GPN greater pacific gold limited

todays trading

  1. 3,267 Posts.
    The statements by Rudd and Howard on opening up uranium mining on the weekend, predictably, saw just about all uranium stocks in positive territory today and for GPN, an increase in buy volume from 5 to 9 million shares and decrease in sell volumes from around 19 mill to 15 mill and trading today around 13 million shares represents a change in the relatively dormant trading patterns for GPN over the last few weeks. Add in the charts data and trends from tkjk ( thanks). Add to this that both Labor and Liberal opening up the mining of U and this presents us with an opportunity for minnows like GPN and YRR . The introduction of international Uranium investors and fund managers means a potentially significant period ahead for holders of minors (not miners) like GPN. A prediction for what its worth, for the weeks ahead now that Uranium mining to be opened up.....GPN trade between 5.2 and 5.5 cents to 5.9 cents in the short term with the usual day trading happening on and off . About double that in the next month until closer to the election where international investors could be buying into our market. Wether they get in on GPN at around 10 cents ( if that's where it is) is unknown as there are a wide variety of options and locations of potential mining opportunities, which will be linked mostly to Companies with entitlements in the Northern Territory and South Australia and depend on the company's management and their ability to present opportunities to the market outside Australia.
 
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Currently unlisted public company.

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