Geologix Explorations Inc GIXEF

Grandich interview with Dunham Craig

[eljoro]

https://www.grandich.com/2013/04/grandich-client-geologix-explorations-21/

 

As always, Dunham comes off as informed and confident.

 

I'd like to see more insider buying at these levels. I won't buy more until management does.

 

Cheers,

El Joro

[PV_fubar]

Thanks for the post.  I listened to the confrence call after the last news release.  I got the same impression about Dunham.  He wants to build a mine!  They also have a couple of very creative board members who can take on the challenges of rasing capital (even in this market)..... this is what they do....and they won't do anything stupid. Permitting will be the next

[Earlyone_1]

Looks like you can get in cheap today.....GIX hitting a new 52 week low. I 'll put in stink bids under .10 cents

[kkkrrrr]

great interview .. let the dummies sell..Tepal will become a mine

[rk67]

Awesome article! One (probably stupid) question:  I've never understood the discount sensitivity on the NPV. The interview says:  "According to the Study’s estimates, Tepal’s NPV, post tax and using a 5% discount, will be $421 million, providing an IRR of 28%. Post tax at a 0% discount, the NPV would be $925 million, providing an IRR of 36%" So, at 0% discount we're at

[rk67]

(Obviously I meant at 5% and 0% -- duh!)

[greenfairways]

This post has been removed in accordance with Community Policy

[greenfairways]

This post has been removed in accordance with Community Policy

[rk67]

Thanks Green!   Cheers, -RK

[kkkrrrr]

i don't understand the SP ... even at lower metal-prices this mine will be very profitable ..below 200$ cash costs for GoldEQ or 0.6$ per pound copperEQ   .. this is a low cost mine and only because its low grade this big discount? Capex is very low too...  i think the market is wrong here!

[macman20]

Nobody believes Capex, and the uncertainty of how the money will be obtained.

[SPACEDOC]

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[comet52]

I know when someone is blowing smoke up my butt.   "The money is there."  Yeah, hurrah.

[adit123]

Yep, right there, just beyond his fingertips...if only he can reach a little farther out without falling off the ledge...