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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 14, 2020 4:16pm
196 Views
Post# 31029557

RE:RE:IKN - GPL an embarrassment to the industry

RE:RE:IKN - GPL an embarrassment to the industrywhat a sheeet shoow. Awful negotiating by mgmt on behalf of current share holders and vision in their rear sides..

i am the only one to blame for not bailing sooner when there was opportunity recently but really thought with gold prices rising, tucano continuing to produce etc etc, the pain is behind us.. 

i cant even begin to imagine if Brazil shut down the mine, what would have happened then? with the pre payment and off take of around 20 MIllion USD only at the beginning of the year, they haev run out of money...

Why the Facck would you do the xtra stipping and incur costs when you budget and cash flow does not allow you take those expenses... 

Mr. FX as negry calls him was a worse ceo than who he succeeded and that says alot.. the one preceeding him was bad enough... 

Ridiculous............................... even though gold was higher today, i am in the red because of this POS.. i just cant say enough. 

only much higher gold (which i am of the firm belief will come) will save us.. It is a high cost producer. IF and ONLY IF they can reduce costs starting Q2 and start showing some FCF with Gold at 1700 plus, we will definitely see things turn around...

BUT they have given away at least 5-7 Million xtra share than was required in this mkt especially with gold going up and up... CRAZZZZY... incompetence at the higest level. Us small shareholders unfortunately always take the brunt.. another lesson learnt for me by investing in risky companies with track record of incompetent mgmt! 

Bullboard Posts