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Great Panther Mining Ltd GPLDF

Metals & Mining Gold
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

Great Panther Mining Ltd
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Comment by Cokedrunkon Sep 28, 2008 12:16pm
516 Views
Post# 15489626

RE: Is there news coming?

RE: Is there news coming?I think with the bailout package almost complete.  PMs will get hammer one last time..  This is the last opportunity to buy PM stocks for a discount.  Before it takes off for real.  As for why 11% gain on a rotten day for PMs.  Silver looks strong the last week.  It looks coiled for a liftoff.  Bailout or no bailout maybe.  So the price is going up on a rotten day for silver.  I sold out last week at its high.  Hopefully the bailout package will help me pick up some shares for cheap.

Cost for ounce of silver is $11 right now for the company.  So the company is making money for spot price over $11.  Any more gain in price of silver will see it go higher even. 

JMHO
CD
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