Geopacific Resources Ltd GPR

Primary Symbol: GPACF

Metals & Mining Gold

Geopacific Resources Limited is an Australia-based mining and exploration company primarily focused on the development of the high-grade Woodlark Gold Project in Papua New Guinea. The Woodlark Gold Project (the Project) is an advanced gold development project, located on Woodlark Island in Papua New Guinea (PNG). The Project has an endowment of approximately 1.6 million ounces of gold in mineral resources. The Project's prospects include Kulumadau - large-scale target corridor including Great Northern and Boscalo prospects, Talpos/Bains (and South) Prospects, Wayai Creek/Okiduse Prospects and Little McKenzie Prospect. The Project covers approximately 529 square kilometers.

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Geopacific Resources Ltd

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Comment by jagdipdaveon Oct 23, 2007 1:34pm

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Post# 13672876

RE: S1 Filed- Geomean

Thanks. Your skepticism about S1 is solid ans supported by facts. How much value would you put to S1 with following assumptions. - Current Houston Channel Gas prices. - 30% impurities. - Current Processing charges for impurity removal - Current lifting cost. If it is $X/ Flow Rate and if it takes 10 million in drilling, then we can understand if that is likely to be economical and any value or not. I must appreciate that you could certain things that everyone can not.

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