Makattack,
I just relayed details of the conversation I had with Geary to the other posters on this thread. I'm not ramping (or downramping) just trying to provide some info that may prove valuable to other investors so don't shoot the messenger. He said he had some investors (with deep pockets) to take up SOME of the shortfall. At this stage they don't even know what the shortfall is as the offer has yet to expire but I know he has my $18k plus a number of other friends and HC posters who have taken up the offer and some of them have written out cheques larger than mine.
I happen to agree with other posters that the directors should show their hand and announce if they are taking up the offer but we can't make them do it - maybe if they received enough phone calls and emails from concerned sharholders it would motivate them to act.
But don't just take my word from it why don't you ring him yourself - would be interested to hear your report on the conversation.
I'm as nervous as everyone else but I invested in this stock so need to take responsibility for my own actions and I'm not letting my original investment in the oppies disappear especially when the YRR JORC announcement is imminent. I am sure they will receive enough funds from the entitlement offer to keep themselves afloat until something is announced - either on YRR or GPN (or both).
GPN
greater pacific gold limited
