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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
Post by Elgounakidon Oct 16, 2019 1:29pm
220 Views
Post# 30236834

Comments

CommentsGanndolph, I also am disappointed concerning the NR.  Though they've warned during release of the production figures of Q3.

I'm convinced they already new weeks before troubles were coming.
This also explains the sell off during the weeks before - dispite gold holding strong at USD 1500.
Not being about the lower production forcast of Q4 at Tucano but not happy with the lower figures of Mexico - that was unforeseen.

As retarded production can possibly be mined in the future - no problem to me because gold could even go higher next year. Hopefully no "total loss" of production.

Otherwise - GPR at the moment is very vulnerable for a hostile takeover. Average SP of the last month is very low - so as per today a bid of CAD 1.25 could be succesfull.....

I haven't sold and I will not sell in the next few weeks. I wanna read and explore the financial report of Q3 first!!

Elg


Bullboard Posts