The GPH prospectus looked promising especially up against Gold...

The GPH prospectus looked promising especially up against Gold Road (GOR). GOR was way over promoted, and it showed - especially now that the share price has tanked to what should be considered as a reasonable price for them now.

But its the reverse for GPH. No big sales pitch or motherhood statements about how big this thing is. In fact, very understated. They just seem to want to get on with it as best they can. Which means if they can get some more results like the previous hole, the share price will move on its own - no over-promotion required!!!

GPH shares suffered because the market sagged, June 30 came around (and we all know what happens then), and finally some of the cheap stock came out. I'm guessing that must be nearly done by now.

GPH has everything stacked in its favour:

- Low shares on issue -not mention a low share price;
- Capable geo and the rest of board look reasonable also;
- A solid exploration strategy (Lake Wells results showing the plan is working);
- Low market cap - plenty of upside potential. If this thing hits a buck, its only worth $26m!! how many companies are worth more than that with nothing to show for it? Plenty.

Yes its a greenfields play - ie, risks abound - but that's where the best profits are to be made.



DYOR.

Where there's smoke, there's fire!