RE:Hard to understand! cyanide5,
The reason that Great Panther is not up is very simple. INFERIOR MARKETING!!!
Plus giving your shares away to institutions at 75 cents per share!!!
Instead of renaming the company to Great Panther Mining Limited, they should
have renamed the company: "Great Panther GOLD AND SILVER!" The market doesn't perceive this stock as a gold producer, so gold needs to be added to the name.
The second mistake that they made was to increase gold production from 8,000 ounces per month to 12,000 ounces per month with the addition of a supplemental oxygen system.
Supplemental WHAT?? Way too complicated!!
Great Panther would have been better off producing NO GOLD like Americas Gold and Silver! Just announce the first gold pour from Tucano in Q4, and skip the part about going from 9 MW to 14 MW of grid power in Q3!!. Keep it simple!!
That way GPR would already be trading at $3.10 USD per share like Americas Gold and Silver, which produces no gold and the same amount of silver as Great Panther.
And let's stop putting out all these confusing numbers like 200,000 ounces of gold equivalent production this year and 240,000 ounces of gold equivalent production next year.
Keep it simple! Just state that Gold production will increase by 500 percent by 2021, and with these changes in marketing GPL could be trading at the same price as USAS.
If you have detected a hint of sarcasm, you are correct this post was meant to be a sarcastic contrast of Jim Bannantine's rather factual and dry presentation at the Denver Gold Forum in contrast to the better marketing presentation by Americas Silver which effectively portrayed itself as a gold and silver company with NARY an ounce of gold production in the current or next calendar quarter.