I just found this interview with the CEO from December 1 and...

I just found this interview with the CEO from December 1 and it's a very good read for existing or potential investors:

http://www.mining-journal.com/gold-...tocks-company-profiles/geopacific-goes-forth/

This line is interesting:

Ron Heeks: We are commencing drilling this week and are targeting releasing an updated resource mid next year.

However, on December 21, the last company announcement, Ron says they are 3 months ahead of schedule. That reads to me the updated resource will be end Q1/start Q2. Hope I have this right.

Also I have been following trading for GPR quite closely for the past 6 months. Since the 15 million capital raising in late August, when the price was hovering over 5c, there commenced a seller or sellers of approx 1 million share parcels on around 10 separate trading days through until last month.

I assume this seller/s was/were part of this raising given that, referring to the last released top 20, there were virtually no significant holdings beyond the two long term substantial holders.

These large sell transactions undoubtedly contributed to the share travelling down from 5.0+ cents to a low of 3.0 cents on December 21.

That was also the last trading day there was a large individual sell order which went through early in the first hour of trade.

Interestingly on December 21 after 12pm was the announcement referred to above about being GPR 3 months ahead of schedule.

Reasons for no more large sell orders could be:
1. seller/s have exhausted holdings.
2. the December 21 GPR announcement changed Seller/s opinion.
3. or they have not finished selling as there have also been multi day breaks previously between large volume individual sales.

The share price remained relatively static from December 21 until December 29 when it was 3.1c before trade. 1 week later it has moved to 4.0c on low volume over a period good for all Oz gold shares.

Hopefully interesting times ahead during Q1 for GPR shareholders.