Great Pacific Gold Corp FSXLF

Primary Symbol: V.GPAC

Metals & Mining Gold

Great Pacific Gold Corp. operates a portfolio of high-grade gold projects in Papua New Guinea (PNG) and Australia. In PNG, it holds a significant 2,513 sq. km mineral exploration land package. It includes early-stage and advanced-stage exploration targets with high-grade epithermal vein and porphyry-style mineralization present. Its Arau Project consists of two exploration licenses, located in the Kainantu region, and includes the Mt. Victor Prospect, hosting copper and gold mineralization. Its Wild Dog Project consists of one granted exploration license, EL 2761, and one exploration license application, ELA 2516, located on the island of New Britain and about 50 km southwest of Rabaul and Kokopo, PNG. Its Kesar Creek Project consists of one exploration license, EL 2711, and is contiguous with the K92 Mining Inc. tenements. Its The Tinga Valley Property consists of one exploration license, EL2720, located in the Papua Mobile Belt, which is host to several Tier 1 copper and gold mines.

TSXV:GPAC - Post by User

Great Pacific Gold Corp > 55m at 3.06 g/t Au - Including 15.9m at 6.93 g/t Au

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Comment by Tadon Dec 20, 2020 1:14pm

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Post# 32149283

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:55m at 3.06 g/t Au - Including 15.9m at 6.93 g/t Au

Marcsr,

And with the high percentage of shorts on this stock, all attention has to be paid to performance levels of drilling results.

Agree with your view about watching expenses and dwindling treasuries with exploration plays overall .... but we're already getting good performance from the drill bit, and the company managed to pull in money from a secondary financing at the $4.00 level this past July already. And I doubt shareholders Eric Sprott and Ross Beatty are too concerned about the day to day machinations of this particular exploration play either ..... if the company can keep the dilution low throughout the exploration phase, then any decision 2 or 3 years out to move to the exploitation phase could potentially see lower overall dilution with a higher share price .... if FSX doesn't get taken out beforehand ...... ;-)

Not sure where you get the thought of a high percentage of short positions on FSX ....???

Short positions should be updated this coming week sometime, but short position on FSX is minimal as of November 30 ......

Short Positions for FSX

Symbol	Report Date	Volume	Change	Shares Issued	% Float
V : FSX	2020-11-30	365,529	250,837	67,566,061	0.54
V : FSX	2020-11-15	114,692	5,367	64,892,561	0.18
V : FSX	2020-10-31	109,325	20,747	64,362,017	0.17
V : FSX	2020-10-15	88,578	2,860	63,600,037	0.14
V : FSX	2020-09-30	85,718	-969,031	62,525,742	0.14
V : FSX	2020-09-15	1,054,749	453,312	62,525,742	1.69
V : FSX	2020-08-31	601,437	54,624	47,087,751	1.28
V : FSX	2020-08-15	546,813	-112,324	46,687,751	1.17
V : FSX	2020-07-31	659,137	15,481	46,687,751	1.41
V : FSX	2020-07-15	643,656	-88,626	46,177,751	1.39
V : FSX	2020-06-30	732,282	245,946	46,177,751	1.59
V : FSX	2020-06-15	486,336	-215,761	45,702,751	1.06
V : FSX	2020-05-31	702,097	77,070	45,702,751	1.54
V : FSX	2020-05-15	625,027	321,434	45,702,751	1.37
V : FSX	2020-04-30	303,593	263,593	44,982,751	0.67
V : FSX	2020-04-15	40,000	40,000	44,982,751	0.09