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Bullboard - Stock Discussion Forum 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... see more

TSXV:GPAC - Post Discussion

Great Pacific Gold Corp > Just a "for what it' worth" between progress reports.
View:
Post by ValuePro on Nov 04, 2024 11:22am

Just a "for what it' worth" between progress reports.

I am somewhat conversant with the mining history of New Guinea since WWII. Except for a few instances, explorers have largely ignored the island until this century. Yes, there are mines on both sides of the island - two different countries - but compared to the size of the land mass, the place is largely unexplored. 

If one looks at the concentrations of major mining activity in northern Australia and nearby Indonesia, it can be understood that New Guinea must also be rich in precious and base metals. So what is going on there now is tantamount to the whole island becoming one vast area play from which a "rush" may be developing. And as history shows, those who stake claims early in a "rush" are more likely to get rich.

...all in my opinion. Do you own DD.

VP in AZ



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