if GPG goes to the $1 - $3 levels,...theres some pretty serious $$$KACHINGO$$$ about to take place,....
and it appears that there is really no technical or fundamental reason for a dip of any signifigance,...
there is a solid support at .35 so the Fib retrace is as follows:
38.2% - .50
50.0% - .55
61.8% - .59
additionally there is a second support, not yet confirmed, at .54. if this hold up through next week and the week after,...then it is on its way to the $1 watermark.
koolmc the first three drill hole results should have been released this week so best guess is early next week. Then it will be followed by a steady stream of releases from the 23 holes they have drilled.
It is hard to predict the future however I do not see it below $1 for much longer and could run as high as $3.00 to $3.50 in short order, that is based on 23 holes all hitting massive sulfides, it is the quality and quantity that is unkown.
Northern Dynasty went from .70 to $7.00 almost overnight when they released.. this rock has similar characteristics however Grand Portage has not been hyped like Northern Dynasty was.. so we shall see
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