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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

Post by AngelEyes3on May 27, 2021 9:57pm
545 Views
Post# 33283857

Time to load up the truck

Time to load up the truckAs what happened two years ago the rainy season has hit one of their pits. Some soil issue regaring the combination of excess rain caused the pit to be unstable. We are on the verge of a solid gold move up along with silver. The shares will resume their upward move soon. This time we should have a solid run. Gold prodution is expeted to be down approx 10,000 oz for the coming year because of this excessive rain. So this could be an issue ongoing and the solution would be to open and additional pit and mine that in the future instead of playing this game. But all boats will float in a rising gold and silver environment. But with both fists. I have been adding to my long positions on this company. Also consider looking at Superior Gold just came across this over the past week and am currently doing my research on it. I am a long time trader and these are my opinions but they should not be taken as trading advice since I am no longer a licenced broker just doing my own thing now.
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