Geologix Explorations Inc GIXEF

GRANDICH CLIENT GEOLOGIX

[PV_fubar]

Despite this release I must still temper my comments.

Let me just say for now in my highly prejudice position ( I own 5.3 million shares), the keys in this release are:

• “…its preparations for arranging the financing required to commence operations at the Company’s Tepal Project in Mexico. …”
• …Geologix’s best assets when arranging project financing from these non-bank sources, and we intend to leverage both accordingly….”
• “…we believe that leveraging both the quality of our base metals concentrate and our meaningful precious metals production potential provides our Company with a route towards not only financing Tepal’s construction and funding further development costs, but also minimizing share dilution.”
• “Due to the high technical quality of Tepal’s work to date, we are currently in advanced negotiations to pursue this objective...”

I hope I can say more in the coming days.