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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 moongroveon Jul 25, 2016 2:59pm
247 Views
Post# 25082407

RE:gpl

RE:gpl

Hello arh0070,

Please educate us on what kind of bad news you keep telling us to expect? This company has NO debt and one of the LOWEST AISCs in the silver mining industry. They have a large amount of cash on hand, especially now with the recent private placement. I really don't understand why you keep saying to expect bad news. This stock moves depending on the price of the commodity. That is why it hasn't been performing the greatest over the last couple of weeks. That and the private placement diluted the shares. However, no way did the raising of capital dilute it to reflect today's SP. You still haven't provided ANY reasoning whatsoever to justify your negative statements on this company.

 

Regards,

Moongrove

Bullboard Posts