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.

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Great Panther Mining Ltd

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Comment by tarnowon Jan 14, 2017 10:03am

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Post# 25707984

RE:RE:RE:RE:Great News - Silver Production down again

This acquisition is a game changer folks! For $25 million start up costs gpr are adding 3 million silver ounces to production in as little as 18 months from now. And they only pay the rest (can't remember exact amount) from free cash flow. So 75% increase in production. That's why the share has increased and will continue too. If silver goes up as well $3 will be seen soon. Also read the report. Grades going forward will be higher, and topia ore has been stockpiled giving 13 months production in 12. Granted costs gone up slightly but aisc still below current silver price which has bottomed. 2017 could see $30 silver

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