In my discussions with management they are well aware that the SP has to move up before even any talk of possible financing. Remember GIX is in discussions and has SIGNED confidentiality agreements with very interested parties who may be looking to partner with GIX in building the mine or making an outright offer to buyout the company. Remember, VERY FEW juniors ever reach the mining stage even though their share price over a period of time could reach high levels. GIX is proving up a world class mine already with 4 1/2 million measured and indicated ounces of gold open in many directions along with targeted new areas to continue to increase significantly their impressive resource which will be mined very economically.
Their immediate goal is to produce 200,000 ounces of gols a year with a present mine life of 20 years. Within a year these goals could be raised even higher. By 2014 GIX expects to be in production. The management team which has close ties with GoldCorp and Silver Wheaten have an incredible reputation of bringing such projects to fruition. As John Kaiser and others have been saying of very late that they expect money to start pouring into the Junior exploration companies. GIX is in the best position to take advantage of serious investment money.
With the pre bank feasibility coming up and GIX's march towards opening a mine drawing closer and knowing that interested parties have signed confidentiality agreements already signed with GIX. I prefer to remain parked with my shares and BUY MORE on any weakness. With almost a HALF BILLION NPV based on very low gold and copper prices which will grow significantly in the near future, the real value NOW of each of my shares is between $2.50 and $3.50. (If you look at Kaiser's charts the range goes much higher)
I am confident our day will come probably suprising those sitting on the fence. That is My Humble Opinion. GLTA