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Geopacific Resources Ltd T.GPR


Primary Symbol: GPACF

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.


OTCPK:GPACF - Post by User

Post by arh0070on Jun 28, 2022 7:42am
297 Views
Post# 34786655

Gpl

GplThe relentless bear market in small gold stocks continues.The weakest ones have gone down the most .There are still a few people selling thier Gpl shares for peanuts compared to some years ago.Seems likely if the company survives that there will be a reverse stock split and name change to try and erase all the mistakes of the last 10 years.
There are way too many shares outstanding from the various disastrous share issues over the years .
A bigger player might conceivable come along and buy them out, a gold mine is going for cheap if its worth anything and its problems can be solved.
Wonder what's happened to Archer he must be enjoying his retirement .
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