GPN greater pacific gold limited

take over theory, page-5

  1. 1,263 Posts.
    I agree Iceman. Its a bit of a worry mate that all these shares keep ending up in the hands of a select few. At the same times it drives down by earning power by the same factor as I have been left out of the deal.

    The sad thing is that as an individual I have no doubt invested more $$ in these companies than some of those behind the scenes. In fact it is not sad its insulting.

    With most of my holdings in GPNOA this does not look good for me at all.

    After this issue you would need nearly $1B (read Billion) to get GPN above its previous highs on a fully diluted basis. Yes please, will that be cash or scrip?

    Hmmm. Maybe they engineer their own TO. Phantom company issues billions of shares for the group and then consolidates all small holders out of the equation while the "insiders" hold 99.9% of the lot.

    So who is watching the lizards revival today?
 
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