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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
Post by sevencardstuddon Apr 28, 2012 2:31pm
249 Views
Post# 19848187

Great Panther on the move

Great Panther on the move

Great Panther GPL On The Move With Upside To Target [Edit orDelete]0 comments
Apr 28, 2012 2:26 PM | about stocks: GPL

"Great Panther Silver Ltd. released its Q112 production numbers; highlights include silver production of 359,526 oz, up 1% from Q411, and gold production of 2,729 oz, up 20% from Q411. . .record plant silver recovery of 90.1% at Guanajuato. . .Great Panther's Q112. . .gold production was 37% above our forecast of 2,000 oz as more ore from the gold-rich Santa Margarita area entered the mill. . .the company anticipates continued production growth over the balance of the year." At todays price of around 2.10 its a screaming buy.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Stocks: GPL

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