It surprises me how the cost of gelding varies so greatly around the country.
But, there is a HUGE percentage of mini owners who will not geld, even if it's cheap
I almost don't even want to "count" how many geldings I have... Counting minis, a pony and my riding horse, I think it's 8 and one to-be. One is going to a new home this fall, though.
They are my favorite horses and the most fun to have around... but I think there's some redneck pride out there keeping some from gelding, and the illusion that money can be made because the horse is physically able to produce foals (without regard to actual quality).