GPN greater pacific gold limited

capital gain on disposal of shares, page-4

  1. 1,580 Posts.
    I agree with your point, but it should be noted that those who bought in the 1.7 to 2.7 range just before going exbonus, have lost a great deal of value. Theoretically the SP should now be trading at those 2.5ish levels, but they aren't - due to lack of confidence and nervousness about this company. I believe it will shortly return there, but not before a firm statement from the directors, announcing a strategy, and also confirming that the YRR projects will nevertheless be carried out by GPN. I reckon they should sell off the gold assetts, (cause they dont know whether they're arthur or martha with the gold), and rename the company to reflect Vanadium & Uranium production. The loss of gold assetts would not reduce sp, cause they not doing anything anyway. It's all about the vanadium, as a major interested "party" wants to do a deal with GPN to dig the stuff out of the ground. A change of name would then be appropriate, like Yellow Rock Limited.........But can investors find the love and trust to push her back up to 2.7 cents? We'll see......
 
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Currently unlisted public company.

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