GPR 6.25% 3.4¢ geopacific resources ltd

Ann: Change of substantial for KGD, page-8

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  1. 2,125 Posts.
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    hi , that I agree with you 100 percent. These guys are both fantastic explorers and mine builders.They have said they will construct the mine in the KGD desposit which they are trying to take over.

    One negative is they have said openly in their presentation that the equity is huge, that they will go for consolidation and its a matter of time.

    I think it will be 5:1 and they will do it after taking over the KGD asset.We should be prepared for this. Long haul investors will benefit a lot, short termers will lose heavily I think.
 
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3.4¢
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0.002(6.25%)
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