GREY:GPLDF - Post by User
Comment by
ganndolphon Jul 28, 2019 10:48pm
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Post# 29968846
RE:RE:RE:RE:RE:RE:RE:RE:RE:Easy money
RE:RE:RE:RE:RE:RE:RE:RE:RE:Easy moneyEap5522,
What I find fascinating is that Americas Silver is trading at a market valuation of 20,200 USD per ounce of gold equivalent production, and their Q2 2019 gold production was ZERO.
Great Panther ended the quarter with 7,800 ounces of gold dore in inventory, and produced 33,461 ounces of gold in Q2. Yet, Great Panther closed the week at 87 cents US with a market valuation of $4300 USD per ounce of quarterly gold equivalent production.
At Americas Silver, they have done everything to hold up their stock price except report their actual Q2 production numbers. At Great Panther, the company took their truth serum early and reported a loss of 2 cents per share with one penny per share due to the cost of the bulk sample mining program completed in June 2019.