GREY:GIXEF - Post by User
Comment by
eljoroon Apr 13, 2016 11:41am
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Post# 24761679
RE:RE:Actually GIX has more than tripled from its low@1.5 cent EOM
RE:RE:Actually GIX has more than tripled from its low@1.5 cent EOMHard to explain the recent price rice from .02 to .055, with little current resistance up to .08
Can't be because of the price of metals because a) gold has flirted with $1200 before and GIX didn't repond in kind and b) copper hasn't gone up like gold has recently
One could argue that .02 was an unfair price but I wonder if there is a JV in the works. Just speculation on my part. But it's been interesting to watch. I'm still not buying any more GIX shares until I see insiders buy. This is still a pure lottery ticket for me, albeit one that is up almost 3X in the last few months.
Cheers,
El Joro