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Bullboard - Stock Discussion Forum Geologix Explorations Inc GIXEF

GREY:GIXEF - Post Discussion

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Post by 2investorknot on Nov 26, 2014 11:43am

52 week low

Now trading at .035, which I beleive is a 52 wk low

If the price drops to .02 then to .01, will the "favored" investors still stand by management?  What kind of deal can then be made to curry continued support which doesn't completely dilute shares? 

Perhaps management should reconsider their strategy and what they consider to be acceptable financing terms.
Comment by badswede on Nov 28, 2014 8:39am
Well to put you out of doubt, this is 52 week low. As an investor in PM juniors you should be fully aware that what happens here with GIX is nothing unique in the sector. We see almost all companies, not only juniors, in PM that sit in the same boat. This sector can cause severe nerve damage to a nervous investor for sure. The swings are brutal, me for one have absolutely no issues with how ...more  
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