GPN greater pacific gold limited

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  1. 7,409 Posts.
    Ill give it a go....

    Looks like accumulation going on to me. However no shortage of sellers either as rightly pointed out. The good news is eveytime the stock gets a concerted selldown it recovers very quickly to equilibrium.

    I would suggest that it is probably still a little while until assay results are out based on trading pattern. Results are currently 2 weeks behind schedule according to their last announcement which stated they were expecting results by end of December.

    Suggest also that YRR float and a doubling of shareprice is factored in to GPN price atm. So all eyes will be on gold results for any further appreciation.

    Just my view.
 
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