GREY:GIXEF - Post by User
Comment by
joeon Jun 29, 2012 2:28pm
445 Views
Post# 20069752
RE: RE: RE: RE: RE: RE: RE: RE: Geologix to Carry
RE: RE: RE: RE: RE: RE: RE: RE: Geologix to Carry Todays trading should drill it home to everyone why doing a financing at this pathetic low is pointless and these guys should know better. Didn't they learn anything from losing the San Agustin project back in 2008/09.
Here you have the POG up over $50 and we are down again...........with help from the last news release. Siit tight and keep the property in good standing until some normalcy returns to the juniors and then do your financing.
What's the point of drilling the property when we are obviously still in a market where good news is not rewarded and slighly bad news will be severly punished??
I've always liked management but this is a bad move and not well thought out. It is simply set up to help Flanders average down so he'll only have to pump it to .28-.30 next time to get his money back.