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Geologix Explorations Inc GIXEF



GREY:GIXEF - Post by User

Post by 2investorknoton Nov 11, 2014 12:15am
358 Views
Post# 23116100

New financials posted

New financials posted See the Letter to Shareholders and MD& A to see the status of Geologix.  Basically we are in a holding period until such time as the market improves.  In other words we are dead money for an undetermined amount of time.  No significant expenditures are planned for the remainder of 2014.

The only thing that I found that was encouraging was on page 5 of the MD&A where "possible financing plans for 2014 and 2015" were listed -- namely:
  • Strategic Partnership
  • Sale of equity capital through the issuance of shares, warrants and other securities
  • Sale of a royalty or metal streaming assignment
  • Merger with, or acquisition by, a well-financed mining companyit is what it is. 
It is, what it is.  Nothing really new that we already didn't know. 
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