Replies to post #25184 on Genesis Electronics Group Inc (GEGI)

[buccaneer1961]

excellent dd !! 2nd to none,well thought out!! great post and correct

[GREGG THE GREEK]

I stand corrected.

Thx for putting this up again as I was going off of memory and it's been a while since I read this.

!****The first year the project will produce over four million dollars in gross revenue****!!!!, growing up to forty five in the fifth year. Gold produced will grow from actual 7 kg per year to 900 kg per year.

I put up here that the $45 mil projection was by yr 4, I was wrong, it's actually by yr 5.

My understanding is, 90-120 days for production to ramp up.


GEGI

[hdsmonkey]

Thanks Almost

[Ardbeg]

Indeed... great DD. For now just get the filings posted to NV SOS and bring the company current with OTC Markets. The mining operations will come along. I'm looking forward to seeing an update of the company's strategic plan as well.


$GEGI

[TRAPPER JIM]

Over four million dollars the first year . I like that part

[DD_dempsey]

With respect to the post $GEGI-Cacique Mining PART 1

PART 1- WHY is $GEGI - Cacique Mining Inc. severely undervalued, oversold and about to see a major market correction northward IMO?

The last few months have been particularly boorish for $GEGI and the depressed share price is less of an actual reflection of the true POTENTIAL ...but mostly - the result of former owners leaving both the TA and the OTC with different listings of prior management. This is turn has caused LEGITIMATE delays in the real world of an OTC stock as it pertains to seeing OTC markets fully updated, every financial quarterly or ANNUAL that would be sufficient submitted so that this could be listed as PINK CURRENT.

It is my opnion, that for one to find intrinsic value in an OTC mining stock - there must always exist the perceived chance at the quick and steady escalation of a company share price BASED on myriad factors - most notably ... Sustainability, viability and POTENTIAL of the acrual mining interest in play. The bottom line is - the current share price of $GEGI hardly reflects a stock whose CEO recently stated in this press release yesterday that he intends for the Guayuco MAIN project to be fully UPDATED and readied for full operation to RAMP up GOLD Production in 3-4 MONTHS ! This is MAJOR NEWS! While this has slowly ticked to the bottom of the channel and to the .001 pps PAR VALUE --the reality is - it's been downtrending on significantly low volume for an OTC stock.

Interestingly, We have not seen a series of 100 mil volume days - either solidifying the downtrend OR rather, perhaps the steady increase in share price as management moves forward first with aN updated NVSOS and now with changes to OTC. .

If $GEGI appears on the start of a price uptrend - the timing couldnt be better (as I continue to lay out DD - it will become abundantly clear that Schile CEO and HIS Alluvian gold mining PROJECT has already been produicng gold and NOW- they finally appear ready (announced to the public below) that they are putting the final touches on getting the project ready for the next phase- and to the next level of production.





The most recent press release dated 8/7/2017- issued by CEO Juan David Perez Schile serves as the first DIRECT timeline put in motion for the OPERATION of the Cacique Mining Project -- folks-- he declares it will be ready in 3-4 months) and that's to START ramping output of gold production up SIGNIFICANTLY and SHARPLY differs from the previous convoluted timeline whereby it appeared TO SOME that it may take as long as 5-7 years for gold production. One major point also misunderstood was that there exists many veins and already measurable gold production, yield and profits.

Check this out from a formerly issued release - which percipitated the drop in price per share which didn't make sense with the DD. The market will be quick to realize what's going on now this time and IMO - we will start seeing upticks in volume and continued momentum. Read this below and one could easily see how it could appear from what was written- that the GEGI project would need TIME to materialize and realize revenues- to the tune of years. INCORRECT Greatly. This is the furthest from the truth and very happy that one of the CEO first actions was to CORRECT any and all misperception.





THIS NEWS - of which I first saw yesterday, is such a game changer with respect to Actual mining timelines for $GEGI and the gold projects with which it is primarily focused. - FURTHER - the addition of the Colombian government and the USAID to join forces with $GEGI in order to eventually get most farmers trained to produce Alluvian gold without the dangers of Mercury.

In summation, the new press release his week, issued by the CEO of $GEGI adds instant credibility for the immense POTENTIAL for this stock- not only with its investments, but with this share structure, the high probability that they keep the SS the same and several other mitigating factors that all seem to indicate the potential break here north of .002 pps and then at .003 pps. The return to those levels enjoyed just 6 weeks ago seems far more likely a hedge I'm willing to take now.

This DD post is just the tip of the iceberg here - as prevailing views show the financials are already completed and the proxy nearing completion to execute the wishes of the Transfer Agent. For those keeping score at home - this current pps of .0012 is severely undervalued and more then in half IMO. There is no reason why this should be trading any lower then where it was BEFORE thr NVSOS was officially changed - therefore - one May see a rise in optimism translating into a steadily climbing pps back into the .002's In short order.

[DD_dempsey]

MUST READ THIS DD- $GEGI

You wrote an excellent analysis that I'm responding to. It was widely misunderstood that the project would take 7 years to actually materialize.
Thank you for a very well written piece and to remind everyone hat in actuality - they should have about 2000 tons a day ofngold production on that one mine by Dec 2017. That's quite a bit of revenue. Then the move to 6000 per month comes next.

One doesn't have to be a genius to do the math. Here is the recent press release correcting the tile table for gold ore development and production.




Here is a part of your analysis that tries to tell others why it doesn't really mean 7 years wait before value. You did a great job. I didn't have the time to point that out with my analysis aforementioned.

Here again is a portion of the DD you presented off the Cacique website.

The operation is projected to 300 tons per day in a period of five years on the sole Guayuco vein. There will be space for greater expansion as the other gold bearing structures are tested.

The recovered grade of gold is estimated in 10 g/ton and 8 g/ton of silver (AAM NOTE: 300 tons per day @ 10 g/ton = 96ozt/day for gold....300 tons per day @ 8 g/ton = 77ozt for silver. That's $119,481 per day for gold & $1276 per day for silver based on today's NY close.)

Operational costs per ground ton including royalties, transport of ore and refinement charges are estimated at USD $120, which is roughly USD$ 400 per troy ounce, when the operation is upgraded to 300 tons. This is in the lower Quartile of cash costs in the mining industry

!!!!****The first year the project will produce over four million dollars in gross revenue****!!!!, growing up to forty five in the fifth year. Gold produced will grow from actual 7 kg per year to 900 kg per year.


Social approach


Sustainability of the project is a factor taken very seriously, with both social and environmental care strategically considered. The property is surrounded by land appropriate for the harvesting of Inca Seeds (Sacha Inchy) and the project will use the knowhow and commercial development of Inca World Wide to utilize this land for the local community.


Location of the Property


The project Guayuco is located in a low valley, with maximum elevation of 60 meters above sea level. The zone of the property has very low hills with steepness of less than 30% and is adjacent to the river Nechí.


Infrastructure


A dirt road of 1.6 miles goes from Puerto Claver, the nearest town, to the property. The project has access to abundant water and power to supply its needs. The closest airport is in El Bagre, 45 minutes from the project.




Geology


The mineralization explored up to now is a multiple siliceous vein system. The entire property is over the batholith of Segovia, a major source of gold produced in the country. The high-grade mineralization occurs over important intervals of more than one kilometer in depth, as has been found in other exploitations in the same batholith. The mineralization is rich in sulfides with abundant pyrite and lesser amounts of galena and sphlerite.

Six major high-grade veins have been found in the area with considerable width and continuity. The mineralization is similar and there are sub parallel structures. All of the veins have been mined by small-scale miners, within the limitations of this rudimentary practice. These structures are to be tested and there is good evidence of more enriched zones that have not been uncovered. The existing zones prove the high potential of further gold reserves.

Small-scale mining

Historically, the property has been mined by small-scale mining in the absence of explosives and in many cases small generators have generated the electric power. This has limited the operations to shallow depths that don’t surpass 30 feet. Only two operations have been using some mechanization and were able to develop works to a depth of over 200 feet, well into fresh rock.