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Chapter 42: Gold Rush

Back at the ranch, Chen Mo made some preparations before the 'gold panning'.

A few days later…

In the southwest of the pasture, there is a seasonal creek, and golden dots are reflected on the gravel of the riverbed in the sun.

In the desolate Gobi desert, the wind is howling. A few wild deer that look smart are grazing not far away, and they don't panic when they see people coming...

Brett used an iron basin to wash the soil and gravel, and easily washed out a large amount of gold sand: "The gold content is so high." Brett looked at Chen Mo in shock.

Montana has many rivers with gold sands, but it’s just a matter of gold content. Most of the rivers containing gold are not worth specializing in gold mining...

"I was shocked before. Stop inking and start working quickly." Chen Mo said.

"Wait, wait..." Bright picked up a small black stone from the sand and said: 'Boss, raw sapphire ore.'

One is very small, no bigger than a match head, and black.

Chen Mo went over and took a look...

Brett took the pebble and rubbed it hard on his clothes, revealing a little bit of black and blue: "It is indeed a sapphire."

"Montana sapphires? Why are they black?" Montana sapphires are very famous and are abundant in the upper reaches of the Missouri River. Chen Mo saw photos of Montana sapphires on the Internet. This type of sapphires are usually very small, and the largest one has been found in Montana.

Take the rough sapphire, which is 64.14 carats.

"It has to be cut and heat-treated. Look..." Brett showed his wedding ring: "This is a sapphire. It's very beautiful."

"So small?"

"It's not small anymore, it's 2 carats."

"Okay, okay, hurry up and get to work. Washing out the gold is the real thing... Sapphires are not worth a lot of money."

"watt……"

Chen Mo was too lazy to tell him more, pushed him to sit on the excavator, and worked quickly.

The largest sapphire mining company in Montana seems to have an annual net profit of less than one million... Sapphires were discovered here, but Chen Mo didn't know that the area was a sapphire-rich mine. If so, it would be too much of a coincidence.

It is easier and more cost-effective to set up a sapphire mining company than raise a few more cows.

There were hundreds of kilograms of gold sand in the river. Chen Mo sprinkled it secretly and stirred it up with an excavator. All the gold sand was on the surface...

The gold content in the riverbed gravel should not be too high. Chen Mo specially pulled Bright over to help because he wanted him to be a witness.

Through this period of getting along with Bright, Chen Mo also recognized him as a person. At least compared to Canlby and Athol, Chen Mo trusted Bright more.

The gold here is a huge sum of money, the money is attractive, and it is in a remote wilderness. The main reason why I came to Bright is because he is a man who has seen money. The consideration of character by high-income elites is also very important.

Chen Mo went over and started the ore washing machine, and Brett sent a bucket of sand and gravel, and walked through the conveyor belt with at least a few hundred grams of gold...

Snow Mountain Pasture is very large, 35,000 hectares, or 350 square kilometers.

It takes an hour to drive from the populated area of ​​the ranch because there is no flat road. It’s not bragging that there are no people inhabited for dozens of kilometers. Here, even if you put dozens of detonators, you won’t know...

In the evening, Chen Mo and the two of them washed out four barrels of selected mineral sand, drove to his secret base, a pasture residence where alfalfa seeds were stored, and washed out 1,964 ounces of gold overnight.

Brett had been on the phone while Chen Mo was washing and drying the gold, arranging ranch work.

It's time to spend the winter, and there are a lot of things going on at the ranch. The noise nearby makes Chen Mo's head hurt.

Brett finally finished the phone call. Chen Mo also weighed the gold and prepared to melt it... Chen Mo was already familiar with these tasks...

"Boss, how much gold did you find today?"

"3000."

"ounce?"

"Yeah." Chen Mo added more numbers.

In the space, Chen Moke has 1.6 tons of gold bars ready for processing.

Brett's mouth opened slightly, and he was about to say something, but something got stuck in his throat.

"Today's gold price is 1,364 US dollars, 3,000 ounces... 4 million US dollars. In other words, we can pay off the bank loan in just 10 days." Bright took a deep breath. He is a person who has seen money, but

With such a pair of gold in front of him, Bright's heartbeat was still racing.

If it had been anyone else, he might have developed some crooked ideas.

"1364 is the market price, the selling price, it is definitely not that expensive. There are impurities in this gold... 1200 US dollars per ounce, I am satisfied. The important thing is that there is no tax, that would be a huge loss."

"We must convert it into U.S. dollars as soon as possible to pay off the debt..."

After the tax reform, the corporate income tax is 20% (top).

Corporate income tax collection and administration has never been an easy task. Corporate income tax is a tax levied on the company's profits after deducting costs and expenses from its income.

There are various tax loopholes in various preferential tax policies.

As long as the company has a book loss or a loss that can be carried forward, it may not pay a penny of income tax.

The income from the sale of gold can be fully included in the ranch income, and this part of the income can be used to repay debts. In addition, the Ministry of Agriculture will provide partial compensation for the investment in ranch infrastructure, usually in the form of tax deductions or tax refunds.

The tax system in the United States is very complicated. Even some professional accountants cannot understand it. They have to hire lawyers and accounting firms to sort it out.

"The tax filing season ends on April 17 next year at the latest. Selling gold before then can save a lot of money." The reason why Bright switched jobs was not because he was overwhelmed by Chen Mo's domineering spirit, or because he was overwhelmed by Chen Mo's domineering spirit.

I got an extra 50,000 yuan in salary every year because I was unhappy working at my previous ranch.

When we come to Snow Mountain Ranch, we face too many problems.

As long as the debt is not too high, Snow Mountain Ranch can develop slowly and more easily step by step.

"Call Cohen and ask if his people have arrived. I'm really anxious." Chen Mo melted the second piece of gold, took out a cigarette, lit it with a flame gun, and took a puff.

Chen Mo and Brett knew about the gold in the ranch, and Wells Fargo...

This matter cannot be leaked, at least not within a short period of time.

Bright and Chen Mo dug for gold for another two days, but no one from Wells Fargo came over. Bright took the gold and went to Washington state to contact several major banks, as well as major jewelry stores and precious metal companies.

Fund companies that operate gold...

Shop around to find the more expensive one.

The price for selling gold is definitely not as high as buying gold. It is priced according to the gold content... Each company's quotation is different. The lowest quotation is only 1,180 US dollars, and the most expensive one is 1,230 US dollars.

Brett contacted the buyer and rushed back to the ranch. Wells Fargo's gold business staff finally came to Montana...


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