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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 piece-of-eighton Nov 11, 2006 6:30pm
366 Views
Post# 11664250

RE: 4 of these advisors have GPR as a

RE: 4 of these advisors have GPR as aIt's worth pointing out that Cohen considers $5 very conservative. The company could hit that just on high probability reserve growth, and the rise in silver. But if you listen to his interviews on ROBTV, for example (and I archived the audio of one of them that can be found on this thread by looking over my messages), you can see how he looks at the company. Guanajuato is the key. That mine complex produced a half a billion ounces of silver and it basically was mined down to the water table - and mining stopped. But as Cohen notes, it's quite probable that there's a great deal of minable ore deeper down. No one knows just how much we're talking about here, but Cohen was talking about 100+ feet down. It that really pans out, you can kiss $5 goodbye. You'd be looking at more like $20 to $30 and a company with marketcap into the billions. No joke. We'll know within a few years just how much upside is here. But at the current quote, the stock has fantastic upside never mind the possibility of a monster find at Guanajuato. CRBBULL, thanks for the links you keep seeding on many boards. You're a first rate bird-dog when it comes to nice stories
Bullboard Posts