GPR 6.25% 3.4¢ geopacific resources ltd

GPR - Time to buy?, page-88

  1. 1,030 Posts.
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    Can't speak for others but I'm of the opinion that this is the time to accumulate.

    If drilling at Woodlark has started then I would imagine it will be a month or 2 before we get results. During this time, in my opinion, the only surprise we might get, announcement wise, is something from either Cambodia or Fiji - and can't rule out another acquisition either. With the DFS still a ways off I'm not expecting much action in the SP in the immediate future. Maybe the SP will even retract further?

    As a believer in management and the Woodlark project, I feel secure in the belief that the SP will be a lot higher at the time of production. But as you point out Opty, the possibility of nearer term spikes are a reality. Personally I believe there's a lot to like about GPR. If all else fails and only Woodlark gets going, then we will be winners anyway. But if GPR's other projects begin to take shape, well, this is a retirement fund.
 
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