GREY:GIXEF - Post by User
Comment by
2investorknoton Oct 23, 2014 3:48pm
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Post# 23055804
RE:Anything?!
RE:Anything?!To sum it up for GIX - nada has been happening.
They are still waiting for a great or at least "acceptable" financing package that will allow them to complete the BFS. Even if, or when that happens, you are looking at a minimum of 4-5 months to complete that milestone. So think 2015.
They have a couple of other non-core properties that they could sell (see company's website). The last one was to Argonaut in May. Prior to that, they picked up some cash for their Montezuma claims in February.
The waiting game will continue for quite some time considering the market. At least management is continuing to draw their salaries!