options, page-9

my point wasnt to defend GPN but rather have a look how such companies have fared themselves....

I never kept track of RSG and as far as JRL goes 40% isnt %70.....but I see your point.

EME is pretty muched fully priced really. They have about 1000T more proven U than GPN has currently but at 3 times the grade. They are a good play for a TO by Paladin as VUL was, possible TO by Denison too which also has a large holding. JRL is under the radar a bit, but hey, I put all my GPN before I heard about this one :) BTW i thought JRL had more cash than that but anyway Im here about GPN.

For each stock like JRL especially U stocks which appear undervalued there are equally as many that are WAY overvalued.....

.....JRL has pretty much only U going for

.....GPN has a irons in the fire

if you have any other spin off examples with a % being retained Id like to see...