Geologix Explorations Inc GIXEF

Sure, what's another 1.2 millions cheap options b/w friends?

[eljoro]

Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Price May 29/14 May 29/14 Candiani, Mauricio Enrique Direct Ownership Options 50 - Grant of options 350,000 $0.060 May 29/14 May 29/14 Craig, Dunham Lewis Direct Ownership Options 50 - Grant of options 500,000 $0.060 May 29/14 May 29/14 Abbott, Evelyn Elizabeth Direct Ownership Options 50 - Grant of options 450,000 $0.060

[SPACEDOC]

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[ramblersrest]

Thieves ? Maybe a payment system for a company with no income cash flow from an ongoing business . A retailer could get them cheaper today . Got some at .06 yesterday .. Looking for better days ahead ...

[eljoro]

Rambler...I'm actually trying to get that very answer: Are these options being issued in lieu of salary as a means to preserve cash? If yes, I have no real problem. Have asked Dunham this but have not yet received an answer via email.

[StocksLynx]

I think the usage of options with a strike price being 10% or 20% above share price indicates their confidence that the share price will sonner rather than later raise significantly above $0.06. There is no debt, so nobody can force anything. As soon as investors get the confidence that Gold will sustain above $1400 and copper above $340/lb we finally get the non-dilutive financing with effective