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6.25%

3.4¢ geopacific resources ltd

Hi 004, Like your strategy and will be following it when funds,...

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Rhama

1,030 Posts.

102

27/10/17

17:36

Post #: 28264941
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Originally posted by nsw004 ↑

Hi Rhama, GPR mgmt is very clear about building the mine at Woodlark. Earlier 150 mil were spent , now feverish activity is going on and GPR is sure to get a good Reserve / Resource estimate in Q1 2018. Meanwhile the market maker tests all the punters at such low prices to see if they sell and get out.

GPR has no known negatives except a definite shares consolidation some time in 2018/19. The ideal thing is to accumulate 50 percent now & stop and if needed buy the other 50 percent after consolidation if it happens.

I think conservatively GPR will be a ten bagger over next five years, may be more but I would like to aim lower.The added plus point is this co will never go under water, so capital is safe here.

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Hi 004,

Like your strategy and will be following it when funds, and future good Anns, become available. I'm also of the opinion that a 10 bagger is conservative. One question though, what makes you think GPR will never go underwater?

GPR Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
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(20min delay)
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

View Market Depth

No.	Vol.	Price($)
1	888060	0.011
3	350000	0.010
3	7942227	0.009
1	80000	0.007
1	500000	0.006

Price($)	Vol.	No.
0.013	158392	1
0.014	112500	2
0.015	2126211	2
0.016	100000	1
0.018	71428	1

Last trade - 15.33pm 06/11/2024 (20 minute delay)

GPR (ASX) Chart