 | Guinea Bauxite Mining and Trading Company (GBTC)ICO Guinea Bauxite Mining and Trading Company started its journey in November, 2016. We are a registered business in the Republic of Guinea. We have come a long way since then. We have been given rights to explore Bauxite in the districts of Boffa and Telemele. CHALCO operates mines in Boffa and has estimated bauxite reserves in their mines at 736 million tons. Eurasian Resources estimates Bauxite reserves in their mine in Telemele at 5 billion tons. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is Guinea Bauxite Mining and Trading Company
We are strictly speaking, not a technology company. We are a mining company. This token sale is synonymous to an Initial Public Offering. We are just offering tokens using blockchain technology instead of stocks to raise money to start our operation. We have just started our token presale.
The total supply of GBTC tokens is 100 million units. The token type is ERC20. Once done with the presale we will list our token with all the major cryptocurrency exchanges. Our tokens are backed by real assets as we have already mentioned. Each and every token is backed by bauxites in our mines.
There is an estimated 18 million tons of bauxites in our mines. We need money to mine these confirmed bauxite reserves and explore the area we have been given rights to for more reserves. The 18 million tons of bauxite ready to be mined is valued at almost 700 million dollars in real market price. Bauxite is refined into Aluminum. Aluminum is used for high grade manufacturing for example cars, airplanes etc. Tesla uses aluminum to die cast their cars.
DetailsPre-sales: Mar 19, 2021 - Dec 31, 2021Pre-sale token supply: 60,000,000 GBTC Token supply: 100,000,000 GBTC Total tokens for sale: 60,000,000 GBTC Hard cap: 60,000,000 GBTC LegalBlockchain Platform: EthereumRegistration year: 2016 Office address: Almamya, Immeuble Nouma, Commune de Kaloum, Conakry, Republic of Guinea. State College, Pa 16803, USA. | Token infoTicker: GBTCType: Security Token standard: ERC20 Token price in USD: 1 GBTC = 0.01 USD Token price in ETH: 1 GBTC = 0.000005 ETH |
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One Response
This is a new beginning. I love this idea. Make life easy and trusted. We shall raise the money to fund this project. Twitter is your best bet.