RE:PG and his sharesPG does not say how many shares he owns in this piece ....But does mention his average cost.
And finally let me briefly comment on a former client of mine (that I resigned from in disgust) that I still hold a very large position in. Geologix Explorations and especially its man in charge, is an example of why I’ve chosen to greatly reduce the work I do in the junior resource market and eventually my investment dollars. In an industry where management plays a critical role and can literally make or break a company, in my opinion GIX has suffered badly by decision made (and not made) by one man.
When I look at someone like Mark Morabito, who has demonstrated over and over again a rare ability to not only have superior management skills but actually demonstrate to me a true concern for the shareholders, I only regret we can’t clone him as sadly GIX is not the only company who desperately needs a man like him at the top.
I like other GIX shareholders, are likely to recapture a portion of our investment either from a merger or gains in other plays and offset those gains by taking our lumps and moving on. My cost in GIX is $.22 and I will consider it a mini-miracle to see that again and run, not walk from it if I do.
https://www.grandich.com/disclosure.html