A new newsletter from Gold Nugget Invest provides some interesting information for existing and potential members. The refund process is proceeding and as is often the case progress is being hampered by people submitting questions about the status of their refund.

This is clearly frustrating to the team doing all the work as they have to keep breaking off to answer these questions. They suggest that members refrain from making these types of enquiry and give them time to get on with it.

More interestingly for the future they have released preliminary details about the new offer they are making. It shouldn’t come as any surprise to hear that this new investment programme requires a minimum deposit of $1,000. Also, further deposits must be in multiples of $1,000 so they are clearly looking to keep a tight rein on who can take part.

I think this move was inevitable and whilst it might frustrate a lot of existing members it seems to me a wise move to make if they want to have greater control over their own destiny. Investors who are interested in taking part in this new programme are requested to submitted their details to http://gniforum.com/newgni. You have to provide your existing GNI user name and how much (in multiples of $1,000) you would be interested in depositing.

As yet there are no details of the return one would expect from this but I’d assume once they understand the level of interest it will give them a chance to establish what this might be.

I’m sure a lot of people will be wary and may also not be in a position to invest $1,000 so the numbers of people who join will probably reduce dramatically.

One thing it doesn’t address is anyone who is not already a member but I assume they would still be able to apply at http://gniforum.com/newgni to find out more details.