Mention of Geologix Then there is Geologix Explorations Inc. (GIX:TSX; GIXEF:OTCQX). Its gold-copper project, Tepal, is located in Michoacán state. The gold equivalent, when you add in the copper, is about 4 Moz now, and there may be closer to 2 Moz gold and 1 billion pounds copper. The company is trading for nothing. I worry a little bit about sustainability, but it has a great deposit.
TGR: Will stories like Geologix get a bump now that copper demand is ticking up?
MB: On the whole, I do not think people realize Geologix has 800 million pounds or more of copper. That story needs to get out.
No company gets a bump unless it has good investor relations. One of our 10 factors for the Discovery Scoreboard is how a company presents itself to the market. Does the company explain its optionality? I think a lot depends upon on how active a company is and how good it is at dealing with the market.
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