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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

Comment by miscstuffon Jun 20, 2022 9:15pm
169 Views
Post# 34770158

RE:RE:RE:more pain

RE:RE:RE:more pain
Heywood_Silvers wrote: I don't think they'd need to do more than a 1:3.  That would get the share price up to around 50 cents, or more than double the minimum requirements of 20 cents.  This would bring the share count down to a very reasonable 150 million shares outstanding.  To put that into context, First Majestic Silver has around 261 million shares outstanding.

I'm fine with a 1:3.  We'll take our lumps and move on.  Silver at some point will get us back to what made the Panther an enticing investment a decade ago.


That will keep the lowest of the lowlifes out. They'll need $50.00 + transaction fee to play 100 shares. lol.
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