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Friday, December 2, 2022

General European Strategic Investments (OTCMKTS: GESI) Making Grounds Following Significant Declines (a look at Laakso PGE-Nickel-Copper Project)

General European Strategic Investments (OTCMKTS: GESI) started trading in late April at $5 per share and it has been a volatile ride since then, dropping to as low as $0.84 in early April the stock has been rising steadily recently surpassing $4 per share. Currently trading at a $1.2 billion market valuation GESI is not SEC reporting and has no assets besides the lasko project which the Company values at $32.4 million on their balance sheet. They also carry $7.9 million in liabilities on the books. There is a powerful stock promoter behind GESI that has carried it thus far and may continue to push it higher however the bottom will fall out and when it happens it will happen very fast. While the Company has 340 million shares out, only 37 million of them are free trading which is tightly held.  

Earlier this year GESI acquired a 49%-interest in ColdPro LTD. (ColdPro), a private UK company specializing in waste management in the UK for total consideration of £5 million. ColdPro is a licensed UK-based integrated waste management business, and one of only six regulated approved authorized treatment facilities in the UK. The 49%-interest is being acquired from United General LTD, which will retain a 51%-interest in ColdPro. The consideration will be comprised of a US$500,000 payable in cash with the balance satisfied through the issuance of 7,500,000 restricted common shares of GESI or through cash, at GESI’s election. The initial cash payment is due within six-months of the signing. 

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General European Strategic Investments (OTCMKTS: GESI) is a US OTC listed company holding significant interests in Tier-1 and district-scale projects, located in Europe. The portfolio of GESI includes: Gemerska Poloma – Arbitration Case, Laakso PGE-Nickel-Copper Project, ColdPro LTD and the Transcarpathian Gold Project. 

Gemerska Poloma: Through its corporate association with EuroGas Inc., GESI owns an 80%-interest in a potentially large Arbitration Award resulting from the International Arbitration proceedings of EuroGas Inc., a Salt Lake City, Utah based US public company, against the Slovak Republic, a Full Member of the European Union.  

Laakso PGE-Nickel-Copper Project: Located in central Finland, the Laakso Platinum Group Element (“PGE”)-Nickel-Copper Project is 100%-owned by GESi’s wholly-owned Swiss subsidiary, ZB Capital AG. GESI is the largest reservation holder in Finland’s prolific Luusamo Mining District. READ = 

ColdPro LTD: GESI owns a 49%-interest in ColdPro LTD. (ColdPro), a private UK company specializing in waste management in the UK. ColdPro is a licensed UK-based integrated waste management business, and one of only six regulated approved authorized treatment facilities in the UK. 

Transcarpathian Gold Project: The Transcarpathian region of Western Ukraine is part of one of the most important Gold Belts in Eastern Europe. The region contains around 20 gold prospects, containing an estimated 30 million ounces of gold. The Transcarpathian Region has been unexplored with limited exploration using modern techniques applied to the area.

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GESI

GESI came to be on September 24, 2020, after the Company merged with and into ZB. ZB was the surviving corporation in the Reverse Merger and became the Company’s wholly owned subsidiary. The assets and liabilities and the operations that are reflected in the historical financial statements prior to the Merger are those of ZB and are recorded at the historical cost basis of ZB and the consolidated financial statements after completion of the Merger include the assets and liabilities of ZB and GESI and the historical operations of GESI and ZB from the closing date of the Merger.  As a result of the Reverse Merger, GESI discontinued its pre-Reverse Merger business and acquired the business of ZB and will continue the existing business operations of ZB as a publicly-traded company. 

The Company is jumping on the bandwagon and starting a crypto! the Company’s Wyoming USA subsidiary, GESI Holdings LLC, has officially launched the World’s first Arbitration Membership Token. The GESI token initiative will support arbitration proceedings to be filed imminently by Eurogas Inc. (1) at the World Bank’s ICSID in Washington D.C. against the Slovak Republic for up to $US13 Billion – GESI tokens will represent fractional ownership of up to 80% of the potential award. With more than 10,000 coins and tokens in the crypto industry as of 2022, the market is continuously flooded with new entrants. Out of these thousands of crypto projects, only a small portion is backed by actual utility which may work in some cases. 

In January the SEEMS DEEP Research Group was awarded a c. €2 Million ERA-Min Grant to be spent at GESI’s 100%-owned Laakso PGE-Nickel-Copper Project, located in North-Central Finland. The funds are to be used to investigate a deep and very large gravity and magnetic anomaly, which could reflect the location of a dyke or layered intrusion that potentially acted as a feeder zone for PGE-Cu-Ni mineralization in the Koillismaa-Näränkävaara Intrusive Complex. 

The SEEMS DEEP ERA-MIN Project commenced on May 3, 2022. GESI participates in the SEEMS DEEP Project through its wholly owned Finnish subsidiary Laakso Minerals Oy “Laakso”. GESI’s Korpuajärvi Reservation Permit will be used as a test area of SEEMS DEEP Project. The SEEMS DEEP Project is a part of the ERA-MIN3, a global innovative pan-European network of 24 European and non-European research funding organizations, aiming to strengthen the mineral raw materials community through the coordination of research and innovation programs. 

The Project has been selected for financing by the referees after a strong competition of 146 pre-proposals for its scientific excellence, impact and implementation. The total budget of the Project is € 2,182,518. The SEEMS DEEP Consortium is implementing the innovative scientific-research methods, approaches and ideas in discovering of the deep-seated ore deposits within Laakso’s reservation permit through the development of a novel workflow, integrating seismic and electromagnetic methods. 

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Currently trading at a $1.2 billion market valuation GESI started trading in late April at $5 per share and it has been a volatile ride since then, dropping to as low as $0.84 in early April the stock has been rising steadily recently surpassing $4 per share. As we stated earlier GESI has a powerful promoter behind it how may continue to push it much higher, but the bottom will drop out, GESI is not SEC reporting and cannot maintain this valuation. The steady ride up every day on plenty of liquidity is nice but be careful when the bottom drops out, it will happen very fast. We will be updating on GESI when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with GESI.

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Disclosure: we hold no position in GESI either long or short and we have not been compensated for this article

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1 COMMENT

  1. Wow! I wish I would have seen this article. I got caught in the scam and it costs me bigly. I will always check this site before I make such a move. Lesson learned.

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