Post by
Elgounakid on Nov 03, 2019 12:12pm
cc Q3 2019
So far no webcast of Q3 on the website of GPR.
Gandolph, hope you've asked some questions to the board on Thursday.....
Very disappointed in the cy at this point of time.
Look like they're an easy takeover at a Market cap of 215mio.
Grtz
Elg
Comment by
Nergy on Nov 03, 2019 2:02pm
The webcast can be found on the homepage. To summarize,: Focus on free cashflow and Tucano (operational improvements and resource update after the large drill program is finished late Q1.) Let's hope they wait with with Corriancha developments, since they won,'t be able to finance the project before 2021 from free cashflow.
Comment by
ganndolph on Nov 03, 2019 3:06pm
Nergy, The initial capex to get Coricancha up and running is $9 million USD. A $225 USD POG price increase is all that is needed to fund this restart in one quarter's time. Coricancha has been a $1.5 million USD per quarter drag on Great Panther's financials, and IMHO they need to get this mine up and running ASAP.
Comment by
Eap5522 on Nov 04, 2019 1:20pm
Ganndolph how low do you see this going? My average is in the 80s cent range so I'm pretty far underwater. I'm not going to average down but I'm not selling any either.....I don't understand why this stock had gotten beaten down so hard....they're making money not losing money