GREY:GPLDF - Post by User
Post by
ticktalkeron Nov 05, 2006 5:48pm
247 Views
Post# 11621084
The focus should be on Q3 results
The focus should be on Q3 resultsThe most important near term event for this stock will be the Q3 numbers at the end of the month. By then GPR should be listed on the TSX. If the numbers are solid then this will be perfect timing. For this to happen Guanajuato will have had to be running for most of the quarter at 400 tpd with real ore instead of the low grade stuff they were feeding it in Q2. I would also guess their production estimates for 2006 are going to be way off because we haven’t heard anything about commissioning the second ball mill. Hopefully, we will see such a release in the coming weeks. It is also of note, that with the dramatic increases in the price of lead and zinc, Topia’s ore is gaining significant value. Now, all we need is for silver and gold to make their move to the next level. Rising ore prices combined with rising production could make this a very interesting story over the next twelve months.