GPN greater pacific gold limited

ann, page-5

  1. 7,409 Posts.
    DV,

    It's impossible to value what GPN shareprice would be worth based on those figures for the following reasons:

    * value is based on value minus costs. We have no idea what the costs of extraction, quality, throughput per year etc etc to ascertain an educated value
    * the web of companies being created make it difficult to know GPNs value. Who knows what more dilution is going to happen before anything is realised (if ever)

    I am certain however that should GPN construct a producing mine at some point in the future that their shareprice will be a lot higher than it is now. This would be true of any small explorer turning production. I am just far from convinced that the key person behind GPN/YRR/AGU has a profitable producing mine as the prime objective.

    So there's my view. Take it or leave it.
 
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