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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 SilverBellson Sep 07, 2009 12:23pm
212 Views
Post# 16284035

RE: Matt

RE: MattBang on northernbull, I feel your frustration. After reading your comment I can see you and I are going through the same el toro poopoo. I've been investing (speculating) in the PM sector now almost 7 years. There have been so many ups and downs along the way. Get your hopes up just to have them crushed time and time again. Last year was a horror story, many of my stocks are still down 90% from where I originally bought  them. The recent rally has virtually  done nothing for them. But I still believe the gold/silver bull is far from dead. And I think stocks like Great Panther will go a lot higher in the years to come. I think a long term outlook and patience is required  for this company. It's got great management, great projects, increasing it's reserves, lowering it's production costs, cash positive, silver is moving higher, and the stock is still 1/4 of it's high. There will be bumps a long the way and corrections are part of the course. But long term this stock is going up. It's a market mover, and has a large following. Panthersunite may have a 10 year target for Great Panther of $10.00 but for me if I could see 1/4 of that ($2.50) I think I'd be thrilled. Over the years I've learned something and I'm sure you have too. There is no room for greed when it comes to playing the markets. I got carried away, I was so heavily involved with the junior sector and I lost my shirt. Now I'm just hoping to break even.  Good luck to the longs.
Bullboard Posts