Geologix Explorations Inc GIXEF

Something up?

[crisco1]

Nice little spike all of a sudden.

[romcha]

Was just thinking the same thing.

[eljoro]

I think something's been up for awhile. About a month ago I emailed the company asking about the lack of insider buying and they told me they were working on a potential deal and their lawyers had advised them not to trade the stock while negotiations were occuring.   Then about a week or so ago the huge wall of asks started thinning out, and big bids started appearing just below the

[adit123]

Something definitely could be happening...   Such as...?? JV partner?

[eljoro]

Well, they said they don't want to dilute further, especially at such a historically low share price (plus raising money in this environment would at best difficult). A JV with a major might make sense..   We shall see, but usually where there's smoke there's fire.   Any other thoughts on recent trading patterns? El Joro.