RE:RE:RE:RE:RE:RE:anonymous buying...Jaguar is a well run mining company with Eric sprott holding majority control... but I believe Great panther has multiples more upside potential than JAG.T
Some of the major mining companies are trading at $1 billion per 100k Oz yearly production. Mid-tiers are around $500 million per 100k Oz yearly production, with a few exceptions, LUG, TGZ, etc... so I believe Jaguar is currently trading at a fair market value for production, but has the potential to trade at a premium. Great panther is currently trading at a considerable discount.
Great Panther is trading approximately $300 million per 100k Oz yearly production. If you believe as I do, that we’re going to see the following quarters beat current guidance, then we’re trading at even more of a discount.
With the increasing silver price, and the reopening of our two silver mines in Mexico, our gold equivalent ounce should increase by 50%+... with the AISC decreasing because the mines are no longer on care and maintaince due to Mexico’s forced covid shutdowns. This company has the potential for a massive re-rating in the short term!
Great Panther has massively out performances the s&p and the sector gold recently, and in my opinion is going to be the biggest turnaround story of 2020-2021! (see link for s&p performance)
https://twitter.com/stockscreenerhq/status/1292173848750759938?s=21 The Alchemist