Geologix Explorations Inc GIXEF

Money.....

[Earlyone_1]

How much does GIX have..... Will they have to do a financing any time soon ? They have diluted in the past and more than likely will have to again. Financings will get harder to do with these juniors and some may not survive....... Money is just not flowing into these projects.

https://www.kitco.com/KitcoNewsVideo/index.html?v=12-11-16_Brent_Cook_1

[joe]

You got it Earlyone.  I can't believe these guys didn't learn from the huge debacle of the San Agustin Project back in 2008-09. They couldn't raise a dime in that market and ended up losing a great project that was a better project than Tepal IMHO.This market isn't much better, some may argue it's worse right now so what the heck are they thinking.  Like I've

[hammer161]

Joe - nobody could raise money in  that  market, and the plunge in share price meant that in order to move the San Agustin project forward and complete the option agreement GIX would have had to go for 600% dilution IF it managed to raise the money.  

[HAVU]

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