GPR 7.41% 2.9¢ geopacific resources ltd

Ann: Purchase of the First Tranche of Mining Equipment, page-15

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  1. 2,457 Posts.
    lightbulb Created with Sketch. 1367
    "tell him he's dreaming" .... If the Sprott finance deal is similar to RED5's recent deal then another CR will further massively dilute current SH's and the only winners are those who buy big when the SP is low ... for them a doubling in short time is fantastic. The brokers who arrange these CR deals, whose long term very optimistic research valuations have seduced long term SH's, are richly rewarded but "understand how long SH feel" ....BUT they are sharks and they have to keep moving on .... nature of the beast.
    Meanwhile no fears of redundancies among senior staff and BOD, nor any suggestion of pay cuts ... the remuneration reports are LOL.
    Long before the Feds came up with "job keeper" it haas existed in the mining industry .... it only ends when all SH funds are exhausted.
    If any offer for 60c comes along I'll be very surprised but very happy to rip his arm off accepting the offer. The alternative appears to be the shares spending a long time in the proverbial bottom drawer. With liquidity so very low, who knows how low this will go before June 30.
    Last edited by MIStragic: 31/03/21
 
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2.9¢
Change
0.002(7.41%)
Mkt cap ! $34.30M
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2.9¢ 2.9¢ 2.5¢ $62.81K 2.308M

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No. Vol. Price($)
1 300000 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 101431 2
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