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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

Post by SilverBellson Aug 05, 2022 2:00pm
434 Views
Post# 34874772

Sale Of Mexican Assets

Sale Of Mexican AssetsAt first hearing about the sale of the Mexican Assets I was angry, and disappointed. It was the one thing that GPR was making money at. But looking at the deal we get $8,000,000US Cash, plus bonuses which are very much achievable $1,500,000US if silver hits $27.50 + $30.00 in the coming years. Plus the shares of GSVRF which is currently at .35 and we paid .26. (an extra 2.3+ mil US) $9,000,000US+ total. Plus the focus will be on less projects (which in my opinion is all this current management can handle). So most of my hope is on GSVRF which looks especially good when silver starts to take off. And there is always a slight chance GPR regains it's once glory. But atleast the deal was OK.
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