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Re: lerx post# 1325

Wednesday, 05/14/2008 1:34:48 PM

Wednesday, May 14, 2008 1:34:48 PM

Post# of 5678
I've been involved with this stock for a while and have consistently believed that Gemini would work La Tapata themselves, for cash flow, to make a profit and fund other development and acquisitions - as it will not cost much to get it up, running and extracting gold. Also the cost of extraction is estimated to be very low in that one - no more than $200 per oz.

On the other hand, I vote for La Planada as either a JV candidate or, after a resource is defined by a drill program - a buyout. These are just common sense guesses on my part.

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