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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 cyanide5on May 08, 2020 12:17pm
274 Views
Post# 31003670

RE:RE:guidance

RE:RE:guidancei am sorry but the financials are horrendous. 1700 plus AISC ... WOW. no matter what price the gold goes, this companies management can somehow ensure that AISC follows to same price. incredble.
The board and mgmt should all resign once again or be fired after coming out with such numbers. What price of gold do they really expect to make a profit? if ever.... i am stuck here but will look for an opportunity to jump ship as soon as i can.. i refrained from buying this stock for long periods of time but got roped in with higher gold prices expecting them to perform or get better but no.... worse and worse each quarter even though they have managed to show some improvement on production side of things...
Bullboard Posts