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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
Post by YoungRichon Oct 17, 2007 9:39pm
352 Views
Post# 13592506

Have new stopes just need time. Option $0.45

Have new stopes just need time. Option $0.45The last batch of new releases on Guanajuato were in fact about exciting new discoveries at deeper levels of the Rayas and Cata Mines! https://www.greatpanther.com/s/NewsReleases.asp?ReportID=195994&_Type=News-Releases&_Title=Great-Panther-Discovers-New-Silver-Gold-Zones-At-Guanajuato https://www.greatpanther.com/s/NewsReleases.asp?ReportID=162610&_Type=News-Releases&_Title=Great-Panther-Defines-Another-New-Silver-Gold-Zone-at-Guanajuato They have the resources but just need some more time to develop them as noted in the latest news release: "...but the development of higher grade stopes at deeper levels of the Rayas and Cata Mines has been slower than planned." It's not a matter of if, but when...be patient. Now, Robert Brown had just sold the shares that he received from optioning @ $0.45. He made a cool 211% gain. Further, there're about 9 millions warrants going for $0.90. The point is, there're a lot of cheap shares going around, putting downward pressures on GPR, not because of poor fundamentals but huge profit taking. I'm amazed that there are hardly any excitements over Mapimi. The recent IP map shows 2 anomalies: one of 1km in diameter and the other of 2km in diameter at the NI43 defined La Gloria zone. This is exactly of the same dimensions as Goldcorp's Penasquito deposit: 13M oz of gold and 864M oz of silver, 2.67M tonnes of lead and 5.81 M tonnes of zinc!!!! Grab samples at the 2km diameter anomaly yield up to 246g/t Ag | 4.05% Pb | 0.02% Zn ! https://www.goldcorp.com/_resources/project_pdfs/Penasquito_pits.pdf Also, according to GPR : "Mapimi is geologically similar to Goldcorp's Penasquito deposit. Both are hosted in fractured and brecciated Carocal Formation siltstones within and adjacent to intrusive-related breccia bodies" It still early and speculative, but the similarities are very exciting indeed. You all know what to do...
Bullboard Posts