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Geologix Explorations Inc GIXEF



GREY:GIXEF - Post by User

Post by eljoroon May 22, 2014 1:48pm
363 Views
Post# 22588296

Anyone else read this?

Anyone else read this?I missed this: On May 6th Dunham added a note to shareholders to the March 31st/14 MD&A. It mostly talks about the benefits of the recent completion of Tepal's permitting. But near the end, on one sentence, it confirms that "The Company will require a future financing this year to advance the project". Confirms my suspicions re: need for another financing and this could be the reason for the continued short term weakness in the stock since early May. Thoughts? Here's the full link. Scroll down to page 2 for the letter that starts Dear Shareholders: https://www.geologix.ca/i/pdf/2014_March31_MDA.pdf El Joro
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