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Bullboard - Stock Discussion Forum Geologix Explorations Inc GIXEF

GREY:GIXEF - Post Discussion

Geologix Explorations Inc > Catalyst Copper exploding higher, Geologix to follow
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Post by ataguld on Jul 22, 2014 9:49am

Catalyst Copper exploding higher, Geologix to follow

Catalyst Copper is up 33% today already, almost no shares for sale, ask 100% higher than the bid. I expect people will soon wake up and start buying Geologix as well, Tepal is more profitable and only 5 km from Catalyst. I bet Guistra, Warke, Telfer and Angus has their eyes on Geologix right now, but since there will not be any private placement down here they will have to buy through the open market, good luck with that
Comment by whitemagj on Jul 22, 2014 9:56am
This post has been removed in accordance with Community Policy
Comment by hammer161 on Jul 22, 2014 8:40pm
Catalyst's project La Verde is an 1 1/2 hour drive from Tepal. Both are badly affected by poor security with the militant and extremely violent Knights Templar cartel which is the La Verde area and impacts the access corridor for Tepal. Aside from that much of La Verde's resources will never make it to a reserve status as they are too deep and too low grade. You are correct that Tepal will ...more  
Comment by hammer161 on Jul 22, 2014 8:46pm
Also not sure why it moved so much on 171,000 shares especially as the company jut got bent over the desk for $1.4M. That was 200% dilution for that $1.4m folks.
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