winter hibernation on 4.6 million cash the pass property drill results and news release. did hit some gold but I 'm not certain how to interpet results very well, It is probably good enough to drill a few more holes next year . Best part of release was how much cash company still holds and that they intend to be conservative in spending it. GPG is in better position than juniors who have no cash. maybe best to lie low and hibernate with the 4.6 mil and keep watch for oppertunities that weaker companies will not be able to hold. GPG has more cash than its market cap , will we get bought out cheap just for the cash ? Will management adopt some sort of plan to protect shareholders against a low ball buy out ?
( just us hard core around these days )
-rgds