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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 KingWhatsion Jun 24, 2011 12:29pm
240 Views
Post# 18761789

RE: RE: RE: RE: RE: RE: GPR also added to the Russ

RE: RE: RE: RE: RE: RE: GPR also added to the RussYou have to consider littleguy that a while back, they all dumped their shares around the $4.25 mark and as they cashed in on options, they dumped those as well like they were hot rocks. I took that as a sign that the wind had changed direction. As yeold has pointed out, the dumping continues and one must take notice of that.

After all, insiders can see into the future.

This kind of news makes me worry about some kind of merger in the works. You know, the type that leaves the shareholder on the clothes line with diminished share value while the new company goes through another development stage.

A while ago, I brought up this same thing and a few on here dissagreed with me on it but I sold just the same around the $3.50 mark and said I'd wait for $2.75. Recently I've been buying back in starting @ $2.70 and then happily just over $2.50

Thanks to yeold's prompt alert, I'll be watching for a good profit taking day to thin out my holdings. Signs are that the summer is going to be especially sluggish so money in my pocket is better than money left on the table gathering dust.
Bullboard Posts