GPN greater pacific gold limited

capital gain on disposal of shares, page-17

  1. 1,263 Posts.
    Yellowman, in the event that GPN do have another go at a spin off, they should do all seperately. The vanadium and uranium together was always a bad move IMO especially when raising a measely 2.5 Mil. Thats barely enough for each one on there own. They were selling themselves short.

    IMO they should definately follow through with the gold assets. Its been a long hard road to date and to give up now will just be about the final nail in the coffin.

    GPN will never be able to do the get the vanadium off the ground on their own anyway, but an arrangement with a major, which I hope is likely with a resource already in the ground, will put them in a major position to develop their other assets, especially the gold.

    I guess the focus for GPN may natually shift to gabanintha with it being the most advanced of their projects. Stickin a few holes in the ground at Peak Hill wouldnt hurt either. As for the Uranium, redfrog was spot on, they need more prospective ground. No harm in thinking big, but you still have to take small steps. Getting good ground near a potential or current producer with existing infrastructure is a major advantage.....and having said that Ive just described Peak Hill.

    On a side note I wonder how many people here plan to be long term holders. A lot of posters here talk long term but clearly want to sell out very quickly. GPN are gonna need a lot of options to be converted so they can get some cash. Im hoping that those who are bullish in GPN believe their hype and are gonna take a leap of faith. those that do will be rewarded and it is a joint effort. Doing so will put the the company in much much better position, a position to make things happen. I hope that those major shareholders who collectively own 50% or more of the company have deep pockets.

    Anyway good luck, the share are cheap as chips now....

    Patience
 
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