GREY:GIXEF - Post by User
Comment by
joeon May 16, 2012 2:00am
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Post# 19914010
RE: RE: stronger bid today..maybe ..
RE: RE: stronger bid today..maybe .. Your bang on Earlyone.
I personally think these guys should just play dead and conserve cash until things pperk up in the juniors. I know that's not what a shareholder wants to hear but it makes sense in this environment.
Look at Canaco today (CAN.V), released decent news and it dropped 66% down to .29 on HUGE volume. Two minutes of due diligence and you'll see they have no debt, and $90M in cash (.46/share) and it's at .29????
Hey maybe GIX should give these guys a call and strike up a JV on Tepal. We have the Gold/Copper and they have the funds.
Been playing these juniors 24 plus years and have never seen this big of a disconnect.