With 18+km of continuous surface copper results and numerous first pass drilling results like 20m or more at 3% plus from surface i'm not really so surprised.
Systematically drilling in any market it to reveal economic potential is essential given the huge upside if it comes in. This could be a 10 to 20 bagger in short order if it hangs together.
It is fantastic that RCF (a strategic industry investor), have chosen the company from hundreds of others and have placed their initial bet with $3m cash in this market. Few could say the same. It's only fair the existing shareholders be afforded the same opportunity for an equal amount.
Whilst nobody likes the current mkt price, there's little point laying low like many of ASX's cowards. GPR is onto something pretty exciting and isn't going to hang around waiting.
GPR Price at posting:
4.8¢ Sentiment: Buy Disclosure: Held
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