Geologix Explorations Inc GIXEF

Should be at 10 cents in near term

[peterot]

GIX will be at 10 cents in the near term. If copper begins to show strength we will be in the 15 to 20 cent range. I am surprised we are trading such high volume at these low prices. I thought 2.5 million shares traded over the last few days would have put us up in the 6 to 8 cent range.

[joe]

Hey peterot Perhaps management is selling some of the 2,450,000 options they gave themselves in Jan. 2016..................You know the ones at .02.......yes you read that right 2 freakin cents.

[peterot]

I can guarantee they are not. Not sure why you are complaining. There was plenty of opportunity for to pick up shares at 0.015 and 0.02 cents. I bought 1.5 million at 2 cents (50,000 at 0.015). Management has done there part to keep this ship afloat without major dilution.

[Silverfreaky]

Do you have all money in Geologix?Isn't it very risky? I have 450K pieces from Geologix.In total i have 10 PM-Stocks. 85% from that in Lake shore gold,Sandspring Resources,Geologix,Pretium Resources. The amount in this direction. The Rest in 6 companies.Only little money.

[peterot]

I own large positions in this and v.fmg those are my two largest high risk plays. I own a bunch of other stuff on a smaller scale.

[joe]

Geez.........these guys just (March 6th) re-priced another couple million options for themselves from .14 down to .05. At least their taking care of themselves. I imagine after todays drop they'll re-price them again to a penny next week.