GPR 6.25% 3.4¢ geopacific resources ltd

Ann: New results from gold discovery at Woodlark, page-6

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  1. 1,030 Posts.
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    Hi 004, all good thanks mate, except I'm still looking forward to giving up work for a living, ha, ha. How are you?

    Agree, the timing of GPR's reserve estimate Ann should be good. The release of Lycopodium's reports should be equally as good, although not until later in the year. Add to this the possibility of finding another resource and things should start looking sweet. It's been a bit of a wait but we're getting there.

    I'll be interested to know the mill's tonnage capacity. Will they make it just big enough to handle the current resource, or will they make it bigger, just in case?

    I bought into NST when they were around 80 cents, about4-5 years ago. From memory they were producing somewhere around the 100,000 ounce mark p/a, from their mine in the Pilbara, although I suspect their share registry was a lot smaller than ours. But for a true comparison it has to be remembered that gold prices were a lot lower then than now and that gold miners were ASX fringe dwellers.

    Still a few ingredients to be stirred into this pot but I'm sure starting to sense the aroma.

    Cheers

    Rhama
 
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