Replies to post #29708 on Genesis Electronics Group Inc (GEGI)

[SIObserver]

Thank you so much for this DD_dempsey. I'm sure that you will have several others complementing you for providing it on this forum.

SIO

[Almost A Myth]

Thanks DD. The 2000 grams of gold per month is just for the one mine at Guayuco, and that output is projected to happen four months from the date of that news release, August 7, 2017.

Again, that's just the one mine. Green M&S also has two operating mines, and we have the two new leases we are waiting on startup dates for.

Juan David Perez has the know how to make all of these projects run smoothly and efficiently. That's why Kate took him on and named him CEO.

If all goes according to plan, by year end we will see significant revenue from the mines.

$GEGI

[DD_dempsey]

UPDATED- Must read DD- on $GEGI/ Cacique Mining

I think I may have discovered where many investors or potential investors got tripped up over how long it would take for $GEGI to enjoy significant revenues.

Not surprisingly - it started with the Website and first press release back in June with respect to the announced Guayaco project - where it seems to add to this confusion. Check this out :




Clearly- at that time- I recall shareholders bringing up this whole 7 year to substantial revenues. They completely disregarded the words 2 tons currently. Currently.

We now see the correction last week :




It is my opinion, that the company is attempting to shed some light on its operations and correct any notions that they already aren't gold producing. And thus- revenue producing.

What that means is- this company goes from a shell- to a reverse merger into a Gold Producing company named Cacique Mining - with a CEO who has most recently negeotiated the sale of Frontino Mines and has run Mineros SA and Minera. This is a huge development. The stock moves from developmental To REVENUE producing and especially enticing as it's in the Colombian Gold Mining field. That's a USAID sponsored region.

Now - this weekend - we start getting all of the necessary financials issues by $GEGI - which clearly indicate they own Cacique Mining and Green Mines M & S. Mining and solutions. Could be M &A too.

The CFO said that after the financials comes the attorney peter to go Current and that would be downloaded with the financials too. So the next few SESSIONS should get very interesting for $GEGI

[surfstocks]

2000 tons a day of gold production on that one mine by Dec 2017.

Just that alone should put the pps to the .02/.03 range...not from a valuation standpoint but from a penny stock euphoria standpoint...and if some groups jump on this as well could pop higher...relatively small float for a subbie!!!