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Bullboard - Stock Discussion Forum Great Pacific Gold Corp V.GPAC

Alternate Symbol(s):  FSXLF

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 > Scraping the bottom of the barrel
View:
Post by rockmstockm on Sep 12, 2024 4:08pm

Scraping the bottom of the barrel

As most juniors that explore multiple projects this one has hemoraged most of its cash away. The question now is how much dilution and at what share price is pending.
Comment by Quintessential1 on Sep 15, 2024 10:56am
Interesting take especially if you're invested.  If you're not, it becomes kind of obvious. Hemorrhaged is an intersting way to describe the exploration of multiple sites and the adding of an entirely new jurisdiction with "tremendous potential".  I guess we will have to wait for Kesar drilling results but given the fact that  the 29 million in cash has been ...more  
Comment by rockmstockm on Sep 16, 2024 4:50pm
As of June 2024 balance sheet this company only has 5.8 million in cash left. They probably are down to 1 or 2 million now.
Comment by Quintessential1 on Sep 17, 2024 8:20am
Proabably?   Q3 coming up.  Why don't we just wait and see. GLTA
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