Geologix Explorations Inc GIXEF

NEWS: PFS Released

[eljoro]

https://www.stockhouse.com/news/canadianreleasesdetail.aspx?n=8768393

[2investorknot]

Yes! Also note that Geologix will hold a conference call today, March 19, 2013 at 10 am Eastern Time (7 am Pacific Time) to discuss the results of this Prefeasibility Study. To access this conference call, please dial: International: 416-340-2218  Toll Free North America: 866-226-1793

[kkkrrrr]

very strong PFS... i'am very suprised... the SP should rise significantly .... a lot of contracts are in place at good prises makes tge Capex handable..thats fantastic news ..>

[rk67]

And the corporate presentation has been updated for "March" :-) https://www.geologix.ca/i/pdf/presentation.pdf Cheers, -RK

[2investorknot]

Agree kkkrrr - all of the numbers look good (payback period is lower, IRR higher etc.) and costs have not significantly gone up like in other juniors of mine.  I particularly love this part -- Fortunately, the Company utilized this delay to acquire vendor, contractor, and supplier quotations for all major equipment, construction costs, and supplies required by the Project. The benefit of

[kkkrrrr]

this SP is an absoltely joke... the PFS is very strong and if they are able secure financing this will be a tenbagger

[kkkrrrr]

only 9 months from now Final Feasibility anf Financing will be done ....  Construction Q1 2014  ;)

[2investorknot]

Yes, so you can figure out where we are in the cycle and where we are headed!  See chart below  

[Earlyone_1]

GIX up almost 7 % today on PFS news :)

[PV_fubar]

No surprise that the market didn't show us any love ....... so just move forward ...get the permits/financing in place and build the mine!

[GNteam]

Frankly, this is getting to be a bad joke. Not sure what else the company can do but keep their head down and keep grinding away. I guess we are stuck for the long haul. GLTA

[eljoro]

The one thing insiders could do would be to buy more shares on the open market, something they have NOT done much of since the last financing. Insiders currently own 5% of the company, which is not ridiculously low, but neither does it suggest they feel there is any short-medium term upside. Some new insider purchasing could change that viewpoint.   Just my thoughts. I'm disappointed, but

[joe]

"waiting for an update from PG"  I suggest someone here let him know that GIX has news out today. I mean how else would he know?    On a side note absolutley no surprise by todays reaction to the PFS news, it's one sad market.   Good luck everyone!

[eljoro]

https://www.grandich.com/2013/03/grandich-client-geologix-explorations-20/

[Earlyone_1]

Perhaps Insiders were in a blackout period ??

[Earlyone_1]

Grandich is irrelevant....... I'm surprised he never mentioned the horses that he owns in his write up of GIX :)