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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 ecolo101on Jun 08, 2022 10:45am
278 Views
Post# 34740136

Slowly loosing value over the last five years

Slowly loosing value over the last five years

It is ridiculous to see the stock price going down over the years... management does not seem able to do anything to prevent shareholders value erosion. I have bought many times over the years but now I feel the risk is too big as it get closer to 0,20 . With inflation, oil price going up, production cost will increase faster and profit will shrink. Therefore it is difficult to predict if it is going up or down at this point. Patience on the sideline is probably a smart move at this point. 

with silver in a good position it is sad to see this low stock price.............
glta

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