Here is what good management does Great Panther Mining put out a press release today warning investors that there is a problem at one of their mines, and production will be affected. Here is the news release:
Great Panther Mining Announces Tucano Operational Update
Tue, May 25, 2021, 5:16 AM
VANCOUVER, BC, May 25, 2021 /CNW/ - Great Panther Mining Limited (TSX:GPR; NYSE-A:GPL) ("Great Panther" or the "Company"), a growing gold and silver producer focused on the Americas, reports that wall movements have been detected in the west wall of the south-central portion of the Urucum Central South ("UCS") open pit at Tucano, the Company's wholly-owned mining operation in Brazil. Heavy rainfall, well above seasonal average, triggered higher phreatic levels in the west wall impacting slope stability. In order to ensure health and safety for workers, mining activities in UCS were temporarily halted. The mill will continue to receive ore from the Urucum North open pit and from stockpiles.
This is what good management does. They warn investors when there is a problem. Sure, the stock price takes a temporary hit, but then there are no surprises when the quarterly report comes out.
Bone headed management, on the other hand, fails to inform investors about anything. Bone headed management hides the bad news and waits until the quarterly reports to finally inform investors. Bone headed management releases 2 quarterly report disasters in a row that completely take investors off guard.