Looking ahead to GEGI earnings in 2018 and beyond.
And it all starts this year 2017!
MAJOR POTENTIAL HERE!!!
Based on the updated news recently from GEGI... the company should conservatively rake in $4M-$6M in revenue in 2018 with only two mining operations. GEGI has noted 5 other mining operations in PRs and updates that once operational will add to the revenue stream total.
That court BS will be long gone very very soon.
Gomez Plata Project Potential Gross Value and Annual Revenues:*****
To summarize for those that don't want to read below:
GOMEZ PLATA PROJECT GROSS VALUE (POTENTIAL) = $238,934,872 USD
GOMEZ PLATA TOTAL ANNUAL REVENUE (POTENTIAL) = $6,133,496/year USD (using a conservative 300days/year operation volume)
***GEGI will receive at least half of the revenue indicated above.
Genesis Electronics Group Inc., (GEGI-OTC) Signs Agreement With Morrocota Gold
October 4, 2017
Genesis Electronics Group Inc., (GEGI-OTC) announces it has signed agreement with Morrocota Gold to operate what will be called “The Project Gomez Plata.” The project is fully permitted and the operation is operational within two months. The project is presently being overhauled and as existing has a capacity of 100 tons per day. The region is referred to as Sesgalete. The project claim is over a mile long and an average width of 1.5 yards. The mineral material amounts to 1,170,000 tons with 154,227 ounces of gold, and 2,408,000 ounces of silver. Juan David Perez Schile, CEO, comments, “We are thrilled to enter into this agreement, and my team is anxious to work with this group. They have identified our team’s ability to optimize projects and produce cash flow.”
Projected Gomez Plata project worth:
GOLD: 154,227 oz @ 1286/oz = $198,335,992 USD
SILVER: 2,408,000 oz @ $16.86/oz = $40,598,880 USD
POTENTIAL GOMEZ PLATA PROJECT GROSS TOTAL VALUE = $238,934,872 USD
Project Annual Revenue: (using a conservative 300days/year operation)
GOLD: 13.2% yield at 100 tons/day x 300 days/year = 30000 tons x 13.2% = 3960 oz/year = $5,092,560 USD/year
SILVER: 105.8% yield at 100 tons/day x 300 days/year = 30,000 tons/year x 105.8% = 61,740 oz/year = $1,040,936.40 USD/year
POTENTIAL GOMEZ PLATA TOTAL ANNUAL REVENUE: $6,133,496 USD***
***This is in the mine’s current state of 100 tons per day… does not take into account any upgrade to the operations that may occur to ramp up daily extraction and therefore mineral yield.
BTW - The company is working on having the mines audited by one of the big four auditors: if and when this occurs full transparency will exist and the noise about verification will die off.
GEGI Guayaco Gold Production Valuation Estimates
Summary:
@2000 grams/month = $82,691.60/month (annually without ramping growth = $992,299.21 USD )
@6000 grams/month = $248,074.801/month (annually with no organic growth = $2,976,897.61 USD)
Cacique Mining Inc. (GEGI) Ready to Launch Phase One of Guayaco Project
August 7, 2017
Cacique Mining Inc. (GEGI) announces it is ready to launch phase one of its Guayaco project. The mine needs some initial development and some work needs to done with respect to infrastructure for transport, ventilation, and power supply. Juan David Perez Schile, comments, “the plan is to have the upgraded version in production within four months. We should have an initial output of 2000 grams per month. After that grow it up to 6000 grams per month. After year one, we intend to apply organic growth to scale from there.”
1 gram = 0.0321507 troy ounces
2000 grams = 64.3014 troy ounces
spot price of gold = $1286/troy ounce
64.3014 x $1286 = $82,691.60/month (annually without ramping growth = $992,299.21 USD )
Ramping up to 6000 grams:
6000 grams = 192.9042 troy ounces
spot price of gold = $1286/troy ounce
192.9042 x $1286 = $248,074.801/month (annually with no organic growth = $2,976,897.61 USD)
This is for only one mine! Now couple this with the Gomez Plata project and boom!
Two other projects (in addition to the other mines): claim ILV-09-301-Z1 and claim SDP-09431 have much higher gold grades than the Guayuco Project.
The Guayuco Project project has 13g/t
Compared to:
Claim ILV-09-301-Z1 = 20 to 30g/t
Claim SDP-09431 = 48g/t
$GEGI
