GREY:GIXEF - Post by User
Comment by
edmedon Dec 07, 2014 7:00pm
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Post# 23204570
RE:RE:The selling has stopped?
RE:RE:The selling has stopped?
in my opinion the opportunity to make a deal was 18 months ago.
now there is nothing left to do exept hunker down in our foxhole and conserve money
I do not think we have yet seen total capitulation in the metals
it has been death by a thousand cuts in the junior markets
but capitulation has not come
we may see it and I hope we do in the first half of 2015
stocks like GIX can't be hurt much more, than they already have .....short of going into bankrupcy
that is why I agree with managment to conserve money and hibernate for the next 6-9 months and wait for capitulation to occur
only then can management hope to get any kind of deal after the dust settles.
still own this as well as a handfull of other juniors....all down as well.
but sitting on my cash and waiting for gold and metals to bottom , US dollar to spike and
a better future for GIX.
JMHO
don't mean to bash......just don't see how any deal can get done in this present environment.