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Great Panther Mining Ltd GPLDF

Great Panther Mining Limited is a Canada-based precious metals producer focused on the operation of the Tucano Gold Mine in Brazil. The Company controls a land package covering nearly 200,000 hectares in the prospective Vila Nova Greenstone belt. The Company has three wholly owned mining operations including the Tucano gold mine, which produces gold dore and is located in Amapa State in northern Brazil. In Mexico, Great Panther operates the Topia mine in the state of Durango, which produces concentrates containing silver, gold, lead and zinc, and the Guanajuato Mine Complex (the GMC) in the state of Guanajuato. The GMC comprises the Guanajuato mine, the San Ignacio mine, and the Cata processing plant, which produces silver and gold concentrates. The Company also wholly owns the Coricancha Mine Complex, a gold-silver-copper-lead-zinc mine and processing facility in the central Andes of Peru. It has a portfolio of exploration projects: El Horcon property, Santa Rosa, and Plomo property.


GREY:GPLDF - Post by User

Bullboard Posts
Comment by casey13on Oct 14, 2008 12:14pm
307 Views
Post# 15524507

RE: What is the cost per oz?

RE: What is the cost per oz?tHE comex PRICE OF silver is now below the cost of production for almost all silver miners.
I was told at the Toronto Resource Conference that our cost per ounce is about 13.50.
There is a disconnect between the physical and comex price that can not last without the shortage spilling over into the industrial market. 
When that happens the industrial users will scramble to secure supply and the price will go back up very quickly.
Bullboard Posts