Great Panther Mining Ltd GPLDF

RE:RE:cc Q3 2019

[Blackriver]

Hmmmn Ganndollph, you seem to be mesmerized in benchmarking against USAS as an excuse.  If properly diversified you should only be traumatized by GPL loss. The PM market has risen very nicely since April.  Why not leave this lone comparison alone and focus on why GPL is where it is and how Bannatine made off with $1M a year.  He had to be fired but concurrent with Quarterly release? – BS.  That’s the Board’s Teflon excuse to shift blame from them, a head fake to shock holders? They didn’t know? How much are they being paid for representing shareholder and company interest? What were they doing these three quarters– sipping cappuccino with a lot of grappa?  They were selling quietly I bet.  Bannatine should have been fired months before.  An absolute controlled Q3 conference call also doesn't give me the warm and self-confidence shareholders deserve. Naturally the analysts were the only ones allowed to ask questions as their projected earnings for GPL now places their respective integrities into question.  So instead of doing comprehensive research, they went on what the CEO and staff told them - a manufactured cover-up. Watching as this has too many similarities of Madoff and I don’t buy the caught of guard excuse. Bigger accounts are holding GPL management and analyst accountable. So who do you now trust for ethical information - certainly not the analyst that were supposed to be operating independent from the company. Or do you trust the GPL board for their controlled and canned conference call.  Sorry Charlie - only the finest tuna as they say.  GPL will need good production numbers to pay out Bannatine but if you think he was alone in his mismanagement caper -  wrong.  There should be a lot of pink slips. That will restore stock holder confidence and market value somewhat quickly. And for the stock value to trade sideways for months and then suddenly plummet on analyst shameful 5 start predictions of best profitable quarters - fake news!  Remember the post back – a toothless panther?  Stock plummeted because insiders were bailing and had pre news before quarterly release.  This rebuild of management and shareholder confidence in analyst and share price will take I think considerable time.  On the other side of the coin, the exposure of analysts being so wrong tells the true scenario - they post rosy estimates to win the company’s confidence for job opportunities. If they had been far more alert in their due diligence than the Board might not have had to take such spontaneous draconian action.  But I fear the GPL Board is equally culpable in this bad news cover up by limiting questions to analysts only. The near future will tell the tale.  A good company if management, the Board and analyst can get their heads screwed on.