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Great Panther Mining Ltd GPLDF

Metals & Mining Gold
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

Great Panther Mining Ltd
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Comment by Mineshackon May 25, 2016 10:15am
204 Views
Post# 24902549

RE:gpl

RE:gplIn my opinion, I don't think the "tulip mania" label fits.
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Commodities and other tangible assets have been beaten down for a long time and deserved having investment capital returned. What we're seeing is a healthy correction as the demand side steps-back and reconsiders all things. The HUI broke 200 this morning suggesting the correction will go much deeper. Now we'll see another kind of mania as investors scramble for the exits leaving you to feel sorry for more than just those who bought at the top.
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There are two very powerful forces the longs are up against today. A bet against the US dollar is an extreme risk as the oligarchy remains in control. The safe bet is on the seasonal cycle by following the old advice, "sell in May, walk away". The next rally will be grand.
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arh0070 wrote: The correction in silver stocks continues ,it looks like 1.00$ us for gpl will be a good reentry point ,currently about 1.50 us .Kudos to panther managers for selling stock at a stock market peak for the second time in 6 years .Feel sorry for those that got sucked in by tulip mania but it is tough to trade these stocks and make money ,most people loose .


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