GPN greater pacific gold limited

takeover, page-54

  1. 2,668 Posts.
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    The vanadium resource has had no effect on the price of GPN yet, but going forward i think it's true value will be reflected if/when the next drilling programme better defines the potential of the deposit.
    The many small announcements haven't inspired the market,they are little more than a handfull of seeds planted. Given time some of the seeds will flourish and add value. Some patience is required as was the case a few months ago before GPN's current re-rating.
    Many investors want instant rewards in these boom times and tend to take the profit and move on. I do the same most of the time, except with GPN. I'm happy to sit on heaps of options and wait it out as the eventual payout will be huge. Still over 12 months left on the options so plenty of time for true potential to be recognised by market imo.
 
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