Replies to post #29712 on Genesis Electronics Group Inc (GEGI)

[Almost A Myth]

Something else to consider in that first release is the entire last sentence, and more specifically "taking into account only the Guayuco vein".

At that point there was no mention of the already existing Green M&S mines, and the two new leases weren't yet obtained. IMO that was an extremely conservative estimate of the output time frame to get the mine to a medium sized mine, and was narrowly focused on the one vein in the one mine.

From a perspective standpoint, 6000 grams per month is still considered a very small mine. Look at the yearly tons produced in these top 10 gold producing mines: http://www.usfunds.com/investor-library/frank-talk/here-are-the-worlds-top-10-gold-producing-mines/#.WZlWmriPG6I

[DD_dempsey]

We will get this post stickied


It's clear $GEGI needs to be re examined. I had to read through my own DD again just to remember some of the finer points of Cacique and Green Mine M & A - now that it's clear $GEGI owns them both as well as all of their projects. And since green mine is Private - who knows just how many millions the subsidiary has produced this year and projected ?
Green Mine -has Naisbitt and Schile associated directly. And Panama - uncovered by DD online in the Panama papers release. Gave me that knowledge and I traced the legal entity to naisbitt. And then Kate. It was awesome. And now- it came true.

[Smokemonster]

Excellent post as usual. Should be a fun week!