GPN greater pacific gold limited

trading, page-9

  1. 7,409 Posts.
    Thanks for the reply Iceman, could do without the advice of which stocks I should hold and sell, seem to be doing ok without your advise their...sorry i digress...

    Your comparison to WMT/BHP is farcical. No I would not expect BHP to announce a halt for a project that is a minor part of their portfolio. My comments do not in any way relate to that sort of example.

    My comments about MZM/GPN however are valid. Firstly the project is 70%/30%, not 80%/20%. Secondly, MZM arguably have as many if not more projects on the go than GPN. The point is, if calling a trading halt, you are assuming that the announcement may have a material and substantial effect on the value of the company. Now if this was the case for MZM then surely it would potentially also have an effect on GPN. A decent company-changing announcement for MZM would would surely have an effect on another minnow explorer? All I am pointing out is it seems unusual for MZM to announce a trading halt and not GPN under these circumstances.

    After the announcement, I am scratching my head as to why they announced a halt in the first place.

    Anyway, keep up your in-depth analysis of my investing capabilities and my persona. Like a good laugh, takes the edge of that grumpy old-man factor you were talking about...lol
 
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