Hello everyone,
I'm new here and I just joined this forum for a particular purpose and I hope I do not offend the moderators. I live in Cagayan de Oro City Philippines and we have a 2 hectares piece of land situated in the middle of the city. All the surrounding areas are urbanized and there are also plans by the government to construct a road that goes through our piece of land sometime within next year. Anyway, this land has always been suspected of containing gold deposits but because the old owners don't have any interest and also because of lack of financial capacity that could fund such project. I was very skeptical before not until geodetic engineers who surveyed the area confirmed that it does show signs of containing precious minerals. One of the local folks used a metal detector and indeed confirmed the results. I'm planning to buy my own metal detector (the one that's great for detecting gold) but my main question is, what will I do if indeed it contains gold? I'm afraid that the government will take over if they found out about this land and perhaps Phil Minex will extract all the gold from the land and we end up with nothing. Please help me with your advice. I'm not selling anything whatsoever so please, no scammers and bogus offers.
Thanks,
Zhack
I'm new here and I just joined this forum for a particular purpose and I hope I do not offend the moderators. I live in Cagayan de Oro City Philippines and we have a 2 hectares piece of land situated in the middle of the city. All the surrounding areas are urbanized and there are also plans by the government to construct a road that goes through our piece of land sometime within next year. Anyway, this land has always been suspected of containing gold deposits but because the old owners don't have any interest and also because of lack of financial capacity that could fund such project. I was very skeptical before not until geodetic engineers who surveyed the area confirmed that it does show signs of containing precious minerals. One of the local folks used a metal detector and indeed confirmed the results. I'm planning to buy my own metal detector (the one that's great for detecting gold) but my main question is, what will I do if indeed it contains gold? I'm afraid that the government will take over if they found out about this land and perhaps Phil Minex will extract all the gold from the land and we end up with nothing. Please help me with your advice. I'm not selling anything whatsoever so please, no scammers and bogus offers.
Thanks,
Zhack
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