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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 AngelEyes3on Jul 12, 2020 3:46pm
291 Views
Post# 31257889

Extremely cheap stock at the moment

Extremely cheap stock at the momentYes they had problems with the gold mine. If those problems are now behind them and silver starts firming in the 20's you will see these shares fly to the 5 dollar range over the next 1 to 2 years. There are very fiew great juniors around. I am seeing expolration plays getting stupid prices while nice producers with a mine already in production and great potential being given away for nothing. When Great Panther was a two silver mine play the shares topped out at 4.40 per share. Now you have a better company with greater potential and it is still under 1 dollar. I have been selling my juniors and been adding to this company. It has not truely moved yet because of their previously poor quarter. If the next quarter shines and I expect that than we will be seeing north of 1 dollar in the near future.
Bullboard Posts