Replies to post #1400 on Gemini Exploration (fka GMXS)

[OG_Money]

the one big difference between mines south america versus mines in north ameraica is cost of extraction. it's alot less down there so even though they find alot of gold is it feasable to mine it out what type of rock is the gold mixed with? and so forth that's why i like both TAOL & GXPI
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OG

[Joe Kernan]

Yeah, thanks. I do know Goldspring. I like it alot and will likely invest in it in the future. I am watching to see how the dollar inflation affects gold producers in the US, I am afraid the energy costs will be too excessive if the gold value doesn't keep pace. Right now I like Colombia a lot because its in a transformatory stage, because of its history the stock prices in Colombia are lower than they are worth, so there is a greater profit margin to be had. I think Colombia is turning the corner, and the market there is going to accelerate thsi year, so I have more resources in the gold market in Colombia for the time being.

[RandyKCMO]

lerx, one thing you might want to keep in mind is that GSPG has 3.02 Billion shares outstanding....that comes out to about 44 times more than GPXI.

So comparatively, for the same percent of equity, you'd have to be 44 times as much. Or on a share basis $3.52 per share of GXPI.

Not being overly critical here...just don't think too highly of companies with billions of shares outstanding...at least not until they have hundreds of millions of dollars in revenue.

Randy