Great Panther Mining Ltd GPLDF

Finally decided to get in

[konzelmann]

Recently started building a position here when we were hitting some lows.  Been watching GPR for a long time, been wanting to get a good solid expanding silver or gold stock, and decided that at this time GPR is the most undervalued. 

Signs for the future are good.  The whole market is down - if market mood wasn't so horrible, GPR would be much higher than it currently is.  Eventually the TSX will move higher, GPR will be pulled upward no matter what as that happens.  Not to mention, US dollar should become increasingly worthless, so silver/gold should continue to increase in price.

GPR's reducing costs, silver is going higher, recent PP means they have cash on hand - plus their sales to keep them going.  So we're safe in the short term, and destined to be higher in the long term.  Win-win situation.

Also picked up an expanding oil producer that has cash in the bank, Antrim Energy AEN.T.


Be greedy when others are fearful.  You have to be buying stuff in these times, no matter what all the bashers say.  Maybe not full positions, maybe not all at once, but you have to be building your stash of solid companies such as GPR.  Keep some cash on hand for major sell-off days, but make sure you're building your core positions.

Will buy more if it goes lower again.