GPN greater pacific gold limited

more to the total picture, page-15

  1. 2,988 Posts.
    Wow - just looked at GPN SP after a few months - impressive drop from the peak of 6c - I guess Mojo and others dumped them at 5-6c and have reloaded at 1.5c for the next wave of ramping. If it wasn't for the company management that make the AEX and RRS boards look good it would almost be worth a punt.

    The 2 billion shares and options on issue is a bit scary though.

    I suggest looking at STU - about two and a half times the fully diluted market cap ($70m) but with over $300m worth of oil in the ground (and increasing rapidly), annual income of about $50m at the moment (and increasing steadily) and a number of great projects already on the way to production within 12 months - why would you look at GPN in comparison.

    Also look at BLR with an 80 million pound U resource in the US with a nearby mill and still only three times the fully diluted MC of GPN.

    Looks like GPN is being left behind as they continue to do little and continually fail to add value for shareholders.

    BLR looks like the bargain of the year at the moment - will hit $2 in the next U-rush and well on track to actually be the next PDN.

 
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Currently unlisted public company.

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