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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 shootforthemoonon Dec 17, 2010 3:26pm
561 Views
Post# 17863685

RE: RE: RE: HUGE NEWS ?????

RE: RE: RE: HUGE NEWS ?????

5 million is the Measured and Indicated, there is also an additiona 3 million of inferred. That is 8 million ounces total for the three zones that are still open to potential growth.

Guanajito wasnt even completely assessed as there were four other areas in there that were not included, one of which is the santa ignacio that had a great hit which really spiked this stock.

Also this is one of the 2 producing areas, the other being Topia which the new 43-101 hasnt been released. The previous one had over 11 million ounces so there is a lot left.

The great part is I think this stock will pop on not just exploration results which we should have lots of but also on production results which is expected to continue to increase

Bullboard Posts