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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 29, 2011 11:39am
326 Views
Post# 18779407

RE: RE: RE: Ten Banger

RE: RE: RE: Ten BangerI've been daytrading this stock. Too scary to hang onto so no, I have no vote. I'm hoping some on here will be at the meeting and will give us some report though.

I read all the good things on here about this company but I keep going back to that insider selloff along with the bought deal financing. It just smells bad to me. It wasn't just selling a few shares to make a living, it was an out and out dump. Until I see the reason for it, I'm playing it safe.

For those on here who are long and strong, I sincerely hope I'm out in left field.

Mineshack keeps pointing out the ten fold increase in revenues but never questions why, in the face of that, the share price has fallen 50% from it's highs. But as he quotes, a fool and his money...

If this comes down to $3.04 before the weekend, I'll buy in. If not, there's lots of other, safer investments.
Bullboard Posts