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Geologix Explorations Inc GIXEF

Metals & Mining Industrial Metals & Minerals


GREY:GIXEF - Post by User

Geologix Explorations Inc > The most undervalued gold stock I have ever seen
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Comment by StocksLynxon Jun 05, 2014 2:48pm
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Post# 22634533

RE:RE:RE:The most undervalued gold stock I have ever seen

RE:RE:RE:The most undervalued gold stock I have ever seenThey have one property left, which should be worth $1 million at the end of this year, which would prolong the time to get financing by another year until mid of 2016, so plenty of time to secure an non-dilutive offtake agreement with an effective interest rate of 10...15% which would leave at least $1 per current share. Thats not a bad risk-reward ratio.
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