Yes Redfrog, the directors will most certainly have a LOT of explaining to do, particularly if they dont come up with some value-adding & materialising this week coming. Not just fast talk - action. They will be keen to up the SP substanctially so holders will exercise their options. At this rate, no one will exercise them. I believe the SP would need to be 3.5 cents, before shareholders will exercise them. The least the directors can do to minimise losses incurred to shareholders is keep the exercise price at 2.17 cents. Thats if they want the cash. If the value goes back up as a result of the YRR float withdrawal - the b*tchfight starts! Goodluck this week. I say without any announcements the SP could trade at 1.7, provided no anxious sellers want their cash. Dont appear to be too many sellers- good sign! They need to drill for gold, establish a JORC compliant resource, and sell to a neighbour with a plant - like GLN. Know anyone with a rig? Let them know if so. Or let's get aworking bee together. Ha ha!
GPN
greater pacific gold limited
capital gain on disposal of shares, page-8
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