GREY:GIXEF - Post by User
Post by
PV_fubaron Oct 23, 2013 11:41am
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Post# 21841081
GRANDICH CLIENT GEOLOGIX
GRANDICH CLIENT GEOLOGIX Despite this release I must still temper my comments.
Let me just say for now in my highly prejudice position ( I own 5.3 million shares), the keys in this release are:
- “…its preparations for arranging the financing required to commence operations at the Company’s Tepal Project in Mexico. …”
- …Geologix’s best assets when arranging project financing from these non-bank sources, and we intend to leverage both accordingly….”
- “…we believe that leveraging both the quality of our base metals concentrate and our meaningful precious metals production potential provides our Company with a route towards not only financing Tepal’s construction and funding further development costs, but also minimizing share dilution.”
- “Due to the high technical quality of Tepal’s work to date, we are currently in advanced negotiations to pursue this objective...”
I hope I can say more in the coming days.