GPN greater pacific gold limited

DV,It's impossible to value what GPN shareprice would be worth...

  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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