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Bullboard - Stock Discussion Forum GEOLOGIX EXPLORATIONS INC V.GIX

"Geologix Explorations Inc is a Canada based mineral exploration company. It is focused on acquiring, exploring and developing exploration and evaluation assets in North and South America."

TSXV:GIX - Post Discussion

GEOLOGIX EXPLORATIONS INC > Twofold optionality play for Copper/Gold
View:
Post by StocksLynx on Jan 31, 2018 5:19pm

Twofold optionality play for Copper/Gold

As most people only look to Gold.
This is a twofold optionality play for Copper and/or Gold with huge upside potential and limited downside risk. Frank Holmes recently said: I think Copper goes to 5 dollars. […] The upside of Copper is a positive surprise. https://youtu.be/ON5xnK2Rxho?t=397
Happy waiting for either Copper or Gold to rise in the near future... I think we have at least a 50% chance to see our NPV rise to $800 M and a 80% chance to stay at least above $400 M long enough to get financed or bought.
Comment by joe on Feb 01, 2018 1:05am
After a multi-year hiatus due to prevailing low metals prices, the Company recently reinitiated field work following the completion of a $1.2M oversubscribed financing ..................That was back in AUGUST!!! These guys are brutal. You've got nothing for shareholders in over 5 months now.....5 months. Looks a lot like we are right back in that "multi year hiatus" mode ...more  
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