accumulation for YRR distribution at the moment. But...

accumulation for YRR distribution at the moment. But hmmmmmm.....Is that why their is interest?

PMA managing director collected $5,000,000 from selldown of his PMA scrip...that sort of money can buy an awful lot of GPN scrip ( e.g. it'd only take approx. $4m for a 20% stake in the whole company at current price ~2.4c) .

AXO is a good example of the valuations that should be assigned (AXO market value is 3-4 times GPN's)
RDR also has a vanadium asset and recent interest in RDR could be due to rerating of company to include their vanadium.

Whoever is buying they're in no hurry, so if you are a seller they'll happilly buy whatever is on offer at these levels for the next few weeks. With YRR succesfully listing and some reputable names on the board of the new entity it could be valued at half of AXO which makes it a $20m company. I think you're getting the gold assets for free at today's price. Now sometimes you buy a stock for one reason and a totally different scenario plays out where you make money because of a different reason. Could it be that the Peak Hill assets are in play here ?

The announcements so far from GPN regarding Peak Hill (and the evidence from the neighbouring tenements of GLN and MEI ) augers well for a rerating of the pure gold play . Maybe those that hold GPN for 6-12 month period will see GPN's full potential.