GPR geopacific resources ltd

The sad part is, I held this stock when there was real avenues...

  1. 103 Posts.
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    The sad part is, I held this stock when there was real avenues of funding the project and getting it off the ground, however management did not want that they preferred not to change the status quo. I hadn’t been on here in a long time, I now remember why, thank you for reminding me. There seems to be too many of these “real investors” on here. All hopefully and gambling on penny stocks thinking they are going to hit the jackpot and retire off the back of a 20k investment, it’s laughable.

    Long term proper strategies is what I’ve found to be the most effective, also US stocks is my main focus now. Have a look at the TQQQ stock price. Max it out to all time, I’ve been putting in to it for some time and most my portfolio value was made off the back of less than 300k invested in a long time ago.

    rethink your strategy, coming on here and attacking others for posting their experience shows me you are not cut out to be successful here, keep an open mind and you’ll find strategies that work a lot better than just taking a punt on a penny stock like this!

    A simple analysis will show you they have a tonne of moneys coming due by way of bonds they’ve issued which is almost double their cash on hand. Now they continue to delay the bonds and they can’t afford them. Of those companies call in the debt this company will be wound up and assets seized. There is significant risk and the only way they are currently staying afloat is by way of issues a tonne of shares and diluting the shareholders to oblivion, this has now entered a death spiral, the changes it won’t make it is very very high. Anyway good luck
    Last edited by Intheknow1234: 02/11/24
 
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2.3¢
Change
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Mkt cap ! $73.19M
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6 1072681 2.2¢
 

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2.3¢ 345 2
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Last trade - 16.14pm 19/06/2025 (20 minute delay) ?
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