InvestorsHub Logo
Followers 0
Posts 474
Boards Moderated 1
Alias Born 09/11/2007

Re: None

Friday, 09/14/2007 1:24:45 PM

Friday, September 14, 2007 1:24:45 PM

Post# of 5678
DD re: Inspectorate Lab and trench results.

Today I called Sean at Seacove IR and asked him why there are no trench result samples ready for La Planada, recognizing that yesterday's PR promised results for Los Chorros in 10 days, I wanted to know why the La Planada results weren't available.

Sean told me there was a backlog at the Inspectorate Labs.

I had read this on the board yesterday and had already spoke to Inspectorate in Nevada where the lab is yesterday. I asked them about a backlog yesterday and they assured me there was no backlog and that sample results for Gold are on a 10 day turn around. Inspectorate told me that anybody who says there is a "backlog" past their 10 day turn around is full of crap.

Before telling Sean about my conversation with Inspectorate, I asked him if Mike Hill had personally told him there was a backlog. Sean confirmed that Mike Hill told him exactly that.

I then told Sean about my call to Inspectorate and Sean asked me to call back in 15 minutes so he could call Gemini and ask them about all of this since Sean was just going by what Mike told him.

I called Sean back 20 minutes later. And I just got off the phone with Sean and he informed me that they are retracting their statement that there was a backlog at Inspectorate and that the company's position is now officially the following,

"Gemini has no sample results at this time."

I asked him why they were saying there was a backlog and Sean apologized for saying that and for the company having said that. I then asked him why they said it if it wasn't true. He did not answer the question.

I told him, since I had published very positive DD on the Ihub board the other day, that I was morally obligated to publish the new, negative DD today.

Please be aware that I have sold out of my position in GXPI today.




Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.