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Great Pacific Gold Corp FSXLF


Primary Symbol: V.GPAC

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

Comment by blindpigon Jan 12, 2023 9:14pm
150 Views
Post# 35220053

RE:RE:RE:RE:RE:finally gave up on this today

RE:RE:RE:RE:RE:finally gave up on this todayHi Red,  I can understand the fustration of investors in fsx.  I'm well aware of the issue of shares to Bryan and related parties, but that's par for the course in investing.  Founders always issue themselves shares as part of the initial capitization of the company.  These shares always look very cheap when compared to what others may end up paying.  How did Peter Munk get so rich?. The founders of tech companies are even more "abusers" of the cheap share issue since it is less capital intensive than mining.  Think Bill Gates and company, Jeff Bezos, Elon Musk.  These guys are all promoters in once way or another and have obtained extreme wealth based on cheap initial shares.  I don't think bad of them since we need these type of people to move society forward. 

For every one of these founders who made themselves and shareholders very rich there are hundreds of grave yards  of dead investments.  I hope fsx is not one of the later and fustrated about how long it takes for any drill results to be published. I've got 1% of my portfolio here and normally not a speculative investor.  The only reason I'm here is that my brother worked for Kirkland Lake. Maybe not a good reason to invest in fsx.  However, I'm patient and will hold out until I make some money or there's no further hope.
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