold mining, manufacturing and trading sectors.
We aim to achieve this through cooperation, joint ventures, partnerships, acquisitions and exploration across all geographical locations. Virgin Gold aims to raise 3 to 5 billion dollars of working capital through issuing new Convertible Preferred Stocks to the global community within the next few years.
Our corporate mission is to build a sustainable mining business that consistently delivers top earning per share to stockholders while leading in terms of safety, environmental stewardship and corporate responsibility.
While an Initial Public Offering (IPO) is an interesting and lucrative proposal, it is not part of our short term goal. We are currently comfortable as a private corporation because it allows us more room in which to grow and compete. Based in a tax and business friendly offshore jurisdiction, Virgin Gold is better-placed and more flexibly able to invest in many onshore operations than its bigger peers. Our short term goal is to grow this corporation into a global industry leader and return good and consistent dividends to shareholders.
However, going public remains our medium term priority. We foresee ourselves launching an IPO by year 2015 if the environment is conducive. It will be very interesting when this materializes since millions of our private shareholders will hold public listed shares. Virgin Gold Convertible Preferred Stockholders will be able to convert their shares into public traded common shares. The shares to which they currently subscribe with Virgin Gold will potentially appreciate several times over after the IPO.
Our values and principles help us on our journey towards sustainable development. By living according to our defined Corporate Value, we can meet the current needs of our organization and stakeholders, thus protecting, sustaining and enhancing human, natural and financial capital for the future.
We respect every individual. We draw strength from equal opportunity and diversity, while also supporting personal growth and development. We treat people’s lives and well-being as the key commodity for our organization’s future. We value human rights and all benefit from the entrepreneurial spirit of each individual. We will ensure all our people are kept informed of important company developments and issues.
We are committed to the highest ethical and governance standards in the industry. Commitment to our corporate responsibility will remain a key business priority for our organization.
High performance culture
Virgin Gold is a result-oriented company; focusing relentlessly on delivering and executing high business objectives. We value innovation, adaptability and accountability in executing against our business strategy. Teamwork and continuous improvement is central to our business culture. Therefore, we recognize and reward excellence.
We will constantly be prudent with shareholders’ money, hence discipline is central to our financial management philosophy. We will always seek new, more efficient ways to use the company’s resources to the benefit of our stakeholders.
Above all, we are committed to integrity in all that we do; to our shareholders, partners, employees, society and community, always and everywhere.
The way we interact with our stakeholders is fundamental for our business and our success. We strive to act with integrity, responsibility, fairness, transparency and discretion at all times in order to secure the trust of our stakeholders.
Virgin Gold’s corporate governance complies with internationally accepted standards. We recognize the importance of good corporate governance and know that transparent disclosure of the same helps stakeholders assess the quality of the Group and our management and assists investors in their investment decisions.
Complying With Rules and Regulations
We fully adhere to the principles and comply with the rules and regulations of any jurisdiction where we operate, with a few minor exceptions where the rules are not applicable to foreign parties.
Our Corporate Governance Framework
Our corporate governance policies and procedures are laid out in a series of documents governing the organization and management of Virgin Gold Mining Corporation. The Board of Directors has adopted a set of Corporate Governance Guidelines aimed at explaining and promoting an understanding of our governance structure.
Our Risk Management function occupies a central role in our organization as it fosters a disciplined risk culture and creates appropriate transparency by providing a sound basis for the management to define a suitable risk profile. Risk Management is instrumental in ensuring a prudent and intelligent approach to risk-taking that appropriately balances risk and return and optimizes the allocation of capital throughout the corporation. Moreover, through a proactive risk management culture and the use of cutting-edge quantitative and qualitative tools we strive to minimize the potential for undesired risk exposure in our operations.
Committed to Compliance
We strive ceaselessly to ensure that our employees maintain the highest standards of compliance with all legal, regulatory and internal requirements. Our employees are asked to observe strict standards of professional conduct at all times. Compliance considerations are critically important when selecting employees, developing training tools, and defining processes and rules and is a vital element of all our supervisory and control systems.
We are committed to employing a compensation approach that rewards excellence, encourages personal contribution and professional growth and aligns the employees’ interests with those of Virgin Gold, thus motivating the creation of shareholder value. Long-term corporate success in the exploration, mining and trading industry depends on the strength of human capital, and our goal is to be the employer of choice in the markets and business segments in which we operate.
Board of Directors
The Board of Directors of Virgin Gold is responsible for the overall direction, supervision and control of the corporation.
Board of Directors of Virgin Gold Mining CorporationName Born Citizenship Function
Ricardo Luigi Oliviera 1956 Panama Chairman
Peter Torgensen 1961 Norway Board of Director
Bradley Nevis 1960 USA Board of Director
James Gibson 1968 United Kingdom Board of Director
Pavel Nunek Valenski 1964 Ukraine Board of Director
Honorary ChairmanName Born Citizenship Function
Lucas M. Cookshank 1952 Canada Advisor
Corporate SecretaryWilliam Richard Smith
For centuries, gold has been coveted for its unique blend of rarity, beauty, and near indestructibility. Nations have embraced gold as a store of wealth and a medium of international exchange; individuals have sought to possess gold as insurance against the day-to-day uncertainties of paper money.
Perhaps more importantly, in the past few years, gold has finally been treated as an asset class that investors must keep as part of their portfolios. Investment in gold can be in the form of physical gold bars (nuggets), paper gold, gold company shares, gold investment funds (mutual fund), gold futures and options.
Monetary authorities such as Central Banks and International Monetary Fund (IMF) have long held gold in their reserves. The public takes confidence from knowing that its Central Bank holds gold - an indestructible asset and one not prone to the inflationary worries overhanging paper money. Some countries give explicit recognition to its support for the domestic currency. Moreover, rating agencies will take comfort from the presence of gold in a country's reserves.
Gold is sometimes described as a non income-earning asset. This is untrue. There is a gold lending market and gold can also be traded to generate profits. There may be an "opportunity cost" of holding gold but, in a world of low interest rates, this is less than is often thought. The other advantages of gold may well offset any such costs. The opportunity cost of holding gold may be viewed as comparable to an insurance premium.
As for private individuals, nobody is suggesting that one should put 100% of their assets into gold investment. In any asset portfolio, it rarely makes sense to have all your eggs in one basket. Obviously the price of gold can fluctuate - but so too do the exchange and interest rates of currencies held in reserves. A strategy of reserve diversification will normally provide a less volatile return than one based on a single asset. Most investment consultants suggest exposure ranging between 10 and 35%.
The European Central Bank (ECB), for example, holds around 15-20% (depending on the market value) of its reserve in gold.
The question is not why, but rather how and how much.
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