Great Panther Mining Ltd GPLDF

RE:RE:Great PanthMining positioned to post strong 2020 after re

[The_Alchemist]

The Q2 earning we’re impressive!  With the forecast for much lower AISC for the remainder of the year. In addition to the two silver mines in Mexico back to full production and silver prices more than doubling since since March, free cash flow is going to explode.  GPR.T could easily have $90-100 million USD in the bank by the end of September.  That’s being realistic. 

My feeling is were going to get some exploration results results in the next few weeks.  Which should push us higher.  

This $1.30 CAD or $1 USD stock price is going to be stronger resistance right now...$1.30 CAD is both the 38.2% FIB retracement of the big downward move from. $2.50, that started 3 years ago, and it’s also the 200 week moving average.  But once we break through it, I’m expecting strong moves higher!  It will also act as strong support.... this price range or anything lower is a great buying opportunity. 

I honestly believe this stock is going to $3-5 USD in the next 12-18 months. 

I’ll post a chart or two and some comparable companies once I get a moment.  But just look at JAG.TO... two mines in Brazil with 80,000 Oz yearly production, while trading at $480 million CAD market cap.  GPR.TO has more that 150% more production  and we’re trading at $450 million CAD... with two large exploration programs ongoing, and the potential to start up another mine at minimal cost in the near term, and a revised resource at Tucano in Q4... lots of near and intermediate catalyst to get some big moves up!

The Alchemist