GPN - Greater Pacific Gold
- Thread starter the barry
- Start date
-
- Tags
- gpn greater pacific gold
- Joined
- 13 April 2006
- Posts
- 57
- Reactions
- 0
Hi.
If you missed the spin off of Yellow Rock .... then GPN is the back door ... myself I have used the "cat flap" and snuck in via the oppies ... trading today at 1.9c ....
Yellow Rock YRR closed 4 times oversubscribed ... weeks early ... and is expected to open very strong on listing ..
DYOR
Cheers ... Dave
If you missed the spin off of Yellow Rock .... then GPN is the back door ... myself I have used the "cat flap" and snuck in via the oppies ... trading today at 1.9c ....
Yellow Rock YRR closed 4 times oversubscribed ... weeks early ... and is expected to open very strong on listing ..
DYOR
Cheers ... Dave
I also hold GPN.
Seems to be doing very well and i expect that we should see a 5c high by the end on next week.
Loose figures that Ive seen being thrown around are-----expect to see 7c if YRR lists at 50-70c and then expect another jump if gold assays for GPN are good (which they are rumoured to be!!!!) released by the end of Jan.
Alot of specualtion I guess but the potential upside is still huge.
I suggest buy will only go up in the short term
Conman
Seems to be doing very well and i expect that we should see a 5c high by the end on next week.
Loose figures that Ive seen being thrown around are-----expect to see 7c if YRR lists at 50-70c and then expect another jump if gold assays for GPN are good (which they are rumoured to be!!!!) released by the end of Jan.
Alot of specualtion I guess but the potential upside is still huge.
I suggest buy will only go up in the short term
Conman
Caliente
Black Gold!
- Joined
- 30 May 2005
- Posts
- 492
- Reactions
- 0
Nice buildup in anticipation of the YRR launch.
- Joined
- 8 June 2006
- Posts
- 30
- Reactions
- 0
High potential to go up 7 Centsthe barry said:
- Joined
- 10 October 2006
- Posts
- 230
- Reactions
- 3
I only brought into GPN a few weeks ago to get access to the priority allotment of YRR shares, but they have more than doubled over the past few weeks. Ill be keeping an eye on them at least until the Yellow Rock shares list, and reassess from there.
- Joined
- 8 June 2006
- Posts
- 30
- Reactions
- 0
nice move today 
- Joined
- 27 January 2005
- Posts
- 392
- Reactions
- 0
Needs to make this 5c level support and break through to the next level next week.
The gold assays were due end of Jan, so they must be able to almost smell them!! The drillers were paid in shares, not cash, which suggests they were extremely happy with the visuals that they saw on drilling. That's one of the comforting things for us as holders!
YRR set to list on February 19th - less than 3 weeks away, but that's not a firm date yet - jusr suggesteed. They may even bring it forward a couple of days if they are organised as the float closed early, well oversubscribed.
Upcoming floats can be viewed here: http://www.asx.com.au/research/companies/floats/upcoming.htm
Seems there is a lot to look forward to here. Just have to think weeks and not days and it'll hopefully be a very rewarding hold.
Price of gold and the excitement of uranium in general should help drive the price on more announcements and the YRR float.
I'm holding the GPNOA's for added leverage. If the heads rise 20%, the options are likely to rise 40% - I like that reward vs risk scenario.
The gold assays were due end of Jan, so they must be able to almost smell them!! The drillers were paid in shares, not cash, which suggests they were extremely happy with the visuals that they saw on drilling. That's one of the comforting things for us as holders!
YRR set to list on February 19th - less than 3 weeks away, but that's not a firm date yet - jusr suggesteed. They may even bring it forward a couple of days if they are organised as the float closed early, well oversubscribed.
Upcoming floats can be viewed here: http://www.asx.com.au/research/companies/floats/upcoming.htm
Seems there is a lot to look forward to here. Just have to think weeks and not days and it'll hopefully be a very rewarding hold.
Price of gold and the excitement of uranium in general should help drive the price on more announcements and the YRR float.
I'm holding the GPNOA's for added leverage. If the heads rise 20%, the options are likely to rise 40% - I like that reward vs risk scenario.
- Joined
- 13 April 2006
- Posts
- 57
- Reactions
- 0
They might make an announcement about the listing tomorrow ... but the actual listing still has several steps in the procedure to take ...
This might be something to watch for ... the code for YRR is not at present a valid code on the ASX, but will be activated shortly before the listing for the announcements about said listing.
Also GPN holders who subscribed will get notification of their allotment, and refund cheques for any unused funds due to the over-subscription.
Cheers ... Dave
PS. I'm keener on the gold ... drillers apparently "wanting" to be paid in shares .... means the drilling company boss was willing to absorb the wages and other drilling costs out of the company funds ...and "wait" for the results and the eventual payoff ... kool.
This might be something to watch for ... the code for YRR is not at present a valid code on the ASX, but will be activated shortly before the listing for the announcements about said listing.
Also GPN holders who subscribed will get notification of their allotment, and refund cheques for any unused funds due to the over-subscription.
Cheers ... Dave
PS. I'm keener on the gold ... drillers apparently "wanting" to be paid in shares .... means the drilling company boss was willing to absorb the wages and other drilling costs out of the company funds ...and "wait" for the results and the eventual payoff ... kool.
- Joined
- 10 October 2006
- Posts
- 230
- Reactions
- 3
Maybe try giving Yellow Rock a call, 08 9228 3008 and see what is happening. I hope its not tomorrow, I havent found out if i have received any shares yet. As far as I know, they allocate shares this Friday.
- Joined
- 5 August 2004
- Posts
- 1,996
- Reactions
- 0
The listing of YRR is on Feb 19th. over a week away
- Joined
- 5 August 2004
- Posts
- 1,996
- Reactions
- 0
The talk on other boards is tomorrow, I am not sure though.
- Joined
- 13 April 2006
- Posts
- 57
- Reactions
- 0
Check your holdings .... your allocation of YRR should be there ... hope you all got what you wanted.
Cheers ... Dave
Cheers ... Dave
- Joined
- 10 October 2006
- Posts
- 230
- Reactions
- 3
Excuse the noob question, but where can you check your holding?
- Joined
- 5 August 2004
- Posts
- 1,996
- Reactions
- 0
