GPR 4.55% 2.3¢ geopacific resources ltd

Couldn't agree more about take over. Makes sense for someone to...

  1. 106 Posts.
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    Couldn't agree more about take over. Makes sense for someone to come and take it out around 35-40cents.EMR definitely a possible option but I tend to think SBM would be more likely. They know the region, obviously know Tim and they probably have a better balance sheet at this point in time to execute. I wouldn't be surprised to see the company push on with exploration as if it comes to a takeover, obviously the more ounces in a reserve the larger the takeover. I recall seeing a Petra note back 2018 when they first started covering it they talked about a possible 5moz deposit.. I'm not sure if that's the case but I do believe there seems to be enough target and extensional drilling for 2m to 3m
 
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