GPR 6.25% 3.4¢ geopacific resources ltd

GPR - Time to buy?, page-13

  1. 214 Posts.
    lightbulb Created with Sketch. 9
    And now the Copper price enters the mix big time for GPR!
    http://www.mining.com/copper-price-jump-china-concentrate-imports-hit-record/

    The current copper price has now recovered to match where it was in July 2015 when GPR was valued at 35/41 cents (depending on level of capex) soley based on the copper potential for Kou Sa project in Cambodia. See:
    http://www.nextminingboom.com/fully-funded-asx-explorer-following-in-sandfires-footsteps/

    Fast forward to February this year when GPR positively renegotiated terms of acquisition timing wise in view of the drop in copper value to a 6 year low the previous month which no doubt affected potential of the project.

    However, last week Copper was up 37% on the price in mid January and this is very good news for the Kou Sa Cambodia project with analysts projecting more increases in the copper price.

    More background reading here:
    http://www.nextminingboom.com/gpr-looking-to-prove-up-cambodias-garden-of-eden/
    http://www.nextminingboom.com/gpr-the-copper-gold-explorer-with-an-ace-up-its-sleeve/

    As Woodlark PNG is marching towards production startup and taking front stage, Cambodia and Fiji projects should also be factored in when you DYOR.

    A speculative stock sure, but I like the fact the company is not dependent on one project or one metal.

    Parcel locked in at 3.85 cents average.
 
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Last
3.4¢
Change
0.002(6.25%)
Mkt cap ! $25.17M
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3.3¢ 3.4¢ 3.2¢ $3.311K 101.1K

Buyers (Bids)

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3 928000 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 214180 2
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