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.

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Great Panther Mining Ltd

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Comment by konzelmannon Feb 26, 2009 8:01am

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Post# 15804480

RE: Memorable Little Guy posts

In the short term, .53 cents certainly would seem like the high and a good place to take some profits.

In the long-term, I think its fairly safe to say that GPR will be heading higher. Since the markets are so depressed, a long term hold approach isn't a bad idea IMO. Sure, you can make more by trading the highs and lows, but you could end up selling on the wrong day and watching GPR go much higher. You need to build a core position at the lower levels, and be disciplined enough to hold on to it for a while. The trend will inevitably be up from here in the long run.

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