Accurate thoughts on where GPN is situated right now Redfrog - you have followed this company, as I have. I also see this Co as a 3-fold asset entity: Ie: Vanadium, Gold & Uranium (in order of relevance as I see it). I am anticipating a result announcement very soon, of the airborne survey interpretation, done in Feb 06. I do not believe there is to much Uranium on their tenements, but worhty of further exploration. I believe there is an excellent chance of big gold finds, but will they ever drill?? If soon - great. They seem to find it harder to find a rig than to run a company - bit of a joke really. Anyway - I do think the Vanadium deposit resource should be HUGE, and is to be announced shortly - with the airborne survey results. The thing to consider is: Airborne Surveys are Frkkn expensive. Who paid for it? Who is this other "party" that has been referred to quietly in previous announcements? RIO? BHP? I feel it could be someone as big as that, because these guys are after Vanadium big time, and if a junior explorer has anough of it - these companies have the reputation of covering all costs such as these, and IPO SPin off costs, such as the YRR spin off which didn't come off because of the offshore funds not being pledged by the broker apparently, whoever these guys are?? In a nutshell - it's all about the vanadium at this stage. Not Uranium. Just as well as we cant dig it up anyway. If they dig for gold and find some - half their British luck - And sell it off to neighbouring GLN - don't frtass around with it themselves. But the Vanadium will be the pivot to potentially make GPN as big as CDU, just watch.
GPN
greater pacific gold limited
capital gain on disposal of shares, page-6
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