I am happy to be buying today at 2.7c . Co is grossly undervalued wrt their assets and I expect a massive rerate in SP during next two years, consolidation not withstanding. Mgmt are most competent mine builders and explorers . Recently they discovered a parallel zone in Woodlark , so resource expansion is going to be very big. Actually the Woodlark island itself has very many targets, they have not even scratched the surface , potential wise. Woodlark current resource 2.1 moZ is tiny compared to the surrounding deposits resource sizes, in due time IMO Woodlark also will have a multiples of current resource size. Now Cambodia asset is also coming up nicely with great gold and silver hits . We can be sure mgmt are not going to sell out the co and they indeed will build the mines , just when the gold bull market is ahead in full steam.
I personally expect POG to exceed all time peaks of USD 1900 in next 12 - 18 months at the outside , so this is the right time to be buying GPR for a long term hold.
GPR Price at posting:
2.7¢ Sentiment: Hold Disclosure: Held
