GPR 6.25% 3.4¢ geopacific resources ltd

Definitely an article worth reading for existing and prospective...

  1. 214 Posts.
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    Definitely an article worth reading for existing and prospective investors.

    And nice to see further consolidation with the bulk of 1 million volume on Friday at 3.7c following solid buying at 3.6c on previous days. Ready sellers at these levels are on the decrease and IMO only a matter of time before the 2 million seller at 4.0 cents is taken out and we then see further increase in share price for this under rated company.

    Early H2 is not only a significant time for GPR with the DFS for Woodlark but also government elections are happening in Cambodia. The likely return of the Hun Sen lead Cambodia People's Party will IMO be the best result for GPR, giving them political landscape confidence for a further 5 years. If further drilling results for Kou Sa continue to impress and Woodlark production proceeds as envisaged, GPR will in time have ample cash flow to progress Cambodia and we may be sitting on GPR shares with two excellent projects.

    Given, Kou Sa is a long way off the prospects of Woodlark, but what a nice secondary prospect for GPR to already have commenced.

    Assuming no significant drop in POG I foresee 4 cents being taken this month and the 2016 high of 5.2 cents exceeded in the current quarter as we proceed towards release of DFS.
 
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Last
3.4¢
Change
0.002(6.25%)
Mkt cap ! $25.17M
Open High Low Value Volume
3.3¢ 3.4¢ 3.2¢ $3.311K 101.1K

Buyers (Bids)

No. Vol. Price($)
3 928000 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 214180 2
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Last trade - 15.33pm 06/11/2024 (20 minute delay) ?
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