GREY:GIXEF - Post by User
Comment by
2investorknoton Apr 20, 2013 2:47am
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Post# 21280146
RE: From PG,s website
RE: From PG,s website Well you can't say you lack a bit of bravado.
I do love the Tepal project and the recent prefeasibility study but unfortunately the name of the game right now is to access capital in these markets. Yes, cash is king as they say, and without it Geologix will eventually join the rest of the juniors in the bargain basement. Even when the prefeasibility was reported, the market greeted it with doubt as to future financing.
I'm not selling but not buying anymore either until Geologix's financing is assured. The last pp was at .20 cents right? With the current sp at .105 cents, what sort of dilution (or delusion if you prefer) are you considering?
p.s. "Constantly evaluatinig potential projects" -- you have got to be kidding. If you were Capstone with $400++ million in the bank then you could entertain such thoughts.