Frequently Asked Questions

Oret Token, a kickstarter coin based on ERC-20. It the means for PMMSA to raise the capital necessary to buy the gold rich land plus acquire all the necessary equipment for our gold processing plant.
Paraguay Mineral Mining is a Paraguayan company dedicated to the extraction of Gold, located in the center of the eastern region of the country, in the town of Paso Yobai.
The APM (Asociacion de Pequeños Mineros) property covers a total of 83.37 hectares, comprising exploration concessions covering 83.37 hectares. APM own 100% of the exploration concessions which cover 850 meters of the gold trend and is fully licensed for extraction.

The first Exploration Concession owners completed an extensive exploration program and has significantly enhanced the value of the property by diamond drilling returning up to 26.6 g/tonne of gold over 6.5 meters and by outlining a possible mineral deposit containing between 61,250 and 157,500 tonnes averaging between 4 g/tonne and 7 g/tonne gold in an Open Pit Mine. Tunneling to a depth of 150 meter will add 1,322,000 tonnes averaging between 5.5 g/tonne to 8.0 g/tonne.
With the implementation of the tunnel system 150 meters deep in the mine, the amount of ore to be processed increases to 1,323,000 tons.
The average gold concentration in the area is 7.5 g / t multiplied by 1,323,000 tons of ore = 9,922,500 grams of gold equivalent to 319,051 ounces. A total of 398,814,308 USD (according to the current price of gold per ounce) is the calculated value of the GOLD PROJECT IN PASO YOBAI.
PMMSA shares 45% of net profit with the ORET Tokens, equivalent to the calculated value of the PROJECT: 179,466,438 USD
This gives a value of 14.35 USD for each Token ORET
179,466,438 USD divided by the total amount of ORET in circulation (12,500,000 ORET): 14.35 USD
2,870% of the initial value of the ORET in the ICO stage, which was 0.50 USD
The ORET tokens is the equivalent of having shares in the PMMSA Company. ORET gives the Holder the right to their share of 45% of the monthly net profit directly related to the extraction of GOLD. (The example on monthly earnings is completely explained with exact numbers on our main page https://www.oretoken.net).
12,500,000 ORET Tokens will be created and then distribution as follows:
  • Bounty: 1,000,000 ORET 8%
  • Airdrop: 500,000 ORET 4%
  • Crowdsale: 11,000,000 88%
The price of each ORET Token will be 0.545 US cents quoted in ETH.
This price will be maintained from the beginning to the end of the ICO stage.
The minimun purchase is 50 USD
The maximun purchase is 150,000 USD
The reason for the limit in maximum purchase is explained in our main page, whitepaper.
Investors can buy ORET Tokens using Ethereum and bitcoin.
No. You can not send ETH from an exchange. You can only send ETH from your Wallet.
If you have sent your payment from an exchange you will have to contact us at: contact@oretoken.net
Add the following info in your wallet.
Token Contract Address: 0xF2c9989935339b416C53A1bA852ebf28cc0ffa64
Token Symbol: ORET
Decimals: 18
An ERC20 wallet is an Ethereum wallet that is capable of accepting ERC20 standard tokens (ERC20 is the standard for Ethereum based tokens).
Firstly the wallet must be an Ethereum wallet, and secondly, you should hold the private keys for the wallet. Most Ethereum wallets that you hold the keys for will be capable of accepting ERC20 tokens - one of the exception to this, is the Jaxx wallet.
The moment you buy ORET tokens you will be asked to provide your ERC-20 compatible wallet address. It is extremely important that you do not provide an exchange address (Bittrex, Binance or Luno etc) when asked, as this will likely result in you losing your ORET tokens.
ORET Tokens will be distributed after the ICO ends.
An airdrop is a distribution of a cryptocurrency, token or coin, usually for free, to a large number of wallet addresses. Airdrops are primarily implemented as a way of gaining attention and new followers, resulting in a larger user-base and a wider disbursement of coins.
The ORET team will make an Airdrop of 500,000 ORET Tokens to all users who join their community. Join us, register on our website and complete the following steps before October 25, to receive 25 ORET Tokens directly in your ETH wallet.
The Airdrop will be held until October 25, or until 500,000 ORET Tokens are used up.
Each participant of the ORET airdrop, will receive your tokens some days before ORET ICO Stage start (November 1).
Click on the link and complete the following requirements to obtain your ORET Tokens
You can sell your ORET Token 20 days after the ICO stage ends, and once ORET listed on the exchanges. If your Tokens are on an Exchange at the time of our weekly Snapshot, you will not receive that weeks share for the profits. You can only receive your profits if you have stored your ORET in a compatible ERC-20 wallet.
If your Tokens are on an Exchange at the time of our weekly Snapshot, you will not receive that weeks share for the profits. The reson for this is that you can only receive your profits in your own Wallet. Profits can not be sent to an Exchange!
A Snapshot is a record taken of the Blockchain. In our case, a record of all the Eethereum Addresses that have stored ORET tokens. This information is the used to distribute the weekly profits.
The Snapshot will happen every weekend, and the profits will be distributed the following week.
The Pilot Plant is a scaled down version of the Main Procesing Plant. It has the capacity of 2.5% of the Main Processing Plant.
The Pilot Plant will start generating profits 45 days after the ICO ends.
This Pilotl Plant will be in operation until the arrival and installation of the Main Processing Plant.
6 months after the end of the ICO, the Main Processing Plant will be up and running at full capacity.